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Downtrend Broken Resist.Archive - 10/11/2024 - 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 a first positive week for the Church & Dwight (CHD). During the week, the CHD climbed 0.57 points, or 0.56%, and closed at 101.61 on Friday, October 11, 2024. Weekly volume was -24% 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 110.31 on June 18, 2024. CHD gained -40.15 points, or -57.23%, in 88 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 91.30 and resistance is at 113.57. A Rising 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 Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend. Medium-term trend: [See CHD medium-term trend chart] A medium-term downtrend had started on June 18, 2024 at 110.31 and reached 96.35 on August 2, 2024. CHD lost 13.96 points, or 12.66%, 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 June 21, 2024. 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 uptrend had started on August 2, 2024 at 96.35 and reached 106.61 on September 10, 2024. CHD gained -10.26 points, or -10.65%, in 39 days. The price is now at the 48.73% retracement level. Daily Technical Indicators: [See CHD daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since October 1, 2024. A Parabolic SAR (stop and reversal) indicator (102.13) comes close to the price (101.61). It indicates that the trend is getting weaker. 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. 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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