CLOROX COMPANY (CLX) Stock Technical Analysis
NYSE:CLX - New York Stock Exchange, Inc. - US1890541097 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to CLX. 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
84% of all other stocks performed better in the past year than CLX.
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 117.35 - 128.79 range, which is quite wide. It is currently trading near the high of this range.
CLX has an average volume of 1843000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CLX is an average performer in the Household Products industry, it outperforms 54% of 12 stocks in the same industry.
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
116.75
166.97
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.
We can see 3 important resistance areas.
- A resistance zone ranging from 127.41 to 129.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @133.50 from a trend line in the daily time frame.
- Resistance @165.32 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 | NEUTRAL | NEUTRAL | The short term trend for CLX is neutral. |
| ChartMill Relative Strength | 16.71 | NEGATIVE | CLX has a low relative strength, it was outperformed by 83.29% 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 | 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) | 55.26 | NEUTRAL | The RSI value for CLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.11 | POSITIVE | The MACD value suggests CLX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.63 | OVERBOUGHT | The high Stochastics value suggests CLX may be overbought. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for CLX suggests low volalility. |
| Average Directional Index/ADX (14) | 33.49 | POSITIVE | The high ADX value value for CLX suggests a strong 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)
127.4
+0.86 (+0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryHousehold Products
Performance
% Chg0.68%
1 Week2.29%
2 Weeks6.93%
1 Month0.09%
3 Month-8.86%
6 Month-20.51%
12 Month-5.73%
2 Year-15.9%
3 Year-10.18%
5 Year-46.13%
10 Year13.81%
15 Year96.36%
Volatility
ATR(14)2.25
ATR(20)%1.77%
ATR Inc-11.89%
Range Today2.33
ADR(20)2.18
ADR(20)%1.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.71
Mansfield-2.11
10 Day High128.79
10 Day Low118.67
20 Day High128.79
20 Day Low117.35
52 Week High171.37
52 Week Low117.35
CS1 End119.14
CR1 Start127.41
Volume & EV
DER(3)-1.1%
DER(5)-0.06%
Volume1.64M
Volume Incr-14.38%
Vol(5)1.67M
Vol(50)1.84M