NYSE:ECL - New York Stock Exchange, Inc. - US2788651006 - Common Stock - Currency: USD
Taking everything into account, ECL scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ECL is only an average performer.
ECL has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.
227.41
We found 3 important support areas.
We found 1 important resistance area.
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 | NEUTRAL | NEUTRAL | The short term trend for ECL is neutral. |
ChartMill Relative Strength | 63.32 | NEUTRAL | ECL is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of ECL is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ECL is above the rising 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) | 48.78 | NEUTRAL | The RSI value for ECL is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.36 | NEGATIVE | The MACD value suggests ECL has a negative trend. |
Stochastics (14,3) | 8.83 | OVERSOLD | The low Stochastics value suggests ECL may be oversold. |
Average True Range in percent/ATR (20) | 1.45 | LOW VOLATILITY | The low ATR as a percentage value for ECL suggests low volalility. |
Average Directional Index/ADX (14) | 22.78 | NEUTRAL | The ADX value for ECL suggests a possible start of a new trend. |
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 |
---|---|---|---|
265.49 | 259.04 | 6.45 (2.43%) | 25.00% |
An entry @265.49. This is a Buy Stop order right above the 10 day moving average. | An exit @259.04. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 6.45 points, which is 2.43%. | For a 0.61% total portfolio risk, you can invest 25.00% of your capital in this trade. |
261.23
+1.01 (+0.39%)