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Downtrend Broken Resist.Archive - 9/22/2023 - Sign In to see current Signals. |
Church & Dwight (CHD) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :     Move cursor over the icon to see details.
| | It was the negative week for the Church & Dwight (CHD). During the week, the CHD gave back -0.53 points, or -0.56%, and closed at 94.69 on Friday, September 22, 2023. Weekly volume was -38% below average. CHD is a member of Consumer Staples Sector. Consumer Staples 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 CHD long-term trend chart] A long-term uptrend had started on October 10, 2022 at 70.16 and reached 100.52 on July 6, 2023. CHD gained -30.36 points, or -43.27%, in 38 weeks. The price is now at the 19.20% retracement level.
Medium-term trend: [See CHD medium-term trend chart] A medium-term downtrend had started on July 6, 2023 at 100.52 and reached 91.38 on August 18, 2023. CHD lost 9.14 points, or 9.09%, in 6 weeks. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Weekly Technical Indicators: [See CHD weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since July 28, 2023. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See CHD short-term trend chart] A short-term downtrend had started on September 1, 2023 at 97.32 and reached 93.92 on September 6, 2023. CHD lost 3.40 points, or 3.49%, in 5 days. Price is near the Fibonacci 23.6% retracement level.
Daily Technical Indicators: [See CHD daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. 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. The distance between the Bollinger Bands is falling, and it was 3.46% on Friday. It is 54.51% lower than one year average. It indicates the period of low volatility of the stock price. 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. Price is close to the 50 Day Moving Average. 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.
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