|
|
Advanced TA SearchArchive
- 5/10/2024 -
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 first positive week for the Clorox Co. (CLX). During the week, the CLX gained 5.12 points, or 3.70%, and closed at 143.35 on Friday, May 10, 2024. It was the best weekly gain since February 2, 2024. Weekly volume was -14% below average.
 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 trend support level is at 112.49 and resistance is at 155.24. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern 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 158.89 on February 2, 2024. CLX gained -44.20 points, or -38.54%, in 13 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (169.39) is broken. A broken support is considered to be a long-term bearish 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 support in a medium-term trend.
 Weekly Technical Indicators: [See CLX weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since April 12, 2024. The distance between MACD and the signal line is low, but getting bigger. 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 April 29, 2024 at 148.97 and reached 136.65 on May 1, 2024. CLX lost 12.32 points, or 8.27%, in 2 days. The price is now at the 54.38% retracement level.
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.
The price is close to the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
| |
|
|