The Relative Strength (RS) Rating for Ecolab headed into a new percentile Monday, as it got a lift from 66 to 71.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique RS Rating measures market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners tend to have an RS Rating of at least 80 as they begin their biggest runs. See if Ecolab can continue to show renewed price strength and hit that benchmark.
Ecolab is working on a cup with handle with a 271.26 buy point. See if it can clear the breakout price in heavy volume.
The company showed 12% EPS growth in the latest quarterly report, while sales growth came in at -2%.
Ecolab earns the No. 1 rank among its peers in the Soap & Cleaning Preparation industry group. Church & Dwight and Clorox are also among the group's highest-rated stocks.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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