COLGATE-PALMOLIVE CO (CL) Technical Analysis
NYSE:CL • US1941621039
Current stock price
CL Technical Rating and Analysis
Taking everything into account, CL scores 0 out of 10 in our technical rating. CL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, CL is a bad performer in the overall market: 78% of all stocks are doing better.
- CL is part of the Household Products industry. There are 12 other stocks in this industry, of which 63% are performing better than CL.
- CL has an average volume of 6128330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CL is lagging the market.
- In the last month CL has a been trading in a tight range between 81.79 and 86.67.
CL Weekly and Daily overview Charts
CL Setup Rating and Analysis
Although the technical rating is bad, CL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 85.73. Right above this resistance zone may be a good entry point.
More info and screens
CL Support and Resistance Analysis
74.23
4 important support areas can be observed.
- A support zone ranging from 83.46 to 83.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @80.58 from a trend line in the daily time frame.
- A support zone ranging from 76.98 to 77.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 74.98 to 74.98. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 85.73 to 86.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 96.63 to 98.12. This zone is formed by a combination of multiple trend lines in the weekly time frame.
CL Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CL is down. |
| ChartMill Relative Strength | 22.32 | NEGATIVE | CL has a low relative strength, it was outperformed by 77.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.19 | NEUTRAL | The RSI value for CL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests CL has a positive trend. |
| Stochastics (14,3) | 51.84 | NEUTRAL | The Stochastics value for CL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for CL suggests some volalility. |
| Average Directional Index/ADX (14) | 20.76 | NEUTRAL | The ADX value for CL suggests a possible start of a new trend. |
CL Chart- and CandleStick Pattern Analysis
CL Technicals: Chart, Performance Metrics, Trend & Indicators
84.17
-0.48 (-0.57%)
COLGATE-PALMOLIVE CO / CL TA FAQ
Can you provide the ChartMill technical rating for COLGATE-PALMOLIVE CO?
ChartMill assigns a technical rating of 0 / 10 to CL.
What is the current trend direction of COLGATE-PALMOLIVE CO (CL) stock?
The current trend direction for COLGATE-PALMOLIVE CO (CL) is Bearish.
What is the RSI signal for CL stock?
COLGATE-PALMOLIVE CO (CL) has an RSI value of 46.1874. This indicates that the stock is currently neutral.
What is the short term momentum for CL stock?
The short term momentum for COLGATE-PALMOLIVE CO (CL) is negative.
What is the buy/sell signal for CL stock?
The buy/sell signal for COLGATE-PALMOLIVE CO (CL) is sell as both the short term and long term trends are negative.