Kimberly-Clark Corporation Stock Forecast

Kimberly-Clark Corporation stock price ended at 129.68€ on Tuesday, after losing 0.84%.
(Updated on Jun 25, 2024)

KMY.F Signals & Forecast

The Kimberly-Clark Corporation stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately 130.93€. On a fall, the stock will find some support from the long-term average at approximately 125.69€. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, June 19, 2024, and so far it has fallen -1.46%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Kimberly-Clark Corporation stock

Kimberly-Clark Corporation finds support from accumulated volume at 129.12€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved 0€ between high and low, or 0%. For the last week the stock has had daily average volatility of 0.578%.

Our recommended stop-loss: 124.88€ (-3.70%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 18 days ago.)

Trading Expectations (KMY.F) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect Kimberly-Clark Corporation to open at 129.68€, and during the day (based on 14 day Average True Range), to move between 128.26€ and 131.10€, which gives a possible trading interval of +/-1.42€ (+/-1.10%) up or down from last closing price. If Kimberly-Clark Corporation takes out the full calculated possible swing range there will be an estimated 2.19% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at 129.12€ (0.43%) than the resistance at 130.44€ (0.59%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Kimberly-Clark Corporation stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Kimberly-Clark Corporation stock to perform well in the short-term.

Current score: 2.389 Buy Candidate Unchanged

Predicted Opening Price for Kimberly-Clark Corporation of Wednesday, June 26, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.