The "Chart of the Day" is Kimberly-Clark (KMB), which showed up on Monday's Barchart "All Time High" list. KMB on Monday edged to a new all-time high of $70.00 and closed +0.16%. TrendSpotter has been Long on KMB since Aug 24 at $67.23, when it was last featured in the Chart of the Day. In recent news on the stock, Barclays on Aug 23 upgraded KMB to Equal Weight from Underweight on dividend yield and growth expectations and raised the target to $69 from $60. BMO Capital on July 26 reiterated its Market Perform rating on KMB but raised its target to $71 from $62 citing cost discipline. Kimberly-Clark, with a market cap of $27 billion, is one of the world's largest consumer products companies.
How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "All Time High" list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the "All Time Highs" menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the "Percent" column title. A stock that has posted a new All-Time high is typically showing strong upside momentum.
The status of Barchart's Opinion trading systems are listed below. 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: 100% Buy
- Medium-Term Indicators: 100% Buy
- Long-Term Indicators: 100% Buy
- Overall Average 100% Buy
Barchart links for further information:
Quotes and Charts
Trader's Cheat Sheet™
Chart of the Day Archive
View Past Chart of the Day Reports