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Jim Van Meerten
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Jim Van Meerten is an advisor to Marketocracy Capital Management and writes on financial subjects here and on Barchart Portfolio Blogs. He earned a BS in Accounting and Business Administration from Berry College; a Juris Doctorate from the Woodrow Wilson School of Law; and attended... More
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  • Ecolab - ECL - Barchart Chart Of The Day 0 comments
    Jan 3, 2012 6:02 PM | about stocks: ECL
    Barchart.com's Chart of the Day - Ecolab (ECL)
    Barchart Research Team - Barchart.com - Sat Dec 31, 6:19PM CST
    Related Stocks
    ECL - Ecolab Inc.
    Sym Last Chg Pct
    ECL 58.02 +0.21 +0.36%

    The "Chart of the Day" is Ecolab (ECL), which showed up on Friday's Barchart "All Time High" list. Ecolab on Friday posted a new all-time high of $58.13 and closed up 0.31%. TrendSpotter has been Long since Nov 30 at $57.02. In recent news on the stock, Ecolab on Dec 1 closed its merger with Nalco and raised its quarterly dividend to 14% to 20 cents per share. Goldman on Dec 2 resumed coverage on Ecolab with a Neutral rating. Ecolab, with a market cap of $17 billion, is the global leader in cleaning, sanitizing, food safety and infection control products and services.

    ecl_700

    How we found the Chart of the Day:

    We found the "Chart of the Day" by scanning the Barchart "52-week Highs" page. That page shows all the stocks that have posted new 52-week highs, which is a popular sign of strong upside momentum.

    The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

    • TrendSpotter: Buy
    • Short-Term Indicators: 100% Buy
    • Medium-Term Indicators: 100% Buy
    • Long-Term Indicators: 100% Buy
    • Overall Average 100% Buy

    Barchart links for further information:

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    Chart of the Day Archive
    View Past Chart of the Day Reports
    Stocks: ECL
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