Eco-Tek Group, Inc. (OTC:ETEK) Posting Strong Gains

Eco-Tek Group, Inc. (OTC:ETEK) Posting Strong Gains

Eco-Tek Group, Inc. (OTC:ETEK) Posting Strong Gains

Ecotek Group – bringing together a range of advanced technologies to Improve our Environment and Help Protect your Health.

Ecotek Air – with over 20 years in the Air Purification Industry these products and technologies are designed to enhance and improve your indoor environment, whether at work, rest or play.

Ecotek Water – we all need to drink water, but we also deserve to enjoy the benefits of good, clean, healthy water.

Ecotek Health  – Just maybe the solutions to helping us resolve some of our Health issues lay more with early Scientists and Journey masters with their early workings and discoveries. Complimented with our environments natural remedies and understanding, rather than the continual use of synthetic solutions.

Ecotek Team  – A continually growing group of individuals and companies that enjoy working with Environmental Technologies to help change and improve our internal and external living conditions. Frequently discussed as ‘Healthy Living Technologies’ or simply our ‘Well-being’.

Technical Indicators

Overall, the bias in prices is: Upwards.

Short term: Prices are moving.

Intermediate term: Prices are trending.

Candlesticks

During the past 10 bars, there have been 2 white candles and 3 black candles for a net of 1 black candles. During the past 50 bars, there have been 11 white candles and 11 black candles.

A long lower shadow occurred. This is typically a bullish signal (particularly when it occurs near a low price level, at a support level, or when the security is oversold).

Momentum Indicators

Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 100.0000. This is an overbought reading. However, a signal is not generated until the Oscillator crosses below 80 The last signal was a sell 17 period(s) ago.

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 62.88. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 82 period(s) ago.

Commodity Channel Index (CCI)

The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is 157.This is an overbought reading. However, a signal isn’t generated until the indicator crosses below 100. The last signal was a sell 4 period(s) ago.

MACD

The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a buy 16 period(s) ago.

Rex Takasugi – TD Profile

ECO-TEK GROUP closed unchanged at 0.000. Volume was 258% above average (trending) and Bollinger Bands were 26% wider than normal.

Open     High      Low     Close     Volume___
0.000 0.000 0.000 0.000 385,921,376
Technical Outlook 
Short Term: Overbought
Intermediate Term: Bullish
Long Term: Bullish
Moving Averages: 10-period     50-period     200-period
Close: 0.00 0.00 0.00
Volatility: 869 1,218 2,066
Volume: 157,269,440 75,872,848 63,378,944

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.

Summary

ECO-TEK GROUP is currently 98.4% above its 200-period moving average and is in an upward trend. Volatility is high as compared to the average volatility over the last 10 periods. Our volume indicators reflect moderate flows of volume into ETEK.PK (mildly bullish). Our trend forecasting oscillators are currently bullish on ETEK.PK and have had this outlook for the last 10 periods.

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