Sign In to see current Signals.
Move cursor over the icon to see details.
|It was a second consecutive positive week for the Colgate-Palmolive (CL). During the week, the CL gained 1.03 points, or 1.43%, and closed at 73.04 on Friday, December 01, 2017. Weekly volume was 8% above average. |
CL is a member of Consumer Goods Sector. Consumer Goods is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See CL long-term trend chart]
A long-term uptrend had started on August 24, 2015 at 50.84 and reached 77.27 on June 7, 2017. CL gained -26.43 points, or -51.99%, in 93 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 70.91 and resistance is at 78.41. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a long-term trend.
Medium-term trend: [See CL medium-term trend chart]
A medium-term downtrend had started on June 7, 2017 at 77.27 and reached 69.05 on October 30, 2017. CL lost 8.22 points, or 10.64%, in 20 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 68.66 and resistance is at 75.83. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a medium-term trend.
Weekly Technical Indicators: [See CL weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since October 27, 2017. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See CL short-term trend chart]
A short-term downtrend had started on November 13, 2017 at 73.83 and reached 71.31 on November 29, 2017. CL lost 2.52 points, or 3.41%, in 16 days. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (70.97) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend.
Daily Technical Indicators: [See CL daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since November 27, 2017. The distance between MACD and the signal line is low, but getting bigger.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.