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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Ecopetrol S.A. American Depositary Shares (NYSE:EC)

Long-Term Uptrend (+90) - EC is in a strong uptrend that is likely to continue. While EC is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid EC?

MarketClub looks at technical strength and momentum to determine if the timing is right for EC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_EC
Open High Low EC Price Change
11.7500 11.9299 11.7300 11.7800 +0.0400
Entry Signal

MarketClub’s Trade Triangles for EC

long term up The long-term trend has been UP since Apr 2nd, 2024 at 12.62

intermediate term up The intermediate-term trend has been UP since Mar 27th, 2024 at 11.16

short term up The short-term trend has been UP since May 9th, 2024 at 11.78

Smart Scan Analysis for EC

Based on our trend formula, EC is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for EC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.7500 11.9299 11.7300 11.7800 +0.0400
Prev. Close Volume Bid Ask Time
11.7400 977179 2024-05-09 14:30:58
Year High27.96Year High Date2018-10-02
Year Low14.69Year Low Date2018-01-02
52wk High13.1452wk High Date2023-12-18
52wk Low8.952wk Low Date2023-05-11
Year End Close59.67Average Volume1,556,876
Shares Outstanding14,800Short Interest7,363,148
% Institutional2Market Cap35,134M
Assets285,227,832MLiabilities207,108,095M
P/E Ratio80.5063Beta0.76
Volatility43.59
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