• Return to Headlines

SmarTrend Watching for Potential Pullback in Shares of Kimberly-Clark After 1.69% Gain

By David Diaz

Kimberly-Clark (NYSE:KMB) traded in a range yesterday that spanned from a low of $130.13 to a high of $132.55. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $131.28 on volume of 544,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Kimberly-Clark share prices have moved between a 52-week high of $138.87 and a 52-week low of $103.04 and are now trading 28% above that low price at $132.29 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.3% while the 200-day MA has risen 0.2%.

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