ECL dominated by bulls lifting the market higher throughout the day
ECL finished Monday at 146.96 surging $5.78 (4.09%) on high volume. This is the biggest single day gain since Inception. Today's closing price of 146.96 marks the highest close since Inception. The bulls were in full control today, moving the market higher throughout the whole session. Closing above Friday's high at 142.13, the share confirms its breakout through the prior session's high having traded $4.92 above it intraday. Ending with a strong close near the high of the day sets a bullish note for the next session.
Monday's trading range was $5.76 (4.05%), that's far above last trading month's daily average range of $2.59. Weekly volatility is also higher, being above the markets average with the monthly volatility being way above average.
After trading as low as 141.29 during the day, the market bounced off the key support level at 141.99. The failure to close below the support might increase that levels importance as support going forward.
The trend is clearly bullish, showing an intact uptrend in the short, medium and long-term.
Both sentiments, the classical technical analysis and our quantitative statistics are in perfect alignment today showing a very bullish sentiment for the next trading day.
Market Conditions for Ecolab Inc.
|Rickshaw-Man||TQ Pro Members Only|
|Bearish Doji Star||TQ Pro Members Only|
|Northern Doji||TQ Pro Members Only|
|Bullish Bounce off SMA 50||TQ Pro Members Only|
|Doji||TQ Pro Members Only|
More market conditions identified for TQ Pro members...
Learn more about TQ Pro
Stocks Top Movers