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Takip Edin: @UscMarketsECL Stock Forecast & Ecolab Chart Analysis
This article provides a detailed analysis of ECL-Ecolab Inc. stock including a forecast for ECL shares. It features Ecolab Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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ECL Historical Data Review
ECL Current Price Performance Analysis
The Ecolab - ECL stock traded on the American stock market, on 06-05-2024, closed at 239.19$ with a %1.56 increased compared to the previous day.
In the last month, the price of ECL changed by %4.47 increased in value, from 228.95 dollars on 05-06-2024 to 239.19 dollars, increased.
Last year, the price of ECL was 173.18 dollars on 06-06-2023, and changed by %38.12 increased in value, to 239.19 dollars increased within a year.
The price of Ecolab stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.
ECL with AI Stock Forecast & Price Target
On the ECL chart Ecolab price was recorded as 239.19 Dollars on 06/05/2024.
The artificial intelligence's forecast on ECL stock is as follows.
The artificial intelligence's prediction error margin for ECL stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Ecolab stock over the next 4 months is: 274.0 Dollars.
The commentary on ECL stock Target Price: Highest: 298.16 Dollars is predicted.
The commentary on ECL stock Target Price: Lowest: 242.764 Dollars is predicted.
Resistance Price where Ecolab stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-25-2024 | 251.893 |
| 10-18-2024 | 293.179 |
| 11-22-2024 | 298.160 |
| 02-20-2025 | 276.165 |
Support Price where Ecolab stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 07-25-2024 | 246.766 |
| 10-23-2024 | 292.807 |
| 02-10-2025 | 276.031 |
| 03-17-2025 | 273.980 |
The commentary on ECL stock: Fluctuations in the target price can be expected in the coming days.
The target price for Ecolab stock by the end of 2024 is predicted to be 280.063 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on ECL stock, and the 2024 target price predictions for Ecolab are detailed above.
The technical analysis and charts for the commentary on ECL stock are below.
ECL Support & Resistance and Trend Analysis
ECL stock you have reviewed the technical analysis support resistance charts regarding.
ECL : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the ECL review, the Ecolab support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Ecolab Support and Resistance Prices:
| ECL Support Level Price | ECL Resistance Level Price |
|---|---|
| 192.37 | 199.74 |
| 193.46 | 201.62 |
| 195.49 | 202.48 |
| 196.26 | 203.62 |
| 217.05 | 203.97 |
| 221.92 | 227.27 |
| 225.50 | 230.21 |
| 226.98 | 231.86 |
| 236.00 |
ECL Technical Analysis: SMA, RSI, MACD
Upon reviewing the ECL chart, buy and sell signals have been generated in the Ecolab technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for ECL stock are as follows:- ECL technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Ecolab gave a 'Buy' signal when the RSI was at 29.48, with the current RSI value at 61.564.
- The technical analysis for ECL indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Ecolab issued a 'Buy' signal when the MACD was at 1.956, with the current MACD value being: 1.956
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Ecolab stock: Click here to read more predictions on SoftBank Corp. stock.
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