Technical Analysis for EC - Ecopetrol S.A.

Grade Last Price % Change Price Change
grade B 19.2 -0.16% -0.03
EC closed down 0.16 percent on Tuesday, December 10, 2019, on 59 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. 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 Up Up Up
See historical EC trend table...

Date Alert Name Type % Chg
Calm After Storm Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Upper Bollinger Band Walk Strength 0.00%
Inside Day Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Calm After Storm Range Contraction -0.16%
Upper Bollinger Band Walk Strength -0.16%
Inside Day Range Contraction -0.16%
Above Upper BB Strength -0.16%
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.
Chemistry Transportation Natural Gas Oil Physical Sciences Crude Oil Petroleum Petroleum Products Industrial Products Oil Equivalent Petroleum Gas Fuel Oil Liquids Biofuels Downstream Petrochemical Products Refined Products Liquid Fuels Diesel Fuel Petrochemistry

Is EC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 23.24
52 Week Low 15.21
Average Volume 475,604
200-Day Moving Average 18.38
50-Day Moving Average 17.99
20-Day Moving Average 18.46
10-Day Moving Average 18.68
Average True Range 0.41
ADX 17.44
+DI 29.33
-DI 14.40
Chandelier Exit (Long, 3 ATRs ) 18.26
Chandelier Exit (Short, 3 ATRs ) 19.07
Upper Bollinger Band 19.28
Lower Bollinger Band 17.64
Percent B (%b) 0.95
BandWidth 8.87
MACD Line 0.28
MACD Signal Line 0.21
MACD Histogram 0.0751
Fundamentals Value
Market Cap 39.47 Billion
Num Shares 2.06 Billion
EPS 0.58
Price-to-Earnings (P/E) Ratio 33.10
Price-to-Sales 1.19
Price-to-Book 1.40
PEG Ratio 0.30
Dividend 0.16
Dividend Yield 0.83%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 19.41
Resistance 3 (R3) 19.41 19.34 19.38
Resistance 2 (R2) 19.34 19.29 19.34 19.36
Resistance 1 (R1) 19.27 19.25 19.24 19.27 19.35
Pivot Point 19.20 19.20 19.18 19.20 19.20
Support 1 (S1) 19.13 19.15 19.10 19.13 19.05
Support 2 (S2) 19.06 19.11 19.06 19.04
Support 3 (S3) 18.99 19.06 19.03
Support 4 (S4) 18.99