Ecolab Inc Stock Technical Analysis

ECL Stock  USD 219.04  2.65  1.20%   
As of the 16th of April 2024, Ecolab shows the Mean Deviation of 0.8244, downside deviation of 0.9279, and Coefficient Of Variation of 825.37. Ecolab Inc technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, 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 were able to break down nineteen technical drivers for Ecolab Inc, which can be compared to its peers. Please confirm Ecolab Inc jensen alpha, as well as the relationship between the potential upside and skewness to decide if Ecolab Inc is priced favorably, providing market reflects its regular price of 219.04 per share. Given that Ecolab has jensen alpha of 0.1554, we urge you to verify Ecolab Inc's prevailing market performance to make sure the company can sustain itself at a future point.

Ecolab Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ecolab, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Ecolab
  
Ecolab's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Ecolab Analyst Consensus

Target PriceAdvice# of Analysts
195.5Buy26Odds
Ecolab Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Ecolab analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Ecolab stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Ecolab Inc, talking to its executives and customers, or listening to Ecolab conference calls.
Ecolab Analyst Advice Details
Ecolab technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Ecolab technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ecolab trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Ecolab Inc Technical Analysis

Indicator
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The output start index for this execution was one with a total number of output elements of sixty. 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 Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Ecolab Inc Trend Analysis

Use this graph to draw trend lines for Ecolab Inc. 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 Inc applied against its price change over selected period. The best fit line has a slop of   0.55  , which may imply that Ecolab Inc will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 11467.19, which is the sum of squared deviations for the predicted Ecolab price change compared to its average price change.

About Ecolab Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Ecolab Inc on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Ecolab Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Ecolab Inc price pattern first instead of the macroeconomic environment surrounding Ecolab Inc. By analyzing Ecolab's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Ecolab's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Ecolab specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2023 2024 (projected)
Dividend Yield0.01450.01090.0161
Price To Sales Ratio2.933.693.87

Ecolab April 16, 2024 Technical Indicators

Most technical analysis of Ecolab help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Ecolab from various momentum indicators to cycle indicators. When you analyze Ecolab charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Ecolab Inc is a strong investment it is important to analyze Ecolab's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ecolab's future performance. For an informed investment choice regarding Ecolab Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ecolab Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Ecolab Inc information on this page should be used as a complementary analysis to other Ecolab's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Complementary Tools for Ecolab Stock analysis

When running Ecolab's price analysis, check to measure Ecolab's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ecolab is operating at the current time. Most of Ecolab's value examination focuses on studying past and present price action to predict the probability of Ecolab's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ecolab's price. Additionally, you may evaluate how the addition of Ecolab to your portfolios can decrease your overall portfolio volatility.
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Is Ecolab's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ecolab. If investors know Ecolab will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ecolab listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.065
Dividend Share
2.16
Earnings Share
4.8
Revenue Per Share
53.755
Quarterly Revenue Growth
0.178
The market value of Ecolab Inc is measured differently than its book value, which is the value of Ecolab that is recorded on the company's balance sheet. Investors also form their own opinion of Ecolab's value that differs from its market value or its book value, called intrinsic value, which is Ecolab's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ecolab's market value can be influenced by many factors that don't directly affect Ecolab's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ecolab's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ecolab is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ecolab's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.