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Ecopetrol Breaks Above 200-Day Moving Average - Bullish for EC

By Energy Stock Channel Staff, Wednesday, January 18, 1:06 PM ET
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In trading on Wednesday, shares of Ecopetrol SA (NYSE:EC) crossed above their 200 day moving average of $11.93, changing hands as high as $12.21 per share. Ecopetrol SA shares are currently trading up about 5.1% on the day. The chart below shows the one year performance of EC shares, versus its 200 day moving average:

Ecopetrol SA 200 Day Moving Average Chart

Looking at the chart above, EC's low point in its 52 week range is $8.59 per share, with $19.81 as the 52 week high point — that compares with a last trade of $12.09.


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