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ECOPETROL SA-SPONSORED ADR (EC) Stock Technical Analysis

NYSE:EC - New York Stock Exchange, Inc. - US2791581091 - ADR - Currency: USD

9.84  +0.22 (+2.29%)

After market: 9.82 -0.02 (-0.2%)

Technical Rating and Analysis

7

Taking everything into account, EC scores 7 out of 10 in our technical rating. In the last year, EC was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
EC is part of the Oil, Gas & Consumable Fuels industry. There are 212 other stocks in this industry. EC outperforms 70% of them.
In the last month EC has a been trading in the 8.15 - 9.91 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
EC has an average volume of 2383920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, EC turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
EC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EC is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
ECOPETROL SA-SPONSORED ADR / EC Weekly stock chart
ECOPETROL SA-SPONSORED ADR / EC Daily stock chart
Setup Rating and Analysis

2

Although EC has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

7.29

12.70

We found 2 important support areas.

  • A support zone ranging from 8.63 to 8.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @7.36 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

  • Resistance @11.59 from a trend line in the weekly time frame.
  • Resistance @12.57 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.6
Mansfield-1.06
10 Day High9.91
10 Day Low8.15
20 Day High9.91
20 Day Low8.15
52 Week High12.9
52 Week Low7.21
Performance
1 Week14.29%
2 Weeks16.59%
1 Month19.13%
3 Month33.7%
6 Month-6.02%
12 Month-17.1%
2 Year-11.27%
3 Year-39.15%
5 Year-44.25%
10 Year-41.15%
15 Year-63.43%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.13
RSI(14)74.23
LBB7.81
UBB9.88
ECOPETROL SA-SPONSORED ADR / EC Daily stock chart

ECOPETROL SA-SPONSORED ADR

NYSE:EC (2/4/2025, 8:04:00 PM)

After market: 9.82 -0.02 (-0.2%)

9.84

+0.22 (+2.29%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.29%
1 Week14.29%
2 Weeks16.59%
1 Month19.13%
3 Month33.7%
6 Month-6.02%
12 Month-17.1%
2 Year-11.27%
3 Year-39.15%
5 Year-44.25%
10 Year-41.15%
15 Year-63.43%
Volatility
ATR(14)0.32
ATR(20)%2.93%
ATR Inc64.68%
Range Today0.4
ADR(20)0.28
ADR(20)%2.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.6
Mansfield-1.06
10 Day High9.91
10 Day Low8.15
20 Day High9.91
20 Day Low8.15
52 Week High12.9
52 Week Low7.21
CS1 End8.74
CR1 Start11.59
Volume & EV
DER(3)-5.72%
DER(5)-0.14%
Volume3.18M
Volume Incr89.21%
Vol(5)4.38M
Vol(50)2.38M