Kimberly-Clark stock: buy or sell
Apr 22nd, 2021
Kimberly-Clark stock brief
- Kimberly-Clark closed on Wednesday at $141.47 after barely changing a -0.65%.
- Kimberly-Clark is presenting its earnings report on Friday
- On Tuesday, it broke out above $142.07, a resistance not crossed since November 2020.
- On Tuesday broke out above its latest top at $139.75
- The price is currently higher than the upper Bollinger band, which is usually an indicator of a short-term correction
- Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue products worldwide.
Should I buy Kimberly-Clark stock?
All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. 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?
In the current situation of Kimberly-Clark there is not any eligible buy setup. This doesn't mean $KMB will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell Kimberly-Clark stock?
"To sell or not to sell", if you are holding Kimberly-Clark shares?. Like when we have to buy shares, determining when is the best time to sell is not a haphazard decision, and we must adhere our own trading style. Our trading system selects very simple setups to guide us on when is the best moment to sell our shares. Be aware that these setups are not intended for selling short $KMB stock
As a golden rule, you should not keep a trade that shows a losses greater than those expected upon purchase. The timing to sell shares should 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 profit can keep their positions
In the last 30 days, 2 analyst ratings were published for Kimberly-Clark
|Mar 25th, 2021|
|JPMorgan Chase & Co.||Neutral → Sell|
|Apr 1st, 2021|
|Deutsche Bank Aktiengesellschaft||Neutral|
Kimberly-Clark stock analysis
Since the price bottomed at $126.90 in early March, the stock surged by 11.48%.
Supports and resistances
The current resistances are:
The current support levels are:
The current range between the upper and lower bands is 4.34%, meaning that volatility is at very low levels. The tightness of the Bollinger bands is generally a indication of a sharp price movement (up or down), so we must be watchful and manage our buy or sell orders correctly
Relative strength index
The has been between the overbought and oversold zones for several weeks, and therefore, without this indicator really serving to help us make any decisions.
Kimberly-Clark stock price history
Kimberly-Clark IPO was on Mar 17th, 1980 priced at $0.00 per share1. Since then, KMB stock surged by -, with an average of 0.00% per year. If you had invested $1,000USD in Kimberly-Clark stock on Mar 1980, it would worth $inf today.
1: Adjusted price after possible price splits or reverse-splits
Price target for Kimberly-Clark stock
Nobody can predict how much a stock will be priced tomorrow. However, many stock price forecasts are posted every day by banks, financial institutions and independent analysts.
Along with buy or sell recommendations, brokerage institutions publish their price estimates based on the stock price action and the company fundamental data. Most of these predictions follow the release of new fundamental data by the company, and usually. Again, these estimates are not direct recommendations for small investors and must not be trusted blindly.
There are 2 price predictions released for Kimberly-Clark that average $134.00. That is a 5.28% than the current price ($141.47).
|Brokerage firm||Price target|
|Mar 25th, 2021|
|JPMorgan Chase & Co.||$144.00 → $123.00|
|Apr 1st, 2021|
|Deutsche Bank Aktiengesellschaft||$146.00 → $145.00|
Earnings and financials
Kimberly-Clark ($KMB) posts earnings report on Friday. Market analysts analysts forecast of $1.92 and revenues of $5.0 billion.
If you are a shareholder of Kimberly-Clark stock, you should double check your stop-loss, as financial report release day has higher than usual volatility. You can find more information about the earnings call and the earnings reports on the Investor Relations section of its website: http://www.kimberly-clark.com.
Last January, Kimberly-Clark ($KMB) had the quarterly financial event and posted the report. Kimberly-Clark topped market estimates and posted of $1.69, that is a 4.97% improvement compared to the previous forecasts of $1.61. Nevertheless, reported revenues of $4.8 billion were in line with Wall St. predictions.Compared to the same quarter one year ago, EPS was $1.71, so posted EPS means a decrease of -1.17%. Looking at revenue, figures inched a 5.52% compared to $45.8B same quarter 12 months ago.
Important note:The viewpoints contained in this post are personal and should not be followed as recommendations for you to buy or sell shares. The author of this report does not know the individual situations of the reader, his or her own financial statements or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Viewpoints are published for general educational motives only
|Wednesday, April 21st, 2021|
|Day range||$140.92 - $143.37|
|Average true range||$2.42|
|50d mov avg||$133.75|
|100d mov avg||$133.47|
|200d mov avg||$139.03|
|Earnings date||April 23rd, 2021|