Technical Analysis for EC - Ecopetrol S.A.

Grade Last Price % Change Price Change
grade F 18.17 -2.05% -0.38
EC closed down 0.22 percent on Friday, January 18, 2019, on 50 percent of normal volume. It ran into resistance at its 50 day moving average. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical EC trend table...

Date Alert Name Type % Chg
Jan 18 50 DMA Resistance Bearish -2.05%
Jan 18 MACD Bullish Centerline Cross Bullish -2.05%
Jan 18 Weak + Overbought Other -2.05%
Jan 18 Overbought Stochastic Strength -2.05%
Jan 17 Weak + Overbought Other -2.26%
Jan 17 Overbought Stochastic Strength -2.26%
Jan 16 50 DMA Resistance Bearish -3.20%
Jan 16 Weak + Overbought Other -3.20%
Jan 16 Overbought Stochastic Strength -3.20%
Jan 15 New Uptrend Bullish -2.42%

Older signals for EC ...

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:
Profile
Ecopetrol S.A., an integrated oil company, engages in the exploration, development, and production of crude oil and natural gas Colombia. The company operates in four segments: Exploration and Production, Refining and Petrochemicals, Transportation, and Market and Supply. It also owns and operates refineries that produce a range of refined products, including gasoline, diesel, kerosene, jet fuel, aviation fuel, liquefied petroleum gas, sulfur, and heavy fuel oils; and petrochemicals and industrial products comprising paraffin waxes, lube base oils, low-density polyethylene, aromatics, asphalts, alkylates, cyclohexan, aliphatic solvents, and refinery grade propylene. In addition, the company is involved in the transportation of crude oil, motor fuels, fuel oil, and other refined products, as well as diesel and biofuels. Further, the company markets various refined and feed stock products, including regular and high octane gasoline, diesel fuel, jet fuel, natural gas, and petrochemical products. As of December 31, 2012, it had proved reserves of crude oil and natural gas totaled 1,876.7 million barrels of oil equivalent; and a network of approximately 8,760 kilometers in length for the transportation of refined products to wholesale distribution points. The company was formerly known as Empresa Colombiana de Petróleos and changed its name to Ecopetrol S.A. in June 2003. Ecopetrol S.A. was founded in 1951 and is based in Bogota, Colombia.
Is EC a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 27.96
52 Week Low 15.25
Average Volume 1,141,851
200-Day Moving Average 21.3844
50-Day Moving Average 18.7604
20-Day Moving Average 17.4195
10-Day Moving Average 18.468
Average True Range 0.6419
ADX 22.1
+DI 25.6005
-DI 24.7156
Chandelier Exit (Long, 3 ATRs ) 16.9743
Chandelier Exit (Short, 3 ATRs ) 17.1757
Upper Bollinger Band 19.692
Lower Bollinger Band 15.147
Percent B (%b) 0.75
BandWidth 26.091449
MACD Line 0.0204
MACD Signal Line -0.2551
MACD Histogram 0.2755
Fundamentals Value
Market Cap 38.13 Billion
Num Shares 2.06 Billion
EPS 0.58
Price-to-Earnings (P/E) Ratio 31.98
Price-to-Sales 1.19
Price-to-Book 1.40
PEG Ratio 0.30
Dividend 0.16
Dividend Yield 0.86%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 19.12
Resistance 3 (R3) 19.15 18.99 19.03
Resistance 2 (R2) 18.99 18.84 18.98 18.99
Resistance 1 (R1) 18.77 18.76 18.69 18.74 18.96
Pivot Point 18.61 18.61 18.57 18.60 18.61
Support 1 (S1) 18.39 18.46 18.31 18.36 18.14
Support 2 (S2) 18.23 18.38 18.22 18.11
Support 3 (S3) 18.01 18.23 18.08
Support 4 (S4) 17.98