COLGATE-PALMOLIVE CO (CL) Stock Technical Analysis
NYSE:CL - New York Stock Exchange, Inc. - US1941621039 - Common Stock - Currency: USD
Overall CL gets a technical rating of 0 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, CL is a bad performer in the overall market: 84% of all stocks are doing better.
CL is part of the Household Products industry. There are 12 other stocks in this industry, of which 81% are performing better than CL.
CL is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
CL has an average volume of 5122790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CL has a been trading in the 82.40 - 89.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CL has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
82.23
98.08
We found 1 important support area.
- A support zone ranging from 83.06 to 84.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 88.36 to 89.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 91.58 to 93.33. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 96.63 to 97.11. 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 | 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 | 16.3 | NEGATIVE | CL has a low relative strength, it was outperformed by 83.7% 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 | NEGATIVE | The current price of CL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.04 | NEUTRAL | The RSI value for CL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests CL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.58 | NEUTRAL | The Stochastics value for CL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for CL suggests low volalility. |
| Average Directional Index/ADX (14) | 26.02 | POSITIVE | The high ADX value value for CL suggests a strong 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)
84.69
-0.02 (-0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryHousehold Products
Performance
% Chg-0.02%
1 Week1.41%
2 Weeks-3.68%
1 Month-5.46%
3 Month-5.7%
6 Month-2.39%
12 Month-17.03%
2 Year15.27%
3 Year8.29%
5 Year6.85%
10 Year34.84%
15 Year129.39%
Volatility
ATR(14)1.6
ATR(20)%1.79%
ATR Inc-47.14%
Range Today0.82
ADR(20)1.5
ADR(20)%1.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.3
Mansfield-1.69
10 Day High88.02
10 Day Low82.4
20 Day High89.69
20 Day Low82.4
52 Week High109.3
52 Week Low82.4
CS1 End84.25
CR1 Start88.36
Volume & EV
DER(3)2.41%
DER(5)2.85%
Volume4.13M
Volume Incr4.39%
Vol(5)5.12M
Vol(50)5.12M