Wednesday, September 27, 2017 11:32:40 AM
This morning, the leading consumer staples stocks are selling off sharply. Stocks such as Kimberly Clark Corp(NYSE:KMB), Procter & Gamble Co(NYSE:PG), Clorox Co(NYSE:CLX), and Colgate-Palmolive Company(NYSE:CL) remain under pressure since the opening bell. It should be noted that all of these stocks have struggled since late June. Many of these stocks are now nearing important support levels for a trade.
Kimberly Clark Corp(NYSE:KMB) is a leading consumer staple stock that is trading lower today. The stock has been selling off since June 26, 2017 when it traded as high as $134.29 a share. Since that pivot high the stock has plunged to $116.63 a share. Traders and investors should now watch the $115.00 level for major support. This is where the stock broke out in January 2017. Often, when a stock retests a break-out level it will serve as major support and be defended by the institutional money.
Nicholas Santiago
InTheMoneyStocks
Recent KMB News
- Depend® Brand Taps Emmitt Smith for Annual Stand Strong for Men's Health Campaign Benefitting the Prostate Cancer Foundation • PR Newswire (US) • 09/19/2024 01:00:00 PM
- Huggies® and Walgreens® Encourage Parents to Join Them in Supporting Families Struggling with Diaper Need • PR Newswire (US) • 09/13/2024 06:10:00 PM
- Form 25-NSE - Notification filed by national security exchange to report the removal from listing and registration of matured, redeemed or retired securities • Edgar (US Regulatory) • 09/09/2024 04:53:18 PM
- Kimberly-Clark to Webcast its Presentation at Barclays 17th Annual Global Consumer Staples Conference • PR Newswire (US) • 08/21/2024 12:30:00 PM
- Kleenex® and Jenna Bush Hager Celebrate 100 Years of Facing Life's Moments by Giving Back to Schools in Need • PR Newswire (US) • 08/14/2024 05:18:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/01/2024 03:30:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/01/2024 03:30:54 PM
- Kimberly-Clark Declares Quarterly Dividend • PR Newswire (US) • 08/01/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/30/2024 06:26:38 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/30/2024 11:13:39 AM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 07/30/2024 11:10:32 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 07/29/2024 07:22:51 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/26/2024 07:54:24 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 07/26/2024 07:07:21 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/23/2024 01:24:27 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/23/2024 10:32:25 AM
- Kimberly-Clark Announces Second Quarter 2024 Results and Raises 2024 Outlook • PR Newswire (US) • 07/23/2024 10:30:00 AM
- Kimberly-Clark Names Craig Slavtcheff Chief Research and Development Officer • PR Newswire (US) • 07/16/2024 12:00:00 PM
- Kimberly-Clark to Announce Second Quarter 2024 Financial Results on July 23, 2024 • PR Newswire (US) • 07/11/2024 11:00:00 AM
- New Kimtech™ Polaris™ Nitrile Exam Gloves Improve Protection for Lab Workers in Canada • PR Newswire (Canada) • 06/26/2024 01:00:00 PM
- Kimberly-Clark Reports Progress Toward 2030 Sustainability Goals • PR Newswire (US) • 06/05/2024 01:00:00 PM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/30/2024 01:46:21 PM
- Kimberly-Clark to Webcast its Presentation in Deutsche Bank dbAccess Global Consumer Conference • PR Newswire (US) • 05/28/2024 08:15:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/24/2024 08:10:19 PM
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