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After Yesterday's Decline of 1.21%, Kimberly-Clark Offers Investors Better Value

By Amy Schwartz

Kimberly-Clark (NYSE:KMB) traded in a range yesterday that spanned from a low of $105.50 to a high of $107.19. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $105.62 on volume of 668,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Kimberly-Clark share prices have moved between a 52-week high of $138.87 and a 52-week low of $104.58 and are now trading 1% above that low price at $105.70 per share. 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 is monitoring the recent change of momentum in Kimberly-Clark. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Kimberly-Clark in search of a potential trend change.

Keywords: rebounders kimberly-clark

Ticker(s): KMB