ECOLAB INC (ECL) Stock Technical Analysis
USA - NYSE:ECL - US2788651006 - Common Stock
265.48 USD
+0.65 (+0.25%)
265.48 USD
0 (0%)
We assign a technical rating of 2 out of 10 to ECL. ECL has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month ECL has a been trading in the 263.77 - 286.04 range, which is quite wide. It is currently trading near the lows of this range.
ECL has an average volume of 1223390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When compared to the yearly performance of all other stocks, ECL outperforms 46% of them, which is more or less in line with the market.
ECL is an average performer in the Chemicals industry, it outperforms 62% of 83 stocks in the same industry.
ECL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ECL is lagging the market.
Volume is considerably higher in the last couple of days.
The technical rating of ECL is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
227.41
288.33
We found 5 important support areas.
- Support @265.11 from a trend line in the daily time frame.
- A support zone ranging from 258.89 to 260.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @250.34 from a horizontal line in the daily time frame.
- Support @240.67 from a trend line in the weekly time frame.
- A support zone ranging from 229.71 to 229.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 269.29 to 273.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 283.74 to 285.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ECL is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ECL is down. |
| ChartMill Relative Strength | 46.36 | NEUTRAL | ECL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ECL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ECL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ECL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.34 | NEUTRAL | The RSI value for ECL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.38 | NEGATIVE | The MACD value suggests ECL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.47 | OVERSOLD | The low Stochastics value suggests ECL may be oversold. |
| Average True Range in percent/ATR (20) | 1.41 | LOW VOLATILITY | The low ATR as a percentage value for ECL suggests low volalility. |
| Average Directional Index/ADX (14) | 18.45 | NEGATIVE | The low ADX value for ECL suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
265.48
+0.65 (+0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.25%
1 Week-2.62%
2 Weeks-2.95%
1 Month-6.21%
3 Month1.63%
6 Month5.77%
12 Month5.58%
2 Year56.72%
3 Year83.83%
5 Year32.85%
10 Year141.96%
15 Year423.22%
Volatility
ATR(14)3.9
ATR(20)%1.41%
ATR Inc-36.4%
Range Today2.53
ADR(20)3.66
ADR(20)%1.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.36
Mansfield-0.71
10 Day High275.62
10 Day Low263.77
20 Day High286.04
20 Day Low263.77
52 Week High286.04
52 Week Low221.62
CS1 End265.11
CR1 Start269.29
Volume & EV
DER(3)-0.5%
DER(5)-1.18%
Volume2.44M
Volume Incr40.75%
Vol(5)1.71M
Vol(50)1.22M