Tuesday, January 29, 2013

Clorox - CLX - Barchart Chart of the Day


Barchart.com's Chart of the Day - Clorox Company (CLX)
The "Chart of the Day" is Clorox Company (CLX), which showed up on Monday's Barchart "All-Time High" list. Clorox posted an all-time Monday at $77.95 and closed up +0.39%. TrendSpotter has been long since Jan 14 at $76.60. In recent news on the stock, Credit Suisse on Monday initiated an "Outperform" on Clorox with a price target of $87. Clorox Company, with a market cap of $10.116 billion, is a global company that produces and markets non-durable consumer products sold primarily through grocery and other retail stores. Clorox manufactures products in more than two dozen countries and markets them in more than 100 countries, including its namesake bleach and other cleaning products; Kingsford® charcoal; Hidden Valley® and K C Masterpiece® dressings and sauces; Brita® water filtration products; Glad® bags, wraps and containers; and Burt's Bees® natural personal care products.
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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: 80% Buy
  • Medium-Term Indicators: 100% Buy
  • Long-Term Indicators: 100% Buy
  • Overall Average 96% Buy


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1 comment:

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