Shares of Clorox Has Risen Above Previous 52-Week High
Clorox (NYSE:CLX) traded at a new 52-week high today of $134.49. This new high was reached on below average trading volume as 56,000 shares traded hands, while the average 30-day volume is approximately 1.1 million shares.
In the past 52 weeks, Clorox share prices have been bracketed by a low of $103.77 and a high of $134.49 and are now at $134.08, 29% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has remained constant.
Clorox (NYSE:CLX) is currently priced 9.1% above its average consensus analyst price target of $121.83. The stock should discover initial support at its 50-day moving average (MA) of $126.60 and subsequent support at its 200-day MA of $122.64.
The Clorox Company produces and markets non-durable consumer products sold primarily through grocery and other retail stores. The Company's principal products include household cleaning and bleach products, charcoal, cat litter, automotive care products, dressings, and trash bags. Clorox markets its products in the United States and other countries around the world.
SmarTrend is tracking the current trend status for Clorox and will alert subscribers who have CLX in their portfolio or watchlist when shares have changed trend direction.
Keywords: 52 week high/lows Clorox