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Bearish Moving Average Cross by Clorox Co (CLX)

By Amy Schwartz

Today, shares of Clorox Co (NYSE:CLX) have crossed bearishly below their 10-day moving average of $153.87 on a volume of 170K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Clorox Co share prices have moved between a 52-week high of $167.70 and a 52-week low of $113.57 and are now trading 35% above that low price at $153.35 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

SmarTrend is tracking the current trend status for Clorox Co and will alert subscribers who have CLX in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses clorox co

Ticker(s): CLX