Kimberly-Clark stock: buy or sell
Jul 29th, 2021
Kimberly-Clark stock brief
- Kimberly-Clark closed on Wednesday at $134.89 after just moving a -1.00%.
- Kimberly-Clark made public its financial report last Friday
- Price is drawing a scaled uptrend since last April with higher tops and higher bottoms. Up to date, price marked a 5.78% profit since the beginning of this rally
- Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue products worldwide.
Should I buy Kimberly-Clark stock?
Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $KMB stock a buy?
Currently, Kimberly-Clark stock matches one trading strategy:
Uptrend buy setup
Kimberly-Clark stock continues to trend higher since last April and has marked a gorgeous 5.78% gain. Price marked a pull back in this uptrend at $129.64 last Friday, and since then it bounced off a 4.05%. Breaking out above $140.80 - it's last top - will be a good entry point if Kimberly-Clark resumes the uptrend. If you decide to enter this trade, the suggested stop loss is at $126.72
|Buy setup||Buy point||Stop loss||Risk|
|Uptrend buy setup||$140.80||$126.72||10.00%|
Should I sell Kimberly-Clark stock?
"To sell or not to sell", if you are holding Kimberly-Clark shares?. Trading strategies help us to avoid rash decisions based on our personal emotions or the buzz that surrounds the market. We like very simple setups to guide us on when is the best moment to sell a stock. Be aware that these setups should not be used for selling short $KMB stock
A guiding principle is that you must never mantain a trade that leads to greater losses than those expected at the time of purchase. The moment to sell your stock must always be dictated by the stop-loss (automatic or manual)
Is it time to sell Kimberly-Clark stock?
In the current situation of Kimberly-Clark there is not any eligible sell setup, so Kimberly-Clark stock holders with operations in green can keep their positions
We don't have any rating published in the previous 30 days for Kimberly-Clark
Kimberly-Clark stock analysis
Kimberly-Clark shares started an uptrend last April, and gained an amazing 5.78%. During this uptrend, the price offered some entry points on the breakouts. Latest low was last Friday, when price bounced at $129.64. Now, it swings in a consolidation between its last top ($140.80) and its last bottom ($129.64)
Supports and resistances
The current resistance levels are:
The current supports are:
The evolution of the Bollinger Bands on the chart proves that they are pretty close to each other (4.16%), which clearly means that price volatility is low. The compression of the Bollinger bands is often a signal of a sharp price movement (up or down), so we must be careful and manage our buy or sell orders accordingly
Relative strength index
The RSI dropped below the overbought level of 70 on July 20 after just crossing to the overbough zone for just one day (weak signal). The RSI reading on Wednesday was 51.15. Kimberly-Clark shares collapsed a 2.98% since then
Kimberly-Clark stock price history
Kimberly-Clark started trading on Mar 17th, 1980 at $0.00 per share1. Since then, KMB stock surged by -, with an average of 0.00% per year. If you had invested thousand dollars in Kimberly-Clark stock at that time, it would be valued $inf today.
1: Adjusted price after possible price splits or reverse-splits
Price target for Kimberly-Clark stock
Nobody can predict how much a share will be priced tomorrow. Banks and financial organisations post their analysis predicting how a particular stock will performance in the future.
Along with buy or sell recommendations, brokerage institutions publish their price forecasts based on the stock price action and the company fundamental data. Most of these predictions follow the publication of new financial data by the company, and many times. If you are a small investor you shouldn't trade based on these price targets.
In the previous month we couldn't find any price target published for Kimberly-Clark stock.
Earnings and financials
Kimberly-Clark Corporation ($KMB) reported earnings of $1.47 per share last Friday, missing the Wall St consensus estimate of $1.74 per share. This quarterly report represents an earnings surprise of -15.52%. On the contrary, the company said revenue was $4.7 billion consistent with analysts' forecasts.Compared to the same quarter last year, EPS was $2.20, so posted EPS is a reduction of -33.18%. Looking at turnover, figures slightly moved compared to $46.1B same quarter a year ago.
Kimberly-Clark ($KMB) releases Q3 earnings report next October. Estimated for this quarter is $1.85, compared to $1.47 that was reported for Q2.
Kimberly-Clark is classified inside the Household & Personal Products industry, where it has industry peers.
Kimberly-Clark main competitors are:
|Company||Market cap||Rating||Bullish ratings1|
|Johnson & Johnson ($JNJ)||$420.2B||Neutral||0|
|Procter & Gamble ($PG)||$316.2B||Neutral||0|
|Edgewell Personal Care (EPC)||$2.1B||Neutral||0|
1 In the last 30 days.
To better understand Kimberly-Clark performance you must compare its gains with other related stocks in same sector or industry.. For Kimberly-Clark, the benchmark is made against Johnson & Johnson, Procter & Gamble, Colgate-Palmolive, Clorox and Edgewell Personal Care.
|Johnson & Johnson ($JNJ)||5.00%||7.00%||3.60%|
|Procter & Gamble ($PG)||3.00%||6.30%||9.90%|
|Edgewell Personal Care (EPC)||-6.10%||8.30%||15.20%|
Important note:The comments written in this post are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this document does not have an understanding of the specific circumstances of the reader, his or her finances or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Thoughts are published for informational motives only
|Wednesday, July 28th, 2021|
|Day range||$134.12 - $136.25|
|Average true range||$2.95|
|50d mov avg||$132.40|
|100d mov avg||$133.31|
|200d mov avg||$133.22|
|Earnings date||October 25th, 2021|