The Greedy Trader Weekly Analysis
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Monthly Price vs. Trendline:Testing Resistance
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Trend Line Resistance Trend Line Support Resistance.

Trendline support resistance provides an excellent buy/sell signals in trending market. On an uptrend, buy around the support trend line level and place a stop order below the trend line support. Take profit on the trend line resistance level. Reverse the technique in a downtrend. Short around the resistance trend line level and place a stop order above the trend line resistance.

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- 4/26/2024 -
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Kimberly-Clark (KMB) Technical Analysis

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Summary:
Weekly :Broken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range is overboughtBroken trend resistance line
Daily :Broken uptrend resistance line - uptrend exhaustionLane's Stochastic is overboughtDaily  MACD line has moved above its signal lineThe period of high volatility of the stock price
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It was a second consecutive positive week for the Kimberly-Clark (KMB). During the week, the KMB gained 8.41 points, or 6.63%, and closed at 135.24 on Friday, April 26, 2024. Weekly volume was 90% above average.

Long-term trend: [See KMB long-term trend chart]
A long-term downtrend had started on April 25, 2023 at 147.87 and reached 116.32 on October 6, 2023. KMB lost 31.55 points, or 21.34%, in 23 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (118.43) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. KMB may retest the broken resistance line. It is considered to be a support line now. 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 KMB medium-term trend chart]
A medium-term uptrend had started on October 6, 2023 at 116.32 and reached 139.75 on April 23, 2024. KMB gained -23.43 points, or -20.14%, in 28 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (119.17) 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 KMB 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 December 1, 2023. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.

Short-term trend: [See KMB short-term trend chart]
A short-term uptrend had started on February 14, 2024 at 117.67 and reached 139.75 on April 23, 2024. KMB gained -22.08 points, or -18.76%, in 69 days. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (126.84) 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 short-term trend.

Daily Technical Indicators: [See KMB daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. Use the following link to access Lane's Stochastic help.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

The distance between the Bollinger Bands is 110.68% higher then one year average. It indicates the period of high volatility of the stock price. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 69.71
Williams' Percentage Range (W%R) 22.00
Lane's Stochastic (%D-Slow) 82.19
Overbought
Greed/Fear Indicator (GFI) 76.64
Moving Average Converg./Diverg. (MACD) 1.49
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 66.90
Williams' Percentage Range (W%R) 15.80
Overbought
Lane's Stochastic (%D-Slow) 75.56
Greed/Fear Indicator (GFI) 73.97
Moving Average Converg./Diverg. (MACD) -0.41
Trading Signals
Description Value Chart
Upper Bollinger Band 137.63
Daily Stochastic Crossing 136.43
Price 135.24
Weekly Stochastic Crossing 134.94
Weekly Trendline Resistance 133.73
Parabolic System 131.20
20 Day Moving Average 128.50
Weekly Trendline Support 126.84
Monthly Trendline Resistance 126.83
50 Day Moving Average 125.65
Lower Bollinger Band 121.15
Monthly Trendline Support 119.17
Quarterly Trendline Support 118.43
Quarterly Trendline Resistance 117.60
Sector and Industry
Description Name Rank
Sector Consumer Staples 7
Industry Household Products 90
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 123.84
Low Date 04/12/2024
High 139.75
High Date 04/23/2024
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 133.73
Support 126.84
Low 117.67
Low Date 02/14/2024
High 139.75
High Date 04/23/2024
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 126.83
Support 119.17
Low 116.32
Low Date 10/06/2023
High 139.75
High Date 04/23/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 117.60
Support 118.43
High 147.87
High Date 04/25/2023
Low 116.32
Low Date 10/06/2023
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 160.16
High Date 08/12/2020
Low 108.74
Low Date 10/10/2022
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.