Ecolab Inc. is engaged in offering water, hygiene and infection prevention solutions and services that protect people and the resources vital to life. Co.'s Global Industrial segment provides water treatment and process applications, and cleaning and sanitizing solutions primarily to large industrial customers within the manufacturing, food and beverage processing, transportation, chemical, primary metals and mining, power generation, pulp and paper, commercial laundry, global petroleum and petrochemical industries.
When researching a stock like Ecolab, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from ECL Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for ECL stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the ECL 200 day moving average ("ECL 200 DMA"), while one of the most popular "shorter look-backs" is the ECL 50 day moving average ("ECL 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Ecolab. |
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Video: Technical Analysis