Ecopetrol S Technical Analysis Overview

EC -- USA Stock  

USD 20.49  0.29  1.40%

Ecopetrol S A shows Coefficient Of Variation of 1119.07, Mean Deviation of 1.35 and Downside Deviation of 1.94. Ecopetrol S A technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for Ecopetrol S A which can be compared to its rivals. Please confirm Ecopetrol S A Maximum Drawdown, Semi Variance and the relationship between Jensen Alpha and Potential Upside to decide if Ecopetrol S A is priced favorably providing market reflects its regular price of 20.49 per share. Given that Ecopetrol S has Jensen Alpha of 0.0455, we urge you verify Ecopetrol S A prevailing market performance to make sure the company can sustain itself at future point.
 Time Horizon     30 Days    Login   to change

Ecopetrol S A Technical Analysis

Time Period
  Portfolio Suggestion    
Execute Indicator
The output start index for this execution was eight with a total number of output elements of nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Ecopetrol S A volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Ecopetrol S A Trend Analysis

Use this graph to draw trend lines for Ecopetrol S A. You can use it to identify possible trend reversals for Ecopetrol S as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Ecopetrol S price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Ecopetrol S Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ecopetrol S A applied against its price change over selected period. The best fit line has a slop of 0.042304 % which suggests that Ecopetrol S A will keep on generating value for investors. It has 34 observation points and a regression sum of squares at 1.46, which is the sum of squared deviations for the predicted Ecopetrol S price change compared to its average price change.

Did you try this?

Run Efficient Frontier Now

Efficient Frontier

Plot and analyze your portfolio and positions against risk-return landscape of the market.
All  Next Launch Efficient Frontier

Ecopetrol S July 19, 2018 Daily Price Condition

Additionally see Investing Opportunities. Please also try Fundamentals Matrix module to view fundamentals matrix and analyze how accounts are interrelated and interconnected with each other.