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Ecolab Bullish Moving Average Crossover Alert (ECL)

By Amy Schwartz

Ecolab (NYSE:ECL) shares have crossed bullishly above their 10-day moving average of $119.53 on a volume of 480K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Ecolab share prices have moved between a 52-week high of $122.48 and a 52-week low of $98.62 and are now trading 22% above that low price at $120.70 per share. 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