Ecopetrol (EC) Enters Overbought Territory - Tale of the Tape

Ecopetrol S.A. EC has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because EC is now in overbought territory with an RSI value of 70.0. Furthermore, Ecopetrol currently has a Zacks Rank #4 (Sell), suggesting that investors may want to consider exiting this stock now before it falls back to Earth.

 
ECOPETROL- ADR EC: Free Stock Analysis Report
 
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