|
|
Archive - 10/16/2026 - Sign In to see current Signals. |
Clorox Co. (CLX) Technical Analysis
|
 |
| Summary:
| | Weekly :    | | Daily :  Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Clorox Co. (CLX). During the week, the CLX gained 3.29 points, or 3.93%, and closed at 87.09 on Friday, October 16, 2026. Weekly volume was -8% below average. CLX is a member of Consumer Staples Sector. Consumer Staples is the second most overbought 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 CLX long-term trend chart] A long-term downtrend had started on December 6, 2024 at 171.37 and reached 79.12 on October 1, 2026. CLX lost 92.25 points, or 53.83%, in 94 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 69.55 and resistance is at 107.06. 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 long-term trend.
Medium-term trend: [See CLX medium-term trend chart] A medium-term downtrend had started on August 24, 2026 at 109.42 and reached 79.12 on October 1, 2026. CLX lost 30.30 points, or 27.69%, in 5 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (74.46) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. CLX may retest the broken resistance line. It is considered to be a support line now. 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 medium-term trend.
Weekly Technical Indicators: [See CLX weekly technical indicators chart] Weekly Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Lane's Stochastic. Weekly Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The weekly MACD line is below its signal line since September 11, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See CLX short-term trend chart] A short-term uptrend had started on October 1, 2026 at 79.12 and reached 87.67 on October 15, 2026. CLX gained -8.55 points, or -10.81%, in 14 days. The price is now at the 6.78% retracement level.
Daily Technical Indicators: [See CLX daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Use the following link to access Williams' Percentage Range help. The daily MACD line is above its signal line since October 2, 2026. This is an indication that the short-term trend is up. 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.
| |
|
|