Trading Signals: ECL Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Wed. Sep. 27, 2023)(Ecolab Inc.)
| ECL latest price $184.5100 (1.08%) ($182.9450 - $185.1300) on Mon. Aug. 7, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.01% (three month average) | RSI | 40 | Latest Price | $184.5100(1.08%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ECL advances 0.2% a day on average for past five trading days. | Weekly Trend | ECL declines -1.3% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Growth stock sell-off for small cap. | Correlated ETFs | Broad market will support ECL advance at 0% a week (0% probability) GLD(99%) IVW(94%) SMH(78%) SPY(76%) QQQ(68%) | Factors Impacting ECL price | ECL will decline at least -0.505% in a week (0% probabilities). VIXM(-63%) VXX(-54%) USO(-35%) TBT(-28%) UUP(-22%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.505% (StdDev 1.01%) | Hourly BBV | 0 () | Intraday Trend | 0.6% | | | |
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Resistance Level | $186.16 | 5 Day Moving Average | $183.72(0.43%) | 10 Day Moving Average | $184.78(-0.15%) | 20 Day Moving Average | $186.16(-0.89%) | To recent high | -3.3% | To recent low | 11.8% | Market Cap | $52.659b | | | | Ecolab, Inc. engages in the provision of products and services in the field of water, hygiene, and energy. It operates through the following segments: Global Industrial, Global Institutional, Global Energy, and Others. The Global Industrial segment consists of the water, food and beverage, paper, life sciences and textile care operating segments. It offers water treatment and process applications, and cleaning and sanitizing solutions, primarily to large industrial customers within the manufacturing, food and beverage processing, transportation, chemical, primary metals and mining, power generation, pulp and paper, pharmaceutical and commercial laundry industries. The Global Institutional segment consists of the institutional, specialty and healthcare operating segments. It provides specialized cleaning and sanitizing products to the foodservice, hospitality, lodging, healthcare, government, education and retail industries. The Global Energy segment serves the process chemicals and water treatment needs of the global petroleum and petrochemical industries in both upstream and downstream applications. The Other segment offers services to detect, eliminate and prevent pests, such as rodents and insects. The company was founded by Merritt J. Osborn in 1923 and is headquartered in St. Paul, MN. |