The Greedy Trader Weekly Analysis
Sign In Oct 30, 2026
Skip Navigation Links
Share
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

Archive
- 10/23/2026 -
Sign In to see current Signals.

Ecolab Inc. (ECL) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range is overboughtMACD bearish divergence
Daily :Williams' Percentage Range is overboughtStochastic signal line moved below overbought areaA Parabolic SAR indicator is above and near the price20 Day Moving Average has crossed above the 50 Day Moving Average
Move cursor over the icon to see details.

It was the negative week for the Ecolab Inc. (ECL). During the week, the ECL gave back -0.36 points, or -0.12%, and closed at 288.53 on Friday, October 23, 2026. ECL was trading at average weekly trading volume.

Long-term trend: [See ECL long-term trend chart]
A long-term uptrend had started on November 3, 2022 at 131.04 and reached 309.27 on February 24, 2026. ECL gained -178.23 points, or -136.01%, in 172 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 263.13 and resistance is at 339.92. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.

Medium-term trend: [See ECL medium-term trend chart]
A medium-term uptrend had started on October 1, 2026 at 267.46 and reached 295.95 on October 15, 2026. ECL gained -28.49 points, or -10.65%, in 2 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 287.50 and resistance is at 291.91. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a medium-term trend.

Weekly Technical Indicators: [See ECL weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Weekly MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with weekly MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.

The weekly MACD line is above its signal line since June 18, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.

Short-term trend: [See ECL short-term trend chart]
A short-term downtrend had started on October 22, 2026 at 292.58 and reached 286.57 on October 23, 2026. ECL lost 6.01 points, or 2.05%, in 1 days. The price is now at the 32.61% retracement level.

Daily Technical Indicators: [See ECL daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Use the following link to access Lane's Stochastic help.

The daily MACD line is above its signal line since October 2, 2026.

A Parabolic SAR (stop and reversal) indicator (286.28) comes close to the price (288.53). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 66.70
Williams' Percentage Range (W%R) 18.80
Overbought
Lane's Stochastic (%D-Slow) 56.45
Greed/Fear Indicator (GFI) 68.10
Moving Average Converg./Diverg. (MACD) 2.58
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 58.83
Williams' Percentage Range (W%R) 12.80
Overbought
Lane's Stochastic (%D-Slow) 51.89
Greed/Fear Indicator (GFI) 64.11
Moving Average Converg./Diverg. (MACD) 2.32 Bearish
Trading Signals
Description Value Chart
Yearly Trendline Resistance 339.92
Upper Bollinger Band 296.04
Monthly Trendline Resistance 291.91
Daily Stochastic Crossing 290.85
Price 288.53
Monthly Trendline Support 287.50
Parabolic System 286.28
Weekly Stochastic Crossing 283.02
20 Day Moving Average 282.88
50 Day Moving Average 280.42
Lower Bollinger Band 272.36
Yearly Trendline Support 263.13
Sector and Industry
Description Name Rank
Sector Materials 4
Industry Specialty Chemicals 55
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 292.58
High Date 10/22/2026
Low 286.57
Low Date 10/23/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 292.58
High Date 10/22/2026
Low 286.57
Low Date 10/23/2026
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Valid
Resistance 291.91
Support 287.50
Low 267.46
Low Date 10/01/2026
High 295.95
High Date 10/15/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 243.15
Low Date 05/19/2026
High 295.95
High Date 10/15/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 339.92
Support 263.13
Low 131.04
Low Date 11/03/2022
High 309.27
High Date 02/24/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.