The Greedy Trader Weekly Analysis
Sign In Mar 28, 2025
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
- 3/21/2025 -
Sign In to see current Signals.

Clorox Co. (CLX) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorBroken trend resistance lineWilliams' Percentage Range is oversoldTrend support at 145.93
Daily :Williams' Percentage Range and Lane's Stochastic are oversold
Move cursor over the icon to see details.

It was the negative week for the Clorox Co. (CLX). During the week, the CLX dropped -2.40 points, or -1.63%, and closed at 144.80 on Friday, March 21, 2025. CLX was trading at average weekly trading volume.

CLX is a member of Consumer Staples Sector. Consumer Staples is the most overbought 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 August 5, 2020 at 239.87 and reached 114.69 on November 1, 2023. CLX lost 125.18 points, or 52.19%, in 169 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (108.88) 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 November 1, 2023 at 114.69 and reached 171.37 on December 6, 2024. CLX gained -56.68 points, or -49.42%, in 57 weeks. The chart has formed a Rising Wedge chart pattern. The price is near the trend support (145.93) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.

Weekly Technical Indicators: [See CLX weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold 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 below its signal line since December 20, 2024. 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 February 25, 2025 at 159.00 and reached 144.00 on March 19, 2025. CLX lost 15.00 points, or 9.43%, in 22 days. The price is now at the 5.33% retracement level.

Daily Technical Indicators: [See CLX daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. Use the following link to access Lane's Stochastic help.

The daily MACD line is below its signal line since March 5, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 22.93
Williams' Percentage Range (W%R) 90.00
Oversold
Lane's Stochastic (%D-Slow) 15.82
Oversold
Greed/Fear Indicator (GFI) 16.25
Oversold
Moving Average Converg./Diverg. (MACD) -2.00
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 27.31
Williams' Percentage Range (W%R) 94.50
Strong Oversold
Lane's Stochastic (%D-Slow) 26.28
Greed/Fear Indicator (GFI) 24.25
Moving Average Converg./Diverg. (MACD) 0.90
Trading Signals
Description Value Chart
Upper Bollinger Band 156.75
50 Day Moving Average 153.06
20 Day Moving Average 149.93
Weekly Stochastic Crossing 149.16
Parabolic System 147.79
Quarterly Trendline Support 145.93
Price 144.80
Daily Stochastic Crossing 144.51
Lower Bollinger Band 140.94
Yearly Trendline Resistance 136.03
Sector and Industry
Description Name Rank
Sector Consumer Staples 10
Industry Household Products 81
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 159.00
High Date 02/25/2025
Low 144.00
Low Date 03/19/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 171.37
High Date 12/06/2024
Low 144.00
Low Date 03/19/2025
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 174.12
Support 180.15
Low 127.60
Low Date 05/29/2024
High 171.37
High Date 12/06/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Test Support
Resistance 175.47
Support 145.93
Low 114.69
Low Date 11/01/2023
High 171.37
High Date 12/06/2024
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 136.03
Support 108.88
High 239.87
High Date 08/05/2020
Low 114.69
Low Date 11/01/2023
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.