The Clorox Company : Good timing based on weekly price data
Entry price | Target | Stop-loss | Potential |
---|
US$115.25 |
US$124.7 |
US$113.05 |
+8.2% |
---|
Clorox Co shares are sitting close to an important technical support area around 113.05 USD based on weekly price data. Against this backdrop, investors can use this good timing for new long positions.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
Strengths● The share is getting closer to its long-term support in weekly data, at USD 113.05, which offers good timing for buyers.
● Share prices are approaching a strong support area in daily data, which offers good timing for investors.
● Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
Weaknesses● The underlying tendency is negative on the weekly chart below the resistance at 125.61 USD
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