CLOROX COMPANY (CLX) Technical Analysis
NYSE:CLX • US1890541097
Current stock price
CLX Technical Rating and Analysis
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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, CLX is a bad performer in the overall market: 87% of all stocks are doing better.
- CLX is one of the lesser performing stocks in the Household Products industry. 100% of 12 stocks in the same industry do better.
- CLX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month CLX has a been trading in the 93.39 - 108.89 range, which is quite wide. It is currently trading near the lows of this range.
- CLX has an average volume of 2276380 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.
CLX Weekly and Daily overview Charts
CLX Setup Rating and Analysis
CLX has a poor technical rating and the quality of the setup is also only medium 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
CLX Support and Resistance Analysis
93.82
2 important support areas can be observed.
- Support @96.43 from a horizontal line in the weekly time frame.
- Support @94.77 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 105.28 to 108.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @121.41 from a trend line in the weekly time frame.
- A resistance zone ranging from 126.08 to 127.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @130.81 from a horizontal line in the weekly time frame.
CLX 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 | 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 | 13.08 | NEGATIVE | CLX has a low relative strength, it was outperformed by 86.92% 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) | 37.14 | NEUTRAL | The RSI value for CLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests CLX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.77 | OVERSOLD | The low Stochastics value suggests CLX may be oversold. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for CLX suggests some volalility. |
| Average Directional Index/ADX (14) | 23.75 | NEUTRAL | The ADX value for CLX suggests a possible start of a new trend. |
CLX Chart- and CandleStick Pattern Analysis
CLX Technicals: Chart, Performance Metrics, Trend & Indicators
96.44
+1.67 (+1.76%)
CLOROX COMPANY / CLX TA FAQ
Can you provide the ChartMill technical rating for CLOROX COMPANY?
ChartMill assigns a technical rating of 0 / 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 CLOROX COMPANY (CLX) stock?
CLOROX COMPANY (CLX) has an RSI value of 37.144. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CLOROX COMPANY?
The MACD indicator for CLOROX COMPANY (CLX) has a value of -0.292102, indicating a bearish trend.
What is the buy/sell signal for CLOROX COMPANY (CLX) stock?
The buy/sell signal for CLOROX COMPANY (CLX) is sell as both the short term and long term trends are negative.