EC Crosses Critical Technical Indicator Wednesday, March 13, 4:17 PM ET, by Market News Video Staff In trading on Wednesday, shares of Ecopetrol SA (EC) entered into oversold territory, changing hands ...
In trading on Monday, shares of Ecopetrol SA (NYSE:EC) crossed above their 200 day moving average of $42.19, changing hands as high as $42.81 per share. Ecopetrol SA shares are currently trading up about 1.7% on the day. The chart below shows the one year performance of EC shares, versus its 200 day moving average:
Looking at the chart above, EC's low point in its 52 week range is $37.48 per share, with $51.92 as the 52 week high point — that compares with a last trade of $42.80.
EC operates in the Oil & Gas Refining & Marketing sector, among companies like Adams Resources & Energy, Inc. (AMEX:AE) which is up about 2.8% today, and Longwei Petroleum Investment Holding Ltd (LPH) trading lower by about 2%. Below is a three month price history chart comparing the stock performance of EC, versus AE and LPH.
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