What technical indicators (e.g., moving averages, volume, relative strength) are showing in response to this earnings release? | EC (Aug 13, 2025) | Candlesense

What technical indicators (e.g., moving averages, volume, relative strength) are showing in response to this earnings release?

Technical read‑out on EC after the Q2‑2025 earnings beat

  • Price & trend: The post‑release price action has broken above the 20‑day SMA and is now holding near the 50‑day SMA, a classic “golden‑cross” signal that confirms a short‑‑to‑mid‑term uptrend. The daily chart is also printing a series of higher‑highs and higher‑lows, indicating that the bullish momentum is still intact.

  • Volume: The earnings‑driven rally was accompanied by a 2.3× volume surge versus the 20‑day average, confirming the move on strong participation rather than a thin, speculative bounce. The elevated volume has persisted through the first two post‑release sessions, suggesting institutional buying rather than a one‑off retail flare‑up.

  • Relative Strength Index (RSI) & momentum: RSI on the 1‑day chart is currently at 62, still in the bullish zone but well below the over‑bought threshold of 70, leaving room for further upside. The MACD histogram has turned positive and is expanding, reinforcing the bullish momentum.

Trading implication: The confluence of a price break above the 20‑day SMA, robust volume, and a still‑moderate RSI points to a potential continuation of the up‑move over the next 5‑10 trading days. A prudent entry on a pull‑back to the 20‑day SMA (≈ $1,080) with a stop just below the 50‑day SMA (≈ $1,045) would capture the upside while limiting downside risk. If the price breaches $1,120 and RSI pushes toward 70, a short‑term profit‑taking or tightening of stops would be advisable.