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Downtrend Broken Resist.Archive - 1/16/2026 - Sign In to see current Signals. |
Clorox Co. (CLX) Technical Analysis
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| Summary:
| | Weekly :    | | Daily :    Move cursor over the icon to see details.
| | It was a fourth positive week after 3 consecutive negative weeks for the Clorox Co. (CLX). During the week, the CLX gained 3.79 points, or 3.57%, and closed at 109.98 on Friday, January 16, 2026. Weekly volume was 10% above average.
Long-term trend: [See CLX long-term trend chart] A long-term downtrend had started on December 6, 2024 at 171.37 and reached 96.66 on December 23, 2025. CLX lost 74.71 points, or 43.60%, in 54 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (91.31) 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 long-term trend.
Medium-term trend: [See CLX medium-term trend chart] A medium-term downtrend had started on September 5, 2025 at 128.15 and reached 96.66 on December 23, 2025. CLX lost 31.49 points, or 24.57%, in 15 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (95.54) 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 technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish 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. During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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 December 23, 2025 at 96.66 and reached 112.20 on January 15, 2026. CLX gained -15.54 points, or -16.08%, in 23 days. The price is now at the 14.29% retracement level.
Daily Technical Indicators: [See CLX daily technical indicators chart] Daily Relative Strength Index and Williams' Percentage Range are overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index and Williams' Percentage Range or strongly overbought daily Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Use the following links to access Relative Strength Index and Williams' Percentage Range help. The daily MACD line is above its signal line since December 29, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term uptrend is strong.
Candlestick pattern: [See CLX candlestick chart pattern] On Friday the chart has formed a Bullish Doji Candlestick pattern. Use the Technical Stock Screener to see the list of stocks that had a Bullish Doji Candlestick pattern during the last week.
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