ECOPETROL SA-SPONSORED ADR (EC)

US2791581091 - ADR

11.82  -0.11 (-0.92%)

After market: 11.96 +0.14 (+1.18%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to EC. EC has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
EC has an average volume of 1864880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, EC did better than 73% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
EC is part of the Oil, Gas & Consumable Fuels industry. There are 212 other stocks in this industry, EC did better than 59% of them.
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 11.72 - 12.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
EC Weekly chart
EC Daily chart
Setup Rating and Analysis

7

Although the technical rating is only medium, EC does present a nice setup opportunity. Prices have been consolidating lately.

Support and Resistance Analysis

10.40

13.09

We found 3 important support areas.

  • Support @10.94 from a trend line in the weekly time frame.
  • Support @10.71 from a horizontal line in the daily time frame.
  • A support zone ranging from 10.51 to 10.51. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 11.84 to 12.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @12.55 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 12.82 to 12.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS73.82
Mansfield-1.22
10 Day High12.45
10 Day Low11.77
20 Day High12.48
20 Day Low11.72
52 Week High13.14
52 Week Low9.92
Performance
1 Week-1.5%
2 Weeks-3.9%
1 Month-2.23%
3 Month7.16%
6 Month-7.66%
12 Month13.11%
2 Year8.84%
3 Year-19.15%
5 Year-35.37%
10 Year-67.21%
15 Year-51.54%
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)-0.05
RSI(14)44.77
LBB11.73
UBB12.45
EC Daily chart

ECOPETROL SA-SPONSORED ADR

NYSE:EC (6/12/2024, 4:35:18 PM)

After market: 11.96 +0.14 (+1.18%)

11.82

-0.11 (-0.92%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.92%
1 Week-1.5%
2 Weeks-3.9%
1 Month-2.23%
3 Month7.16%
6 Month-7.66%
12 Month13.11%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.26
ATR(20)%2.22%
ATR Inc
Range Today0.36
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High12.45
10 Day Low11.77
20 Day High12.48
20 Day Low11.72
52 Week High13.14
52 Week Low9.92
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.56M
Volume Incr-6.02%
Vol(5)1.75M
Vol(50)1.86M