|
|
Archive - 8/14/2026 - Sign In to see current Signals. |
Clorox Co. (CLX) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :   Move cursor over the icon to see details.
| | It was a second positive week after 5 consecutive negative weeks for the Clorox Co. (CLX). During the week, the CLX climbed 0.55 points, or 0.52%, and closed at 105.70 on Friday, August 14, 2026. Weekly volume was 18% above average.
Long-term trend: [See CLX long-term trend chart] A long-term downtrend had started on December 6, 2024 at 171.37 and reached 84.70 on May 5, 2026. CLX lost 86.67 points, or 50.57%, in 73 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 75.01 and resistance is at 113.47. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a long-term trend.
Medium-term trend: [See CLX medium-term trend chart] A medium-term uptrend had started on May 5, 2026 at 84.70 and reached 108.60 on August 11, 2026. CLX gained -23.90 points, or -28.22%, in 14 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (97.35) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See CLX 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. 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 26, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See CLX short-term trend chart] A short-term uptrend had started on July 23, 2026 at 93.05 and reached 108.60 on August 11, 2026. CLX gained -15.55 points, or -16.71%, in 19 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 96.12 and resistance is at 110.77. 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 short-term trend.
Daily Technical Indicators: [See CLX daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Use the following link to access Lane's Stochastic help. The daily MACD line is above its signal line since July 27, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. 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 crossed below the 50 Day Moving Average. Such crossover is considered a bearish 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.
| |
|
|