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After Yesterday's Rally of 1.21% Shares Could Potentially Pullback

By Shiri Gupta

Kimberly-Clark (NYSE:KMB) traded in a range yesterday that spanned from a low of $127.94 to a high of $129.63. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $128.15 on volume of 608,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

In the past 52 weeks, shares of Kimberly-Clark have traded between a low of $103.04 and a high of $138.87 and are now at $129.24, which is 25% above that low price. The 200-day and 50-day moving averages have moved 0.23% higher and 0.29% lower over the past week, respectively.

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: rebounders kimberly-clark

Ticker(s): KMB