CLOROX COMPANY (CLX) Stock Technical Analysis
NYSE:CLX - New York Stock Exchange, Inc. - US1890541097 - Common Stock - Currency: USD
Overall CLX gets a technical rating of 0 out of 10. CLX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
84% of all other stocks performed better in the past year than CLX.
CLX is one of the lesser performing stocks in the Household Products industry. 63% of 12 stocks in the same industry do better.
CLX 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.
In the last month CLX has a been trading in the 121.35 - 132.03 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
CLX has an average volume of 1861300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, CLX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
116.75
133.20
We found 1 important support area.
- A support zone ranging from 117.93 to 119.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 126.16 to 131.88. This zone is formed by a combination of multiple trend lines and important moving averages 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 CLX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CLX is down. |
| ChartMill Relative Strength | 16.97 | NEGATIVE | CLX has a low relative strength, it was outperformed by 83.03% 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) | 46.73 | NEUTRAL | The RSI value for CLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.46 | NEGATIVE | The MACD value suggests CLX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.87 | NEUTRAL | The Stochastics value for CLX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for CLX suggests some volalility. |
| Average Directional Index/ADX (14) | 22.86 | NEUTRAL | The ADX value for CLX suggests a possible start of a new 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)
125.37
+1.18 (+0.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryHousehold Products
Performance
% Chg0.95%
1 Week-1.31%
2 Weeks-3.4%
1 Month-0.47%
3 Month-6.97%
6 Month-15.53%
12 Month-12.35%
2 Year-19.87%
3 Year-13.14%
5 Year-43.91%
10 Year12.77%
15 Year93.41%
Volatility
ATR(14)2.7
ATR(20)%2.16%
ATR Inc-7.18%
Range Today2.62
ADR(20)2.67
ADR(20)%2.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.97
Mansfield-2.17
10 Day High132.03
10 Day Low121.35
20 Day High132.03
20 Day Low121.35
52 Week High171.37
52 Week Low117.35
CS1 End119.14
CR1 Start126.16
Volume & EV
DER(3)-0.47%
DER(5)-1.44%
Volume1.66M
Volume Incr67.41%
Vol(5)2.75M
Vol(50)1.86M