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Kimberly-Clark (KMB) Barchart Chart of the Day

|Includes: Kimberly-Clark Corporation (KMB)
Barchart.com's Chart of the Day - Kimberly-Clark (NYSE:KMB)
Barchart Research Team - Barchart.com - Wed Aug 24, 5:01PM CDT
Related Stocks
KMB - Kimberly-Clark Corp.
Sym Last Chg Pct
KMB 67.93 +0.67 +1.00%

The "Chart of the Day" is Kimberly-Clark (KMB), which showed up on Wednesday's Barchart TrendSpotter new Buy list and also on the All-Time High List. Kimberly-Clark on Wednesday edged to a new all-time high of $68.00 and closed up 1.00% at $67.93, just below that new high. A decisive rally above $68.00 would be a particularly bullish technical signal. In recent news on the stock, Barclays raised its rating on KMB to Equal Weight from Underweight due to dividend yield and growth expectations and raised its target to $69 from $60. BMO Capital on July 26 reiterated its Market Perform rating but raised its target to $71 from $62 after the company reported stronger than expected Q2 EPS of $1.18 versus the consensus of $1.15. Kimberly-Clark, with a market cap of $25 billion, is one of the world's largest consumer products companies.

kmb_700

How we found the Chart of the Day:

We found the "Chart of the Day" by scanning the Barchart "Trading Signals" page. That page provides a summary of changes in the Barchart signals. We then clicked on the TrendSpotter "Buy" category to obtain a list of all the stocks for which the Barchart TrendSpotter trading system has just turned to a buy. We then clicked on the "Today's Opinion" column header in order to sort the list with the strongest stocks on top. Further information is available at Barchart Signals Guide help page and at TrendSpotter help page.

Barchart's Opinion trading systems are all a "Buy" and Barchart's daily TrendSpotter trading system is a "Buy." Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

  • TrendSpotter: Buy
  • Short-Term Indicators: 60% Buy
  • Medium-Term Indicators: 50% Buy
  • Long-Term Indicators: 100% Sell
  • Overall Average 72% Buy


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