| Ecolab is a provider of water, hygiene and infection prevention solutions and services. Co.'s cleaning and sanitizing programs and products and pest elimination services support customers in the foodservice, food and beverage processing, hospitality, healthcare, government and education, retail, textile care and commercial facilities management sectors. Co.'s products and technologies are also used in water treatment, pollution control, energy conservation, refining, primary metals manufacturing, papermaking, mining and other industrial processes. Co. has three reportable segments: Global Industrial, Global Institutional and Specialty and Global Healthcare and Life Sciences. |
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. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the ECL 200 DMA and the ECL 50 DMA, we get a moving average convergence divergence indicator ("ECL MACD"). The ECL MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart).