Kimberly-Clark Crosses Above its 10-day MA (KMB)
Kimberly-Clark (NYSE:KMB) crossed over its 10-day moving average of $125.37 on a volume of 207K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
In the past 52 weeks, shares of Kimberly-Clark have traded between a low of $103.04 and a high of $138.87 and are now at $126.31, which is 23% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 0.3%.
SmarTrend recommended that its subscribers protect gains by selling shares of Kimberly-Clark on July 28th, 2016 by issuing a Downtrend alert when the shares were trading at $130.25. Since that call, shares of Kimberly-Clark have fallen 3.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: moving crosses kimberly-clark