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Ecolab Inc Bullish Moving Average Crossover Alert (ECL)

By Nick Russo

Today, shares of Ecolab Inc (NYSE:ECL) have crossed bullishly above their 10-day moving average of $196.86 on a volume of 496K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Ecolab Inc has traded in a range of $135.77 to $209.87 and is now at $197.22, 45% above that low. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.6%.

SmarTrend is monitoring the recent change of momentum in Ecolab Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Ecolab Inc in search of a potential trend change.

Keywords: moving crosses ecolab inc

Ticker(s): ECL