COLGATE-PALMOLIVE CO (CL) Technical Analysis
NYSE:CL • US1941621039
Current stock price
CL Technical Rating and Analysis
Taking everything into account, CL scores 1 out of 10 in our technical rating. CL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month CL has a been trading in the 83.92 - 98.82 range, which is quite wide. It is currently trading near the lows of this range.
- CL has an average volume of 6963720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the performance of all stocks over the past year, CL turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
- CL is an average performer in the Household Products industry, it outperforms 45% of 12 stocks in the same industry.
- CL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CL is lagging the market slightly.
CL Weekly and Daily overview Charts
CL Setup Rating and Analysis
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
CL Support and Resistance Analysis
74.23
3 important support areas can be observed.
- Support @79.64 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 84.30 to 86.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @96.63 from a horizontal line in the weekly time frame.
- Resistance @98.69 from a trend line 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 | NEUTRAL | NEUTRAL | The long term trend for CL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CL is down. |
| ChartMill Relative Strength | 40.83 | NEUTRAL | CL is not amongst the best or worst performers 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) | 33.09 | NEUTRAL | The RSI value for CL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.72 | NEGATIVE | The MACD value suggests CL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.24 | OVERSOLD | The low Stochastics value suggests CL may be oversold. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for CL suggests some volalility. |
| Average Directional Index/ADX (14) | 33.93 | POSITIVE | The high ADX value value for CL suggests a strong trend. |
CL Chart- and CandleStick Pattern Analysis
CL Technicals: Chart, Performance Metrics, Trend & Indicators
84.29
+0.15 (+0.18%)
COLGATE-PALMOLIVE CO / CL TA FAQ
Can you provide the ChartMill technical rating for COLGATE-PALMOLIVE CO?
ChartMill assigns a technical rating of 1 / 10 to CL.
Can you provide the trend direction for COLGATE-PALMOLIVE CO?
The current trend direction for COLGATE-PALMOLIVE CO (CL) is Bearish.
What is the RSI signal for COLGATE-PALMOLIVE CO (CL) stock?
COLGATE-PALMOLIVE CO (CL) has an RSI value of 33.0911. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for COLGATE-PALMOLIVE CO?
COLGATE-PALMOLIVE CO (CL) has a support level at 79.64 and a resistance level at 84.3. Check the full technical report for our detailed analysis of CL support and resistance levels.