ECOLAB INC (ECL) Technical Analysis
NYSE:ECL • US2788651006
Current stock price
ECL Technical Rating and Analysis
Overall ECL gets a technical rating of 3 out of 10. ECL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month ECL has a been trading in the 252.66 - 279.69 range, which is quite wide. It is currently trading near the high of this range.
- ECL has an average volume of 1518700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the performance of all stocks over the past year, ECL turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
- ECL is an average performer in the Chemicals industry, it outperforms 43% of 82 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.
ECL Weekly and Daily overview Charts
ECL Setup Rating and Analysis
ECL has a poor technical rating and the quality of the setup is also not perfect 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
ECL Support and Resistance Analysis
250.52
When analyzing the support we notice one important area.
- A support zone ranging from 253.05 to 268.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 308.36 to 308.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
ECL Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for ECL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ECL is neutral. |
| ChartMill Relative Strength | 51.59 | NEUTRAL | ECL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ECL is above the rising 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) | 53.03 | NEUTRAL | The RSI value for ECL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.14 | POSITIVE | The MACD value suggests ECL has a positive trend. |
| Stochastics (14,3) | 94 | OVERBOUGHT | The high Stochastics value suggests ECL may be overbought. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for ECL suggests some volalility. |
| Average Directional Index/ADX (14) | 31.42 | POSITIVE | The high ADX value value for ECL suggests a strong trend. |
ECL Chart- and CandleStick Pattern Analysis
ECL Technicals: Chart, Performance Metrics, Trend & Indicators
275.2
+1.91 (+0.7%)
ECOLAB INC / ECL TA FAQ
Can you provide the ChartMill technical rating for ECOLAB INC?
ChartMill assigns a technical rating of 3 / 10 to ECL.
What is the current trend direction of ECOLAB INC (ECL) stock?
The current trend direction for ECOLAB INC (ECL) is Bearish.
Can you provide the RSI signal for ECOLAB INC?
ECOLAB INC (ECL) has an RSI value of 53.025. This indicates that the stock is currently neutral.
What is the MACD signal for ECOLAB INC (ECL) stock?
The MACD indicator for ECOLAB INC (ECL) has a value of 2.13525, indicating a bullish trend.
Can you provide the support and resistance levels for ECOLAB INC?
ECOLAB INC (ECL) has a support level at 268.61 and a resistance level at 308.36. Check the full technical report for our detailed analysis of ECL support and resistance levels.