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Ecolab Inc (ECL-N) Quote - Press Release

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After Yesterday's Decline of 3.08%, Ecolab Inc Offers Investors Better Value

Comtex SmarTrend(R) - Mon Sep 16, 12:23PM CDT

Ecolab Inc (NYSE:ECL) traded in a range yesterday that spanned from a low of $191.64 to a high of $196.58. Yesterday, the shares fell 3.1%, which took the trading range below the 3-day low of $195.37 on volume of 544,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Ecolab Inc share prices have moved between a 52-week high of $209.87 and a 52-week low of $135.77 and are now trading 42% above that low price at $192.50 per share. 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.

Write to SmarTrend at cs@mysmartrend.com

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