CLX climbs to highest close since July 6th
Clorox Company (CLX) Technical Analysis Report for Jul 13, 2018 | by Techniquant Editorial Team
Moving higher for the 4th day in a row, CLX finished the week -0.72% lower at 134.46 after gaining $1.01 (0.76%) today on low volume. Today's closing price of 134.46 marks the highest close since July 6th. Closing above Thursday's high at 134.31, the market confirms its breakout through the prior session's high having traded $0.91 above it intraday.
Daily Candlestick Chart (CLX as at Jul 13, 2018):
Friday's trading range was $1.38 (1.03%), that's far below last trading month's daily average range of $2.37. Things look different on a weekly scale, where volatility is slightly below the markets average with the monthly volatility being slightly below average.
The trend is clearly bullish, showing an intact uptrend in the short, medium and long-term.
Buying might accelerate should prices move above the close-by swing high at 136.30 where further buy stops could get triggered.