(EC) Ecopetrol S complete technical analysis [charts+indicators] | Buy/Sell Ecopetrol S | (EC) share price targets
Complete technical analysis of Ecopetrol S (EC) by charts plus indicators, forecast predictions and share price targets for Ecopetrol S (EC)
Ecopetrol S trades in USA in Energy sector.
Showing technical analysis as on 2024-03-01 View latest technical analysis
10 day averaged volume of Ecopetrol S is 1622750
Date | Daily Closing Price | Open | High | Low | Volume |
01 Fri Mar 2024 | 11.36 | 11.60 | 11.67 | 11.17 | 3.423 times |
29 Thu Feb 2024 | 11.70 | 11.81 | 11.86 | 11.70 | 0.938 times |
28 Wed Feb 2024 | 11.75 | 11.98 | 12.14 | 11.72 | 1.123 times |
27 Tue Feb 2024 | 11.98 | 11.95 | 12.07 | 11.91 | 0.798 times |
26 Mon Feb 2024 | 11.88 | 11.80 | 11.89 | 11.73 | 0.71 times |
23 Fri Feb 2024 | 11.80 | 11.85 | 11.85 | 11.71 | 0.714 times |
22 Thu Feb 2024 | 11.94 | 11.86 | 12.00 | 11.79 | 1.325 times |
21 Wed Feb 2024 | 11.91 | 11.69 | 11.91 | 11.65 | 1.02 times |
20 Tue Feb 2024 | 11.62 | 11.85 | 11.93 | 11.57 | 1.366 times |
16 Fri Feb 2024 | 11.86 | 11.82 | 11.89 | 11.73 | 0.972 times |
Stock of Ecopetrol S (EC) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 11.5, for a target of 11.7 or 11.8
Share price targets for Ecopetrol S (EC)
Target Type | Value |
Downside Target | 11.17 |
Upside Target | 12.00 |
Upside Target | 12.09 |
Upside Target | 12.14 |
Upside Target | 12.43 |
Upside Target | 12.62 |
Upside Target | 12.95 |
Upside Target | 13.14 |
Intraday share price targets for Ecopetrol S (EC)
Target Type | Value |
Downside Intraday Target | 10.97 |
Downside Intraday Target | 10.59 |
Upside Intraday Target | 11.94 |
Upside Intraday Target | 12.53 |
Upside Intraday Target | 11.56 |
Weekly technical analysis of Ecopetrol S (EC)
Date | Weekly Closing Price | Open | High | Low | Volume |
01 Fri Mar 2024 | 11.36 | 11.80 | 12.14 | 11.17 | 1.58 times |
23 Fri Feb 2024 | 11.80 | 11.85 | 12.00 | 11.57 | 1.036 times |
16 Fri Feb 2024 | 11.86 | 11.91 | 12.00 | 11.58 | 1.025 times |
09 Fri Feb 2024 | 11.87 | 11.76 | 12.09 | 11.55 | 0.819 times |
02 Fri Feb 2024 | 11.79 | 12.26 | 12.43 | 11.76 | 1.075 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Ecopetrol S (EC)
Date | Monthly Closing Price | Open | High | Low | Volume |
01 Fri Mar 2024 | 11.36 | 11.60 | 11.67 | 11.17 | 0.18 times |
29 Thu Feb 2024 | 11.70 | 12.17 | 12.43 | 11.55 | 0.794 times |
31 Wed Jan 2024 | 12.03 | 12.05 | 12.62 | 11.49 | 0.758 times |
29 Fri Dec 2023 | 11.92 | 12.56 | 13.14 | 11.72 | 1.206 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Ecopetrol S (EC)
Price action analysis of Ecopetrol S ( (EC) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Ecopetrol S ( (EC) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Ecopetrol S ( (EC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Ecopetrol S ( (EC) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Ecopetrol S stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Ecopetrol S in short term and the sell signal is strong.
Ecopetrol S Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Ecopetrol S in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Ecopetrol S is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 11.69 and Ecopetrol S (EC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Ecopetrol S (EC) stock. Volume based technical analysis of Ecopetrol S (EC) stock is negative.
Ecopetrol S Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Ecopetrol S ( (EC) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Ecopetrol S ( (EC) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Ecopetrol S ( (EC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Ecopetrol S ( (EC) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Ecopetrol S stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Ecopetrol S in short term and the sell signal is strong.
Ecopetrol S Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Ecopetrol S in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Ecopetrol S is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 11.69 and Ecopetrol S (EC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Ecopetrol S (EC) stock. Volume based technical analysis of Ecopetrol S (EC) stock is negative.
Ecopetrol S Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.