|
|
Downtrend Broken Resist.Archive
- 11/8/2024 -
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 consecutive positive week for the Clorox Co. (CLX). During the week, the CLX gained 2.10 points, or 1.29%, and closed at 165.20 on Friday, November 8, 2024. Weekly volume was 8% above average.
CLX is a member of Consumer Staples Sector. Consumer Staples is the most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See CLX long-term trend chart]
A long-term downtrend had started on May 3, 2023 at 178.21 and reached 114.69 on November 1, 2023. CLX lost 63.52 points, or 35.64%, in 26 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (137.89) is broken. A broken support is considered to be a long-term bullish signal. 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 long-term trend.
 Medium-term trend: [See CLX medium-term trend chart]
A medium-term uptrend had started on May 29, 2024 at 127.60 and reached 169.09 on September 16, 2024. CLX gained -41.49 points, or -32.52%, in 15 weeks. The price is now at the 9.38% retracement level.
 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 August 2, 2024. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
 Short-term trend: [See CLX short-term trend chart]
A short-term downtrend had started on September 16, 2024 at 169.09 and reached 155.30 on October 30, 2024. CLX lost 13.79 points, or 8.16%, in 44 days. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (154.35) is broken. A broken support is considered to be a long-term bullish signal. 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 short-term trend.
 Daily Technical Indicators: [See CLX daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
| |
|
|