ECOLAB INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Stocks
Ticker:	ECL
ISIN:

ECOLAB INC. - Daily - Technical analysis published on 10/04/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bearish

De fond: Slightly bearish

Technical indicators

39%

44%

17%

My opinion

Bearish under 199.76 USD

My targets

194.45 USD (-0.37%)

185.21 USD (-5.10%)

My analysis

The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on ECOLAB INC. as long as the price remains well below 199.76 USD. The next bearish objective for sellers is set at 194.45 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 185.21 USD. In case of crossing, the next objective would be the support located at 178.23 USD.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

FORCE

2.3

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The ECOLAB INC. rating is 195.17 USD. The price registered an increase of +1.21% on the session and was traded between 193.15 USD and 195.23 USD over the period. The price is currently at +1.05% from its lowest and -0.03% from its highest.

193.15

195.23

195.17

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by ECOLAB INC.:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this ECOLAB INC. chart shows a slightly bearish trend. 53.57% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

On the 18 technical indicators analysed, 7 are bullish, 3 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

RSI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near support of triangle

Type : Bullish

Timeframe : Daily

Horizontal support is broken

Type : Bearish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

White hanging man / hammer

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	178.23	185.21	194.45	195.17	199.76	208.57
Change (%)	-8.68%	-5.10%	-0.37%	-	+2.35%	+6.87%
Change	-16.94	-9.96	-0.72	-	+4.59	+13.40
Level	Intermediate	Major	Major	-	Intermediate	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	186.32	187.66	190.25	191.59	194.18	195.52	198.11
Camarilla	191.75	192.11	192.47	192.83	193.19	193.55	193.91
Woodie	186.94	187.97	190.87	191.90	194.80	195.83	198.73
Fibonacci	187.66	189.17	190.09	191.59	193.10	194.02	195.52

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	189.23	191.82	194.81	197.40	200.39	202.98	205.97
Camarilla	196.26	196.77	197.28	197.79	198.30	198.81	199.32
Woodie	189.42	191.92	195.00	197.50	200.58	203.08	206.16
Fibonacci	191.82	193.96	195.27	197.40	199.54	200.85	202.98

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	173.62	182.59	190.31	199.29	207.01	215.98	223.71
Camarilla	193.45	194.98	196.51	198.04	199.57	201.10	202.63
Woodie	173.00	182.28	189.69	198.97	206.39	215.67	223.09
Fibonacci	182.59	188.97	192.91	199.29	205.66	209.60	215.98

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	43.30
MACD (12,26,9):	-1.7700
Directional Movement:	-8.13
AROON (14):	-28.57
DEMA (21):	194.58
Parabolic SAR (0,02-0,02-0,2):	199.38
Elder Ray (13):	-1.73
Super Trend (3,10):	201.69
Zig ZAG (10):	194.76
VORTEX (21):	0.8300
Stochastique (14,3,5):	33.02
TEMA (21):	193.39
Williams %R (14):	-47.86
Chande Momentum Oscillator (20):	-1.44
Repulse (5,40,3):	0.4300
ROCnROLL:	2
TRIX (15,9):	-0.1200
Courbe Coppock:	1.98

MA7:	195.65
MA20:	196.14
MA50:	200.47
MA100:	196.12
MAexp7:	194.92
MAexp20:	196.81
MAexp50:	197.94
MAexp100:	194.24
Price / MA7:	-0.25%
Price / MA20:	-0.49%
Price / MA50:	-2.64%
Price / MA100:	-0.48%
Price / MAexp7:	+0.13%
Price / MAexp20:	-0.83%
Price / MAexp50:	-1.40%
Price / MAexp100:	+0.48%

News

The latest news and videos published on ECOLAB INC. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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