Ecolab Technical Analysis Overview

ECL -- USA Stock  

USD 144.00  3.09  2.19%

Ecolab shows Coefficient Of Variation of 923.81 and Mean Deviation of 0.5825. Ecolab technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for Ecolab which can be compared to its rivals. Please confirm Ecolab Jensen Alpha as well as the relationship between Potential Upside and Skewness to decide if Ecolab is priced favorably providing market reflects its regular price of 144.0 per share. Given that Ecolab has Jensen Alpha of 0.07, we urge you verify Ecolab prevailing market performance to make sure the company can sustain itself at future point.
 Time Horizon     30 Days    Login   to change

Ecolab Technical Analysis

Time Period
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The output start index for this execution was six with a total number of output elements of eleven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Ecolab volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Ecolab Trend Analysis

Use this graph to draw trend lines for Ecolab. You can use it to identify possible trend reversals for Ecolab as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Ecolab price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Ecolab Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ecolab applied against its price change over selected period. The best fit line has a slop of 0.23 % which may imply that Ecolab will maintain its good market sentiment and make money for investors. It has 34 observation points and a regression sum of squares at 41.81, which is the sum of squared deviations for the predicted Ecolab price change compared to its average price change.

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations when you add Ecolab to your portfolio

Ecolab July 21, 2018 Daily Price Condition

Additionally see Investing Opportunities. Please also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.