CLOROX COMPANY (CLX) Stock Technical Analysis
USA - NYSE:CLX - US1890541097 - Common Stock
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 technical rating of CLX is bad and it also does not present a quality setup 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
106.29
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 116.96 to 120.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 124.17 to 126.08. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The short term trend for CLX is down. |
| ChartMill Relative Strength | 11.97 | NEGATIVE | CLX has a low relative strength, it was outperformed by 88.03% 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) | 29.51 | OVERSOLD | The low RSI value suggests CLX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.77 | NEGATIVE | The MACD value suggests CLX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.96 | OVERSOLD | The low Stochastics value suggests CLX may be oversold. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for CLX suggests some volalility. |
| Average Directional Index/ADX (14) | 37.29 | POSITIVE | The high ADX value value for CLX suggests a strong trend. |
107.36
+1.08 (+1.02%)
CLOROX COMPANY / CLX FAQ
Can you provide the ChartMill technical rating for CLOROX COMPANY?
ChartMill assigns a technical rating of 0 / 10 to CLX.
What is the current trend direction of CLOROX COMPANY (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 29.5128. This indicates that the stock is currently oversold.
Can you provide the MACD signal for CLOROX COMPANY?
The MACD indicator for CLOROX COMPANY (CLX) has a value of -0.765845, indicating a bearish trend.
Can you provide the buy/sell signal for CLOROX COMPANY?
The buy/sell signal for CLOROX COMPANY (CLX) is sell as both the short term and long term trends are negative.