Stock Trend Analysis Report
Prepared for you on Sunday, September 24, 2023.
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.
MarketClub’s Trade Triangles for EC
The long-term trend has been UP since Aug 30th, 2023 at 11.745
The intermediate-term trend has been UP since Aug 29th, 2023 at 11.620
The short-term trend has been UP since Aug 21st, 2023 at 11.350
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).
|Year High||27.96||Year High Date||2018-10-02|
|Year Low||14.69||Year Low Date||2018-01-02|
|52wk High||13.08||52wk High Date||2023-09-20|
|52wk Low||8.59||52wk Low Date||2023-05-04|
|Year End Close||59.67||Average Volume||2,126,681|
|Shares Outstanding||14,800||Short Interest||7,363,148|
|% Institutional||2||Market Cap||35,134M|