Kimberly Clark Corp Stock Code KMB.NYS
Price broke above the cloud and closed above the cloud in the previous trading session, changing the chart outlook from bearish to bullish. Price was able to close a gap, confirming the reversal and the bullish trend. The conversion and base lines had a bullish crossover earlier, hinting at a bullish price trend. Lagging Span is above price of 26 days ago but is inside the cloud. MACD is bullish with both lines above the zero line. We think price is likely to move higher to the previous high at $140.36 in the next 2-3 weeks.
$140.35 Price Target
$131.90 Risk Management Stop
3 weeks Trade Duration