ECOLAB INC (ECL)
US2788651006 - Common Stock
We assign a technical rating of 10 out of 10 to ECL. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ECL is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ECL did better than 85% of all other stocks.
ECL is part of the Chemicals industry. There are 83 other stocks in this industry. ECL outperforms 90% of them.
ECL is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ECL is leading the market.
ECL has an average volume of 1025550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ECL has a been trading in a tight range between 234.57 and 248.60.
ECL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 246.13. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 244.95, a Stop Loss order could be placed below this zone.
More info and screens
167.35
249.20
4 important support areas can be observed.
- A support zone ranging from 237.59 to 244.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 218.15 to 218.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @174.79 from a trend line in the weekly time frame.
- Support @169.04 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 246.13 to 246.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.5
Mansfield0.67
10 Day High248.6
10 Day Low241.24
20 Day High248.6
20 Day Low234.57
52 Week High248.6
52 Week Low156.72
Performance
1 Week0.85%
2 Weeks-0.36%
1 Month2.38%
3 Month10.92%
6 Month23.55%
12 Month33.59%
2 Year48.48%
3 Year11.05%
5 Year21.57%
10 Year125.97%
15 Year490.8%
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)
Technical Indicators
MACD(12,26,9)-0.03
RSI(14)57.06
LBB241.11
UBB247.37
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 246.74 | 241.23 | 5.51 (2.23%) | 25.00% |
| An entry @246.74. This is a Buy Stop order right above the resistance zone. | An exit @241.23. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 5.51 points, which is 2.23%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.56%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ECOLAB INC
NYSE:ECL (7/26/2024, 7:26:21 PM)
After market: 245.24 0 (0%)245.24
+1.58 (+0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.65%
1 Week0.85%
2 Weeks-0.36%
1 Month2.38%
3 Month10.92%
6 Month23.55%
12 Month33.59%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.04
ATR(20)%1.27%
ATR Inc
Range Today3.42
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High248.6
10 Day Low241.24
20 Day High248.6
20 Day Low234.57
52 Week High248.6
52 Week Low156.72
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume848.60K
Volume Incr-18.29%
Vol(5)878.57K
Vol(50)1.03M