ECOLAB INC (ECL) Stock Technical Analysis
USA - NYSE:ECL - US2788651006 - Common Stock
264.06 USD
-6.55 (-2.42%)
264.06 USD
0 (0%)
Taking everything into account, ECL scores 2 out of 10 in our technical rating. 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 is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ECL is lagging the market slightly.
ECL has an average volume of 1169140 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 45% of them, which is more or less in line with the market.
ECL is part of the Chemicals industry. There are 83 other stocks in this industry, ECL did better than 64% of them.
The technical rating of ECL is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
227.41
288.33
4 important support areas can be observed.
- 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.
We can see 3 important resistance areas.
- Resistance @265.55 from a trend line in the daily time frame.
- A resistance zone ranging from 270.24 to 276.19. 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 | 45.57 | 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) | 36.41 | NEUTRAL | The RSI value for ECL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.43 | NEGATIVE | The MACD value suggests ECL has a negative trend. |
| Stochastics (14,3) | 16.54 | OVERSOLD | The low Stochastics value suggests ECL may be oversold. |
| Average True Range in percent/ATR (20) | 1.48 | LOW VOLATILITY | The low ATR as a percentage value for ECL suggests low volalility. |
| Average Directional Index/ADX (14) | 15.47 | 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)
264.06
-6.55 (-2.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-2.42%
1 Week-2.44%
2 Weeks-3.9%
1 Month-5.72%
3 Month1.08%
6 Month5.2%
12 Month5.02%
2 Year55.88%
3 Year82.84%
5 Year32.14%
10 Year140.67%
15 Year420.42%
Volatility
ATR(14)3.91
ATR(20)%1.48%
ATR Inc31.72%
Range Today6.78
ADR(20)3.76
ADR(20)%1.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.57
Mansfield-0.7
10 Day High277.5
10 Day Low263.77
20 Day High286.04
20 Day Low263.77
52 Week High286.04
52 Week Low221.62
CS1 End260.22
CR1 Start265.55
Volume & EV
DER(3)-2.79%
DER(5)-1.27%
Volume1.25M
Volume Incr-5.51%
Vol(5)1.16M
Vol(50)1.17M