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Kimberly-Clark Bullish Moving Average Crossover Alert (KMB)

By Nick Russo

Today, shares of Kimberly-Clark (NYSE:KMB) have crossed bullishly above their 10-day moving average of $137.03 on a volume of 164K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Kimberly-Clark share prices have moved between a 52-week high of $140.65 and a 52-week low of $100.32 and are now trading 39% above that low price at $139.05 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.4%.

SmarTrend recommended that subscribers consider buying shares of Kimberly-Clark on February 8th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $114.38. Since that recommendation, shares of Kimberly-Clark have risen 19.5%. We continue to monitor KMB for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses kimberly-clark

Ticker(s): KMB