COLGATE-PALMOLIVE CO (CL) Stock Technical Analysis
NYSE:CL - New York Stock Exchange, Inc. - US1941621039 - Common Stock - Currency: USD
Taking everything into account, CL scores 4 out of 10 in our technical rating. CL has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, CL is a bad performer in the overall market: 77% of all stocks are doing better.
CL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month CL has a been trading in the 87.07 - 93.17 range, which is quite wide. It is currently trading near the high of this range.
CL has an average volume of 5410690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CL is part of the Household Products industry. There are 12 other stocks in this industry, CL did better than 63% of them.
CL has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
84.82
98.48
2 important support areas can be observed.
- A support zone ranging from 88.60 to 90.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 85.68 to 86.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 92.93 to 92.94. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 96.63 to 97.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for CL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CL is up. |
| ChartMill Relative Strength | 23.14 | NEGATIVE | CL has a low relative strength, it was outperformed by 76.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.83 | NEUTRAL | The RSI value for CL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests CL has a positive trend. |
| Stochastics (14,3) | 77.21 | NEUTRAL | The Stochastics value for CL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.52 | LOW VOLATILITY | The low ATR as a percentage value for CL suggests low volalility. |
| Average Directional Index/ADX (14) | 15.33 | NEGATIVE | The low ADX value for CL suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
92.4
+0.36 (+0.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryHousehold Products
Performance
% Chg0.39%
1 Week5.24%
2 Weeks4.25%
1 Month1.96%
3 Month0.81%
6 Month2.5%
12 Month-4.79%
2 Year21.16%
3 Year17.35%
5 Year19.69%
10 Year35.84%
15 Year133.98%
Volatility
ATR(14)1.5
ATR(20)%1.52%
ATR Inc-10.25%
Range Today1.07
ADR(20)1.4
ADR(20)%1.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.14
Mansfield-0.95
10 Day High92.43
10 Day Low87.07
20 Day High93.17
20 Day Low87.07
52 Week High109.3
52 Week Low85.32
CS1 End88.61
CR1 Start90.01
Volume & EV
DER(3)-1.02%
DER(5)-0.66%
Volume5.34M
Volume Incr24.38%
Vol(5)6.38M
Vol(50)5.41M