ECOPETROL SA-SPONSORED ADR (EC) Stock Technical Analysis
NYSE:EC - New York Stock Exchange, Inc. - US2791581091 - ADR - Currency: USD
Taking everything into account, EC scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, EC is a bad performer.
When comparing the yearly performance of all stocks, EC is a bad performer in the overall market: 81% of all stocks are doing better.
EC is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, of which 65% are performing better than EC.
The long and short term trends are both positive. This is looking good!
EC has an average volume of 2443280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
In the last month EC has a been trading in the 8.37 - 9.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although EC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
7.94
12.70
When analyzing the support we can see 2 important areas.
- A support zone ranging from 8.40 to 8.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 8.02 to 8.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @9.85 from a horizontal line in the daily time frame.
- Resistance @10.44 from a horizontal line in the weekly time frame.
- Resistance @12.57 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for EC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EC is up. |
| ChartMill Relative Strength | 19.48 | NEGATIVE | EC has a low relative strength, it was outperformed by 80.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.05 | NEUTRAL | The RSI value for EC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests EC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.23 | OVERBOUGHT | The high Stochastics value suggests EC may be overbought. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for EC suggests some volalility. |
| Average Directional Index/ADX (14) | 28.73 | POSITIVE | The high ADX value value for EC suggests a strong trend. |
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)
NYSE:EC (6/24/2025, 12:58:06 PM)
9.4
-0.05 (-0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.53%
1 Week-2.28%
2 Weeks5.35%
1 Month11.57%
3 Month-7.53%
6 Month25.17%
12 Month-15.55%
2 Year-7.8%
3 Year-12.98%
5 Year-15.09%
10 Year-28.73%
15 Year-67.04%
Volatility
ATR(14)0.28
ATR(20)%2.71%
ATR Inc45.01%
Range Today0.28
ADR(20)0.24
ADR(20)%2.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.48
Mansfield-0.14
10 Day High9.95
10 Day Low8.84
20 Day High9.95
20 Day Low8.37
52 Week High11.32
52 Week Low7.21
CS1 End8.44
CR1 Start9.85
Volume & EV
DER(3)-3.36%
DER(5)-3.66%
Volume2.01M
Volume Incr51.37%
Vol(5)2.95M
Vol(50)2.44M