STOCK BUY SIGNAL TRIGGERED: EC @02/27/2023
| Ticker | EC, Ecopetrol S.A. | Note |
| Last Price | 11.29 | |
| Buy | 11.29 | Limit Order This is generated by our mechanical trading system. Please read the chart section for more detailed and flexible entry options. |
| Target | 12.42 | Default at 10%, Or Sell when close below ma5(short term)/10(midterm)/20(long term) or when big down day or when formed inverted hammer at a resistance level |
| Stop | 10.56 | |
| Reward/Risk | 1.56 : 1 |
More Technical Status
| ATR | 0.40 | |
| Beta | 1.42 | |
| RSI(14) | 58.10 | |
| SMA20 | 4.52% | Distance to SMA20 |
| SMA50 | 5.73% | Distance to SMA50 |
| Recommendation | 2.70 | Analysts’ mean recommendation (1=Buy 5=Sell) |
Our system generated several buy signals today. EC is one of them. Let’s take a look at this stock’s chart.
EC made a huge run in the past of a few weeks and then made a pull back. Now it is back up again with a bullish MACD cross. There is a great chance it will go all the way up to $12 level or even higher.
