Sell signal, week 3 · US stocks
Ecolab slips 2.1% as the weekly MACD drops below its Signal line after 14 weeks
Our view last week
After a week ruled by sellers, Ecolab stock claws back 3.7%: buyers regain the upper hand in the weekly bar, but on shrinking volume, and the bounce stalls below the 7-day high, in the 280.7 area. On the technical analysis, the sell signal that fired a week ago is losing steam, with money flow still negative. The confirmation week is still open, which puts Ecolab among the US stocks to watch for swing trading.
This week's summary
After 14 weeks above its Signal line, Ecolab's weekly MACD has dropped below it: that is the new fact in a week that closed down 2.1% and gave back a good part of the prior bounce. Ecolab stock printed a fresh 30-day low, in the 267 area, and the close came back above the 50-week average. On the technical analysis the sell signal picks up pace, while the ADX is still weak: a signal to verify, among the US stocks to watch for swing trading.
Sell signal in observation
·3rd week from start
·US stocks
·T2
·📅 Earnings · Oct 27
★ See Gold version →
IQS Phase
71
in tension
Signal Strength
26
decline starting to make lower lows
Sizing
MINIMUM
Ranking
#96 / 175
US stocks sell signals
Trade P&L %
-1.57%
from signal to date, no stop loss
Ecolab (ECL) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 96th among the 175 sell signals for US stocks in our ranking, with a signal strength of 26 out of 100.
Sector context
SectorMaterials
Benchmark ETFXLB
Sector regimeweak phase
Performanceweekly -1.89% · monthly -7.72%
ECL belongs to the materials sector (reference ETF XLB). The sector is classified weak phase according to our weekly reading.
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