USA - NYSE:CLX - US1890541097 - Common Stock
Taking everything into account, CLX scores 0 out of 10 in our technical rating. CLX'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.
CLX 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.
103.23
We can see 2 important resistance areas.
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 CLX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CLX is down. |
| ChartMill Relative Strength | 11.28 | NEGATIVE | CLX has a low relative strength, it was outperformed by 88.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CLX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CLX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CLX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 25.94 | OVERSOLD | The low RSI value suggests CLX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.61 | NEGATIVE | The MACD value suggests CLX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.19 | OVERSOLD | The low Stochastics value suggests CLX may be oversold. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for CLX suggests some volalility. |
| Average Directional Index/ADX (14) | 45.49 | POSITIVE | The high ADX value value for CLX suggests a strong trend. |
104.27
-0.43 (-0.41%)
ChartMill assigns a technical rating of 0 / 10 to CLX.
The current trend direction for CLOROX COMPANY (CLX) is Bearish.
CLOROX COMPANY (CLX) has an RSI value of 25.9435. This indicates that the stock is currently oversold.
The MACD indicator for CLOROX COMPANY (CLX) has a value of -0.612222, indicating a bearish trend.
The buy/sell signal for CLOROX COMPANY (CLX) is sell as both the short term and long term trends are negative.