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Kimberly-Clark Looks to Continue to Trade Above its Annual-High Share Price Today

By Amy Schwartz

Shares of Kimberly-Clark (NYSE:KMB) traded today at $130.52, breaking its 52-week high. So far today approximately 586,000 shares have been exchanged, as compared to an average 30-day volume of 1.3 million shares.

Over the past year, Kimberly-Clark has traded in a range of $97.10 to $130.52 and is now at $130.47, 34% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.7%.

Kimberly-Clark Corporation is a global health and hygiene company that manufactures and provides consumer products. The Company's products include diapers, tissues, paper towels, incontinence care products, surgical gowns, and disposable face masks. Kimberly-Clark's products are sold in countries around the world.

Kimberly-Clark (NYSE:KMB) is currently priced 16.0% above its average consensus analyst price target of $109.57. The stock should find initial support at its 50-day moving average (MA) of $119.62 and further support at its 200-day MA of $113.77.

SmarTrend is tracking the current trend status for Kimberly-Clark and will alert subscribers who have KMB in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows kimberly-clark

Ticker(s): KMB