CLOROX COMPANY (CLX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CLX - US1890541097 - Common Stock
We assign a technical rating of 2 out of 10 to CLX. Recently some decent action could be observed, but in the medium term time frame this is still negative. CLX was also a bad performer in the overall market in the last year.
The technical rating of CLX is bad and it also does not present a 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
96.46
We found 2 important support areas.
- Support @108.84 from a trend line in the daily time frame.
- A support zone ranging from 97.43 to 98.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 108.87 to 108.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @112.83 from a trend line in the daily time frame.
- Resistance @124.17 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The short term trend for CLX is up. |
| ChartMill Relative Strength | 14.2 | NEGATIVE | CLX has a low relative strength, it was outperformed by 85.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CLX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CLX is above 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) | 69.29 | NEUTRAL | The RSI value for CLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.26 | POSITIVE | The MACD value suggests CLX has a positive trend. |
| Stochastics (14,3) | 92.97 | OVERBOUGHT | The high Stochastics value suggests CLX may be overbought. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for CLX suggests some volalility. |
| Average Directional Index/ADX (14) | 29.75 | POSITIVE | The high ADX value value for CLX suggests a strong trend. |
108.86
+1.88 (+1.76%)
CLOROX COMPANY / CLX FAQ
Can you provide the ChartMill technical rating for CLOROX COMPANY?
ChartMill assigns a technical rating of 2 / 10 to CLX.
What is the trend direction for CLX stock?
The current trend direction for CLOROX COMPANY (CLX) is Bearish.
What is the RSI signal for CLX stock?
CLOROX COMPANY (CLX) has an RSI value of 69.2874. This indicates that the stock is currently neutral.
What is the buy/sell signal for CLOROX COMPANY (CLX) stock?
The buy/sell signal for CLOROX COMPANY (CLX) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for CLOROX COMPANY (CLX) stock?
CLOROX COMPANY (CLX) has a support level at 108.84 and a resistance level at 108.87. Check the full technical report for our detailed analysis of CLX support and resistance levels.