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Shares of Kimberly-Clark Has Fallen Below Previous 52-Week Low

By James Quinn

Kimberly-Clark (NYSE:KMB) traded at a new 52-week low today of $109.25. So far today approximately 600,000 shares have been exchanged, as compared to an average 30-day volume of 2 million shares.

There is potential upside of 11.3% for shares of Kimberly-Clark based on a current price of $109.32 and an average consensus analyst price target of $121.69. The stock should find initial resistance at its 200-day moving average (MA) of $122.17 and further resistance at its 50-day MA of $132.82.

In the past 52 weeks, Kimberly-Clark share prices have been bracketed by a current low of $109.25 and a high of $138.87 and are now at $109.32. The 200-day and 50-day moving averages have moved 0.23% higher and 0.29% lower over the past week, respectively.

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.

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