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Watch for Shares of Colgate-Palmoliv (CL) to Approach Resistance at $72.14

By David Diaz

Colgate-Palmoliv (NYSE:CL) has opened bullishly above the pivot of $71.39 today and has reached the first level of resistance at $71.87. Should the shares continue to rise, the resistance pivots of $72.14 and $72.89 will be of interest.

Colgate-Palmoliv share prices have moved between a 52-week high of $77.91 and the current low of $0.00 and are currently at $0.00 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has remained constant.

Colgate-Palmoliv (NYSE:CL) has potential upside of 0.0% based on a current price of $0.00 and analysts' consensus price target of $76.42. Colgate-Palmoliv shares should first meet resistance at the 200-day moving average (MA) of $66.65 and find additional resistance at the 50-day MA of $69.74.

SmarTrend is tracking the current trend status for Colgate-Palmoliv and will alert subscribers who have CL in their portfolio or watchlist when shares have changed trend direction.

Keywords: pivot alerts colgate-palmoliv

Ticker(s): CL