EC NEWS why is Ecopetrol S.a. price falling or rising

EC NEWS reasons for why stock price of Ecopetrol S.a. is falling or rising

EC Ecopetrol S is falling or rising technical reasons

Technical analysis forecast for Ecopetrol S Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Ecopetrol S EC at this time. Stock is falling and might fall more.

It appears as if Ecopetrol S EC gave a large move recently.

Stock of Ecopetrol S (EC) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Ecopetrol S is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 11.1 as stoploss in an intra day buy trade for a target of 11.55. However, stock will show a bearish move below 11.1.

EC Ecopetrol S is falling or rising NEWS fundamental reasons

OnePlus names Chinese exec for India head position amid retail problems Robin Liu, who was recently the chief executive for OnePlus's North American region, will now oversee the India operations - NEWS as on 2024-07-04 business-standard.com

Gainers & Losers: PFC, REC among 5 stocks in action on Wednesday On Wednesday, Indian headline indices reached new record highs, driven by a rally in banks and financial stocks. - NEWS as on 2024-07-03 indiatimes.com

RBI keeps floating rate savings bond interest rate for July-Dec at 8.05% Interest rate on bonds is reset twice a year, with investors receiving interest payments semi-annually on January 1 and July 1 - NEWS as on 2024-07-02 business-standard.com

REC records strong operational performance for Q1 FY25 REC has recorded loan sanctions of Rs 1,12,747 crore and loan disbursements of Rs 43 652 crore during the first quarter ended 30 June 2024 of financial year 2024-25, which translates into significant growth of 24.17% and 27.89%, respectively, over the cor - NEWS as on 2024-07-01 business-standard.com

Board of REC approves incorporation of project specific SPVs At meeting held on 29 June 2024 - NEWS as on 2024-06-29 business-standard.com

Markets log best monthly gains since Dec amid optimism around new govt The gains come amid the background of strong economic data and optimism around the functioning of the new government - NEWS as on 2024-06-28 business-standard.com

More announcements and NEWS

EC Ecopetrol S.a. current price & indicator signals

Moving Averages for Ecopetrol S.a.

  • 5Day Average: 11.2
  • 12Day Average: 11.46
  • 20Day Average: 11.63
  • 50Day Average: 11.82
  • 100Day Average: 11.64
  • 150Day Average: 11.79
  • 200Day Average: 11.85

EC Indicators & signals

Indicator MACD (12,26,9)

11.4, 11.61, -0.16
Indicator MACD is in negative zone

Indicator ADX (14)

0, 21.88, 21.88
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 45
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of EC Ecopetrol S.a. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
05 Fri Jul 2024 11.23 11.15 to 11.32 -0.35% 0.59 times
03 Wed Jul 2024 11.27 11.16 to 11.30 0% 0.45 times
03 Wed Jul 2024 11.27 11.16 to 11.30 1.17% 0.45 times
02 Tue Jul 2024 11.14 11.05 to 11.23 0.36% 0.67 times
01 Mon Jul 2024 11.10 11.08 to 11.32 -0.8% 0.74 times
28 Fri Jun 2024 11.19 11.12 to 11.30 0.27% 0.64 times
27 Thu Jun 2024 11.16 11.01 to 11.20 -0.09% 0.79 times
26 Wed Jun 2024 11.17 11.03 to 11.24 0% 0.97 times
25 Tue Jun 2024 11.17 11.08 to 11.60 -11.84% 2.21 times
24 Mon Jun 2024 12.67 12.09 to 12.67 5.58% 2.15 times
21 Fri Jun 2024 12.00 12.00 to 12.18 -0.91% 0.93 times
20 Thu Jun 2024 12.11 12.06 to 12.28 0.5% 1.02 times

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