RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CLX
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Clorox Company (The) stock upgraded from Sell Candidate to Hold/Accumulate after Wednesday trading session.
(Updated on Mar 27, 2024)

Hold candidate since Mar 27, 2024 PDF

The Clorox Company (The) stock price gained 1.87% on the last trading day (Wednesday, 27th Mar 2024), rising from $149.93 to $152.74. During the last trading day the stock fluctuated 1.11% from a day low at $151.23 to a day high of $152.91. The price has fallen in 7 of the last 10 days and is down by -2.46% for this period. Volume fell on the last day by -98 thousand shares and in total, 916 thousand shares were bought and sold for approximately $139.93 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a 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 8.51% during the next 3 months and, with a 90% probability hold a price between $161.11 and $172.83 at the end of this 3-month period.

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CLX Signals & Forecast

The Clorox Company (The) stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $150.81 and $152.41. A breakdown below any of these levels will issue sell signals. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. 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 Tuesday, March 12, 2024, and so far it has fallen -2.73%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Clorox Company (The) stock

Clorox Company (The) finds support from accumulated volume at $150.75 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 very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.68 between high and low, or 1.11%. For the last week the stock has had daily average volatility of 2.10%.

Our recommended stop-loss: $146.58 (-4.03%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 11 days ago.)

Trading Expectations (CLX) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Clorox Company (The) to open at $152.29, and during the day (based on 14 day Average True Range), to move between $149.78 and $155.70, which gives a possible trading interval of +/-$2.96 (+/-1.94%) up or down from last closing price. If Clorox Company (The) takes out the full calculated possible swing range there will be an estimated 3.88% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $153.31 (0.37%) than the support at $150.75 (1.30%), 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 Clorox Company (The) stock A Buy?

Clorox Company (The) holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.602 Hold/Accumulate Upgraded

Predicted Opening Price for Clorox Company (The) of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$152.29 ( 0.292%) $152.74

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

Trading levels for CLX

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 153.97 0.81 %
R2 153.33 0.387 %
R1 152.94 0.128 %
Current price: 152.74
Support S1 151.65 -0.713 %
S2 151.26 -0.97 %
S3 150.61 -1.39 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 156.36 2.37 %
R2 154.42 1.10 %
R1 153.31 0.373 %
Current price 152.74
Support S1 150.75 -1.30%
S2 147.66 -3.33%
S3 139.73 -8.52%

CLX Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 27, 2024 Apr 24, 2024 May 10, 2024 $1.20 0.786%
2 Feb 28, 2024 Apr 23, 2024 May 10, 2024 $1.20 0.786%
3 Nov 14, 2023 Jan 23, 2024 Feb 09, 2024 $1.20 0.783%
4 Sep 20, 2023 Oct 24, 2023 Nov 09, 2023 $1.20 0.91%
5 Jul 27, 2023 Aug 08, 2023 Aug 25, 2023 $1.20 0.777%

FAQ

What is the symbol for Clorox Company (The) Stock and on which exchange is it traded?
The symbol for Clorox Company (The) is CLX and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Clorox Company (The) Stock?
Clorox Company (The) holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy Clorox Company (The) Stock?
Clorox Company (The) Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Clorox Company (The) Stock.

What's the current price of Clorox Company (The) Stock?
As of the end of day on the 2024-03-27, the price of an Clorox Company (The) (CLX) share was $152.74.

What is the 52-week high and low for Clorox Company (The) Stock?
The 52-week high for Clorox Company (The) Stock is $178.21 and the 52-week low is $114.69.

What is the market capitalization of Clorox Company (The) Stock?
As of the 2024-03-27, the market capitalization of Clorox Company (The) is 18.956B.

When is the next earnings date for Clorox Company (The)?
The upcoming earnings date for Clorox Company (The) is May 07, 2024.
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About Clorox Company (The)

Clorox Company (The) The Clorox Company manufactures and markets consumer and professional products worldwide. It operates through four segments: Health and Wellness, Household, Lifestyle, and International. The Health and Wellness segment offers cleaning products, such as laundry additives and home care products primarily under the Clorox, Clorox2, Scentiva, Pine-Sol, Liquid-Plumr, Tilex, and Formula 409 brand names; professional cleaning and disinfecting products u... CLX Profile

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