ECOLAB INC (ECL)

US2788651006 - Common Stock

242.543  +1.93 (+0.8%)

Technical Rating and Analysis

10

Taking everything into account, ECL scores 10 out of 10 in our technical rating. 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!
When comparing the yearly performance of all stocks, we notice that ECL is one of the better performing stocks in the market, outperforming 86% of all stocks. We also observe that the gains produced by ECL over the past year are nicely spread over this period.
ECL is part of the Chemicals industry. There are 84 other stocks in this industry. ECL outperforms 81% of them.
A new 52 week high is currently being made by ECL, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month ECL has a been trading in the 225.50 - 240.73 range, which is quite wide. It is currently trading near the high of this range.
ECL has an average volume of 1077610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
ECL Weekly chart
ECL Daily chart
Setup Rating and Analysis

3

Although ECL has an excellent technical rating, it does not present a decent entry opportunity 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

170.40

244.97

4 important support areas can be observed.

  • A support zone ranging from 234.23 to 240.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 228.55 to 230.36. 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 @172.12 from a trend line in the weekly time frame.

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
CRS86.51
Mansfield0.69
10 Day High240.73
10 Day Low225.5
20 Day High240.73
20 Day Low225.5
52 Week High240.73
52 Week Low156.72
Performance
1 Week2.16%
2 Weeks5.12%
1 Month3.82%
3 Month6.14%
6 Month22.27%
12 Month32.17%
2 Year56.48%
3 Year16.82%
5 Year21.86%
10 Year116.1%
15 Year517.11%
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)0.6
RSI(14)66.69
LBB225.58
UBB243.54
ECL Daily chart

ECOLAB INC

NYSE:ECL (6/12/2024, 9:26:47 AM)

242.543

+1.93 (+0.8%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.8%
1 Week2.16%
2 Weeks5.12%
1 Month3.82%
3 Month6.14%
6 Month22.27%
12 Month32.17%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.23
ATR(20)%1.17%
ATR Inc
Range Today0.46
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 High240.73
10 Day Low225.5
20 Day High240.73
20 Day Low225.5
52 Week High240.73
52 Week Low156.72
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.97K
Volume Incr13.46%
Vol(5)1.09M
Vol(50)1.08M