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Ecopetrol SA is not a strong buy at the moment for a beginner investor with a long-term strategy. The stock is facing negative sentiment due to legal issues surrounding its CEO, declining financial performance, and a recent downgrade by analysts. While the options data indicates a bullish sentiment, the technical indicators and financials do not support a compelling entry point.
The MACD is negative and expanding downward, indicating bearish momentum. RSI is neutral at 39.079, and moving averages are converging, showing no clear trend. The stock is trading near its support level of 11.824, but there is no strong indication of a reversal.

Options market sentiment is bullish, with low put-call ratios. Additionally, the stock has a 70% chance of gaining 2.05% in the next month based on historical candlestick patterns.
The CEO is under investigation for legal issues, which could lead to significant changes in leadership and strategy. Financial performance has declined significantly in Q3 2025, with revenue down 11.80% YoY and net income down 28.16% YoY. Analysts have downgraded the stock to 'Underperform.'
In Q3 2025, revenue dropped by 11.80% YoY to $7.45 billion, and net income fell by 28.16% YoY to $640.29 million. EPS remained flat at 0.02, and gross margin declined to 33.41%. These metrics indicate a weakening financial position.
Bradesco BBI downgraded the stock to 'Underperform' with an unchanged price target of $12. This reflects a lack of confidence in the stock's near-term performance.