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Kimberly-Clark Crosses Below its 10-day MA (KMB)

By James Quinn

Today, shares of Kimberly-Clark (NYSE:KMB) have fallen below their 10-day MA of $137.93 on a volume of 286K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Kimberly-Clark share prices have been bracketed by a low of $100.32 and a high of $140.62 and are now at $137.05, 37% above that low price. The 200-day and 50-day moving averages have moved 0.32% higher and 0.50% higher over the past week, respectively.

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 $114.39. Since that recommendation, shares of Kimberly-Clark have risen 20.7%. 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