Barchart.com's Chart of the Day - Kimberly-Clark (KMB)
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.
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.
Barchart links for further information:
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Technical Analysis
Technicals Summary
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Barchart Opinions
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Company Info
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Key Statistics
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Income Statement-Quarterly
Income Statement-Annual
Balance Sheet-Current
Balance Sheet-Annual
Chart of the Day Archive
View Past Chart of the Day Reports
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
Barchart links for further information:
Quotes and Charts
Quote
Detailed Quote
Chart
Technical Analysis
Technicals Summary
Trader's Cheat Sheet™
Barchart Opinions
Barchart Opinion
Barchart Snapshot
Trading Strategies
Company Info
Company Profile
Key Statistics
Ratios
Income Statement-Quarterly
Income Statement-Annual
Balance Sheet-Current
Balance Sheet-Annual
Chart of the Day Archive
View Past Chart of the Day Reports
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