Logo image of CXX.DE

CLOROX COMPANY (CXX.DE) Stock Technical Analysis

FRA:CXX - Deutsche Boerse Ag - US1890541097 - Common Stock - Currency: EUR

146.28  +4.6 (+3.25%)

Technical Rating and Analysis

7

Taking everything into account, CXX scores 7 out of 10 in our technical rating. CXX has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: CXX has an average volume of 121 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
CXX is one of the better performing stocks in the Household Products industry, it outperforms 85% of 8 stocks in the same industry.
In the last month CXX has a been trading in the 132.46 - 149.82 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, CXX outperforms 55% of them, which is more or less in line with the market.
CXX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CXX is lagging the market slightly.
Weekly and Daily overview Charts
CLOROX COMPANY / CXX Weekly stock chart
CLOROX COMPANY / CXX Daily stock chart
Setup Rating and Analysis

3

Although CXX has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

116.03

164.44

3 important support areas can be observed.

  • A support zone ranging from 141.90 to 144.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 137.17 to 138.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @117.20 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

  • Resistance @151.02 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 160.70 to 162.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for CXX.DE is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for CXX.DE is up.
ChartMill Relative Strength55.79NEUTRALCXX.DE is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of CXX.DE is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of CXX.DE is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of CXX.DE is above a declining SMA(200).
Relative Strength Index/RSI (14)59.38NEUTRALThe RSI value for CXX.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.1NEGATIVEThe MACD value suggests CXX.DE has a negative trend, although the MACD value is rising.
Stochastics (14,3)51.1NEUTRALThe Stochastics value for CXX.DE is a neutral value.
Average True Range in percent/ATR (20)2.29MEDIUM VOLATILITYThe ATR as a percentage value for CXX.DE suggests some volalility.
Average Directional Index/ADX (14)16.45NEGATIVEThe low ADX value for CXX.DE suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
CLOROX COMPANY / CXX Daily stock chart

CLOROX COMPANY

FRA:CXX (8/18/2022, 7:00:00 PM)

146.28

+4.6 (+3.25%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryHousehold Products
Performance
% Chg3.25%
1 Week6.63%
2 Weeks3.1%
1 Month10.18%
3 Month2.47%
6 Month18.21%
12 Month-6.29%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.23
ATR(20)%2.29%
ATR Inc48.49%
Range Today0.84
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.79
Mansfield0.58
10 Day High146.5
10 Day Low134.7
20 Day High149.82
20 Day Low132.46
52 Week High164.3
52 Week Low115.6
CS1 End144.95
CR1 Start151.02
Volume & EV
DER(3)0%
DER(5)0%
Volume90
Volume Incr-42.29%
Vol(5)41
Vol(50)121.38