Kimberly-Clark Corporation Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Kimberly-Clark Corporation stock price ended at 129.94€ on Friday, after losing 0.108%.
(Updated on Jun 28, 2024)
The Kimberly-Clark Corporation stock price fell by -0.108% on the last day (Friday, 28th Jun 2024) from 130.08€ to 129.94€. During the last trading day the stock fluctuated 0% from a day low at 129.94€ to a day high of 129.94€. The price has been going up and down for this period, and there has been a -0.38% loss for the last 2 weeks.
The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 9.40% during the next 3 months and, with a 90% probability hold a price between 134.67€ and 149.43€ at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
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 130.35€. On a fall, the stock will find some support from the long-term average at approximately 125.98€. 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 -1.26%. 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.
In general the stock tends to have controlled movements and therefore the general risk is considered low. However, be aware of low or falling volume and make sure to keep an eye on the stock. 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 0.201%.
Our recommended stop-loss: 125.28€ (-3.59%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 21 days ago.)
Trading Expectations (KMY.F) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Kimberly-Clark Corporation to open at 129.94€, and during the day (based on 14 day Average True Range), to move between 128.70€ and 131.18€, which gives a possible trading interval of +/-1.24€ (+/-0.96%) up or down from last closing price. If Kimberly-Clark Corporation takes out the full calculated possible swing range there will be an estimated 1.91% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 130.08€ (0.11%) than the support at 129.12€ (0.63%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
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: 1.416 Buy Candidate Unchanged
Predicted Opening Price for Kimberly-Clark Corporation of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 129.94€ ( 0%) | 129.94€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for KMY.F
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 129.94 | - |
| R2 | 129.94 | - |
| R1 | 129.94 | - |
| Price | 129.94 | |
| S1 | 129.94 | - |
| S2 | 129.94 | - |
| S3 | 129.94 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 130.72 | 0.600% |
| R2 | 130.44 | 0.385% |
| R1 | 130.08 | 0.108% |
| Price | 129.94 | |
| S1 | 129.12 | -0.631% |
| S2 | 127.88 | -1.59% |
| S3 | 126.54 | -2.62% |
KMY Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 07, 2024 | Jun 07, 2024 | Jul 02, 2024 | 1.13€ | 0% |
| 2 | Mar 07, 2024 | Mar 07, 2024 | Apr 02, 2024 | 1.12€ | 0% |
| 3 | Dec 07, 2023 | Dec 07, 2023 | Jan 03, 2024 | 1.18€ | 0% |
| 4 | Sep 07, 2023 | Sep 07, 2023 | Sep 07, 2023 | 1.18€ | 0% |
| 5 | Jun 08, 2023 | Jun 08, 2023 | Jun 08, 2023 | 1.18€ | 0% |
FAQ
Click here for our free guide on how to buy Kimberly-Clark Corporation Stock.
