ECOLAB INC (ECL)

US2788651006 - Common Stock

218.16  -1.05 (-0.48%)

After market: 218.16 0 (0%)

Technical Rating and Analysis

6

Taking everything into account, ECL scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month ECL has a been trading in the 217.05 - 231.86 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that ECL is one of the better performing stocks in the market, outperforming 85% of all stocks.
ECL is one of the better performing stocks in the Chemicals industry, it outperforms 84% of 84 stocks in the same industry.
ECL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ECL is performing more or less in line with the market.
ECL has an average volume of 1289060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Weekly and Daily overview Charts
ECL Weekly chart
ECL Daily chart
Setup Rating and Analysis

5

ECL has an average technical rating and also the quality of the setup is only medium 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.

Support and Resistance Analysis

166.87

234.09

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 217.82 to 218.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @194.85 from a horizontal line in the daily time frame.
  • Support @168.56 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 221.32 to 224.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 230.91 to 231.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.59
Mansfield0.63
10 Day High228.93
10 Day Low217.05
20 Day High231.86
20 Day Low217.05
52 Week High231.86
52 Week Low156.72
Performance
1 Week-1.59%
2 Weeks-4.21%
1 Month-4.66%
3 Month9.15%
6 Month36.41%
12 Month31.74%
2 Year28.83%
3 Year-2.66%
5 Year18.51%
10 Year108.49%
15 Year465.91%
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)-1.26
RSI(14)38.35
LBB215.84
UBB230.05
ECL Daily chart

ECOLAB INC

NYSE:ECL (4/19/2024, 7:04:00 PM)

After market: 218.16 0 (0%)

218.16

-1.05 (-0.48%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.48%
1 Week-1.59%
2 Weeks-4.21%
1 Month-4.66%
3 Month9.15%
6 Month36.41%
12 Month31.74%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.46
ATR(20)%1.47%
ATR Inc
Range Today2.87
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 High228.93
10 Day Low217.05
20 Day High231.86
20 Day Low217.05
52 Week High231.86
52 Week Low156.72
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.59M
Volume Incr17.68%
Vol(5)1.42M
Vol(50)1.29M