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Kimberly-Clark (KMB) Approaches New Upside Target of $121.80

By David Diaz

Kimberly-Clark (NYSE:KMB) has opened bullishly above the pivot of $121.26 today and has reached the first level of resistance at $121.45. Investors may be interested in a cross of the next upside pivot targets of $121.80 and $122.35.

Kimberly-Clark share prices have moved between a 52-week high of $138.87 and the current low of $0.00 and are currently at $0.00 per share. The 200-day and 50-day moving averages have moved 0.23% higher and 0.29% lower over the past week, respectively.

There is potential upside of 0.0% for shares of Kimberly-Clark based on a current price of $0.00 and an average consensus analyst price target of $131.69. Kimberly-Clark shares should first meet resistance at the 200-day moving average (MA) of $122.17 and find additional resistance at the 50-day MA of $132.82.

SmarTrend recommended that its subscribers protect gains by selling shares of Kimberly-Clark on July 5th, 2017 by issuing a Downtrend alert when the shares were trading at $128.64. Since that call, shares of Kimberly-Clark have fallen 5.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: pivot alerts kimberly-clark

Ticker(s): KMB