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Bullish Moving Average Cross by Ecolab (ECL)

By Shiri Gupta

Today, shares of Ecolab (NYSE:ECL) have crossed bullishly above their 10-day moving average of $115.32 on a volume of 278K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Ecolab has traded in a range of $98.62 to $122.48 and is now at $116.34, 18% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.7%.

SmarTrend is tracking the current trend status for Ecolab and will alert subscribers who have ECL in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses ecolab

Ticker(s): ECL