Ecolab stock: buy or sell
Updated on:
Apr 22nd, 2021
1
Ecolab stock brief
- Ecolab closed on Wednesday at $223.98 after moving up a 1.42%.
- Ecolab is presenting its earnings report next Tuesday
- On April 15, it broke out above $219.51, a resistance not crossed since last February.
- On April 14 broke out above its latest top at $218.21
- Ecolab Inc. provides water, hygiene, and infection prevention solutions and services worldwide.
Should I buy Ecolab stock?
Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $ECL stock a buy?
In the current situation of Ecolab there is just one buy setup eligible:
ATH buy setup
All-time Highs is always an excellent buy point for those who like to buy high and sell higher. The good point of buying at all-time highs is that shares price doesn't have upper resistances, and usually it rises quickly. However, there's the risk of a bulls trap that may trigger your buy order and then falls sharply. That's why a stop loss is always important. Ecolab can break to all-time highs any time soon, as it only needs to rise a 2.37%. The buy point is at $229.28 if you want to trade with this strategy. Set your stop-loss at $206.35
| Buy setup | Buy point | Stop loss | Risk |
| ATH buy setup | $229.28 | $206.35 | 10.00% |
Should I sell Ecolab stock?
When you own a stock with some profit, it's really difficult to decide the best moment to sell and get your benefits. Trading strategies help us to avoid impulsive decisions based on our moods or the buzz that surrounds the market. When selling, as well as buying, our strategies are very easy to follow but are only valid for selling stocks you already own, not for shorting Ecolab stock
A golden rule is that you should never mantain an operation that results in greater losses than those expected at the time of the buy. When to sell shares should always be dictated by the stop-loss (automatic or manual)
Is it time to sell Ecolab stock?
In the current situation of Ecolab there is not any eligible sell setup, so Ecolab stock holders with operations in profit can keep their positions
Ecolab ratings
In the last 30 days, just one analyst rating was published for Ecolab
| Brokerage firm | Rating |
|---|---|
| Mar 29th, 2021 | |
| Deutsche Bank Aktiengesellschaft | Neutral → |
Ecolab stock analysis
SMAs overview
Supports and resistances
The current resistances are:
The current supports are:
Bollinger bands
The price is trading very close to the upper Bollinger band, poiting some level of overbought in recent sessions. This is not a sell point, as price can trade in these levels for many days and weeks
Relative strength index
When the moves for so long below 70 and above 30, without indicating moments of overvaluation and undervaluation, the indicator turns out to be of little use, and we find ourselves in one of these situations.
Ecolab stock price history
Ecolab IPO was on Feb 21st, 1973 priced at $1.48 per share1. Since then, ECL stock has risen by 15,033.78%, with an average of 313.20% per year. An investment of $1,000USD on Feb 1973 would have a value of $151,337.84 nowadays.
1: Adjusted price after possible price splits or reverse-splits
Price target for Ecolab stock
How much a stock will be priced tomorrow or next week is quite unpredictable. Banks and financial organisations publish their analysis predicting how a particular stock will performance in the future.
Along with buy or sell recommendations, brokerage institutions post their price predictions based on the stock price action and the company fundamental data. Most of these estimates follow the release of new financial information by the company, and usually. Again, these targets are not direct recommendations for individual investors and should not be followed blindly.
We don't have any target price posted in the previous month for Ecolab.
| Brokerage firm | Price target |
|---|---|
| Mar 29th, 2021 | |
| Deutsche Bank Aktiengesellschaft | Not available |
Earnings and financials
Ecolab ($ECL) will host the Q1 earnings call next Tuesday. Analysts forecast of $0.81, that is a 34.15% less than previous quarter.
Last February, Ecolab Inc. ($ECL) posted EPS for that matched Wall St. expectations. Quarterly EPS was $1.23 per share compared to the forecasted $1.25. The company said revenue for this quarter was $3.1 billion in line with analysts' forecasts as well.
By comparison, the EPS for the same quarter last year was $1.66, so current EPS is a decrease of -25.90%. Revenue tanked a -19.83% on an annualized basis in the , from $38.2B to $30.7B last quarter.Ecolab performance
| Company | 1m | 3m | 6m |
|---|---|---|---|
| Ecolab ($ECL) | 8.20% | 2.80% | 11.30% |
Please read:
The viewpoints written in this post are personal and not recommendations for you to buy or sell shares. The author of this document does not know the individual situations of the reader, his or her financial statements or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Viewpoints are posted for education motives onlyEcolab summary
| Wednesday, April 21st, 2021 | |
|---|---|
| Open | $222.14 |
| Close | $223.98 |
| Day range | $221.94 - $224.36 |
| Previous close | $220.84 |
| Session gain | 1.42% |
| Average true range | $4.41 |
| 50d mov avg | $213.40 |
| 100d mov avg | $214.91 |
| 200d mov avg | $207.19 |
| Earnings date | April 27th, 2021 |