Tuesday, April 23, 2019 12:22:35 PM
Today, leading consumer goods company, Kimberly Clark Corp (NYSE:KMB), is reversing sharply lower on the session. The stock is trading lower by $4.23 to $126.02 a share. This past Thursday, the stock soared to new 52-week highs after reporting earnings on April 22, 2019. On that day the stock traded as high as $132.47 a share. Traders must always be cautious when stocks reverse so much of there recent gains from a break-out. Often a reversal of this magnitude could signal much more downside in the near term. Please understand, while the stock is still in an up-trend and trading above its 20 and 50-day moving averages this reversal usually signals further downside in the shares. There are several support levels coming up such as the gap fill from the April 18, 2019 close, the 50-day moving average, and the $118.00 break-out level. Out of all of these near term support Levels the $118.00 area looks the best for a solid bounce in the stock.
Nicholas Santiago
InTheMoneyStocks
Recent KMB News
- Walgreens Slashes Annual Profit Forecast; MillerKnoll Nosedives 17% on Bleak 4Q Outlook, and Latest News • IH Market News • 03/28/2024 01:48:04 PM
- Kimberly-Clark Unveils Next Chapter of Strategic Transformation to Unlock Highest Value Growth Opportunities • PR Newswire (US) • 03/27/2024 10:55:00 AM
- Form ARS - Annual Report to Security Holders • Edgar (US Regulatory) • 03/11/2024 08:49:24 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 03/11/2024 08:40:42 PM
- Huggies® and Bright Horizons® Pilot New Program to Divert Waste from Landfills and Convert Waste-to-Energy in Local Boston Communities • PR Newswire (US) • 03/07/2024 01:45:00 PM
- Baby2Baby Launches Partnership with Huggies-maker Kimberly-Clark to Provide Millions of Diapers and Wipes to Mothers In Need and Triple Their Maternal Health & Newborn Supply Kit Initiative • PR Newswire (US) • 03/06/2024 01:00:00 PM
- Ethisphere Names Kimberly-Clark as One of the 2024 World's Most Ethical Companies® • PR Newswire (US) • 03/04/2024 11:00:00 AM
- Kimberly-Clark Announces 2024 Investor Day • PR Newswire (US) • 02/29/2024 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/28/2024 08:25:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/28/2024 04:32:06 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/28/2024 04:32:02 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/28/2024 04:32:01 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/28/2024 04:30:58 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/28/2024 04:30:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/28/2024 04:30:54 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/28/2024 04:30:51 PM
- Kotex Global Study Finds Nearly 60% of Women Feel Progress is Lacking and Launches #ProgressFeelsLike Movement to Ignite Action on International Women's Day • PR Newswire (US) • 02/27/2024 02:00:00 PM
- Kotex Global Study Finds Nearly 60% of Women Feel Progress is Lacking and Launches #ProgressFeelsLike Movement to Ignite Action on International Women's Day • PR Newswire (US) • 02/27/2024 02:00:00 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 02/23/2024 05:48:36 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/13/2024 09:55:49 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 02/06/2024 01:19:27 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/01/2024 03:53:22 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/30/2024 09:20:30 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/30/2024 04:25:11 PM
- Kimberly-Clark Appoints Grant McGee as Senior Vice President and General Counsel • PR Newswire (US) • 01/30/2024 01:30:00 PM
Endexx Corporation (EDXC) Leverages Global Market Trends and Legislative Reforms to Spearhead Growth in the Cannabis and Plant-Based Wellness Sectors • EDXC • Mar 27, 2024 3:01 PM
Applied UV, Inc. Announces Pricing of $2.76 Million Registered Direct and Private Placement Priced at the Market Under Nasdaq Rules • AUVI • Mar 27, 2024 2:51 PM
POET and MultiLane Collaborate to Develop High-Speed Pluggable Transceivers for AI Networks • POET • Mar 27, 2024 10:52 AM
Maybacks Global Entertainment Opens 23 More Stations in Important Major Cities • AHRO • Mar 27, 2024 9:00 AM
NxGen Brands Inc. Forecast to Deliver 140% Growth in Q1 2024 • NXGB • Mar 27, 2024 7:30 AM
Kona Gold Beverages, Inc. Strategic Advancements: Covert LLC Introduces Federally Legal D9 Gummies and Revamps Innovative eCommerce Platform, Propelling Toward $12 Million Annual Revenue Goal • KGKG • Mar 26, 2024 8:30 AM