RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ECL
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Ecolab Inc stock upgraded from Buy Candidate to Strong Buy Candidate after Wednesday trading session.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 06, 2024 Gain 15.91% PDF

The Ecolab Inc stock price gained 1.55% on the last trading day (Wednesday, 27th Mar 2024), rising from $228.23 to $231.76. During the last trading day the stock fluctuated 1.58% from a day low at $228.26 to a day high of $231.86. The price has risen in 7 of the last 10 days and is up by 2.92% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 216 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $276.99 million.

The stock lies in the lower part of a narrow and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $230.23 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 20.60% during the next 3 months and, with a 90% probability hold a price between $277.66 and $291.22 at the end of this 3-month period.

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ECL Signals & Forecast

The Ecolab Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $228.73 and $221.40. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, February 16, 2024, and so far it has risen 7.61%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Ecolab Inc stock

Ecolab Inc finds support from accumulated volume at $221.18 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $3.60 between high and low, or 1.58%. For the last week the stock has had daily average volatility of 1.13%.

Our recommended stop-loss: $221.30 (-4.52%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 27 days ago.)

Trading Expectations (ECL) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Ecolab Inc to open at $230.63, and during the day (based on 14 day Average True Range), to move between $228.81 and $234.71, which gives a possible trading interval of +/-$2.95 (+/-1.27%) up or down from last closing price. If Ecolab Inc takes out the full calculated possible swing range there will be an estimated 2.54% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $221.18, some $10.58 (4.57%) from the current price of $231.76, our system finds the risk reward attractive.

Is Ecolab Inc stock A Buy?

Ecolab Inc holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 7.426 Strong Buy Candidate Upgraded

Predicted Opening Price for Ecolab Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$230.63 ( 0.489%) $231.76

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ECL

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 234.23 1.06 %
R2 232.85 0.471 %
R1 232.00 0.104 %
Current price: 231.76
Support S1 229.25 -1.08 %
S2 228.40 -1.45 %
S3 227.03 -2.04 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 231.76
Support S1 221.18 -4.57%
S2 216.47 -6.60%
S3 215.38 -7.07%

ECL Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 22, 2024 Mar 18, 2024 Apr 15, 2024 $0.570 0.246%
2 Dec 07, 2023 Dec 19, 2023 Jan 16, 2024 $0.570 0.286%
3 Dec 07, 2023 Dec 18, 2023 Jan 16, 2024 $0.570 0.286%
4 Aug 03, 2023 Sep 18, 2023 Oct 16, 2023 $0.530 0.319%
5 May 04, 2023 Jun 16, 2023 Jul 17, 2023 $0.530 0.283%

FAQ

What is the symbol for Ecolab Inc Stock and on which exchange is it traded?
The symbol for Ecolab Inc is ECL and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Ecolab Inc Stock?
Ecolab Inc holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

How to buy Ecolab Inc Stock?
Ecolab Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Ecolab Inc Stock.

What's the current price of Ecolab Inc Stock?
As of the end of day on the 2024-03-27, the price of an Ecolab Inc (ECL) share was $231.76.

What is the 52-week high and low for Ecolab Inc Stock?
The 52-week high for Ecolab Inc Stock is $231.86 and the 52-week low is $156.72.

What is the market capitalization of Ecolab Inc Stock?
As of the 2024-03-27, the market capitalization of Ecolab Inc is 66.17B.

When is the next earnings date for Ecolab Inc?
The upcoming earnings date for Ecolab Inc is Apr 30, 2024.
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About Ecolab Inc

Ecolab Ecolab Inc. provides water, hygiene, and infection prevention solutions and services in the United States and internationally. The company operates through Global Industrial, Global Institutional & Specialty, and Global Healthcare & Life Sciences segments. The Global Industrial segment offers water treatment and process applications, and cleaning and sanitizing solutions to manufacturing, food and beverage processing, transportation, chemical, me... ECL Profile

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