COLGATE-PALMOLIVE CO.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	CL
ISIN:

COLGATE-PALMOLIVE CO. - 1H - Technical analysis published on 04/04/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

56%

28%

My opinion

Bearish under 88.66 USD

My targets

87.44 USD (-0.68%)

86.97 USD (-1.22%)

My analysis

COLGATE-PALMOLIVE CO. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 88.66 USD. The next support located at 87.44 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 86.97 USD. Below this support, sellers could then target 86.21 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

6.6

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

COLGATE-PALMOLIVE CO. rating 88.04 USD. On the day, this instrument lost -0.07% and was between 87.93 USD and 88.63 USD. This implies that the price is at +0.13% from its lowest and at -0.67% from its highest.

87.93

88.63

88.04

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by COLGATE-PALMOLIVE CO.:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this COLGATE-PALMOLIVE CO. chart shows a sharp bearish trend. The signals given by moving averages are 85.71% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near support of channel

Type : Bullish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	86.97	87.44	87.92	88.04	88.66	89.20	90.37
Change (%)	-1.22%	-0.68%	-0.14%	-	+0.70%	+1.32%	+2.65%
Change	-1.07	-0.60	-0.12	-	+0.62	+1.16	+2.33
Level	Minor	Major	Intermediate	-	Minor	Major	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	86.25	87.03	87.56	88.34	88.87	89.65	90.18
Camarilla	87.74	87.86	87.98	88.10	88.22	88.34	88.46
Woodie	86.14	86.97	87.45	88.28	88.76	89.59	90.07
Fibonacci	87.03	87.53	87.84	88.34	88.84	89.15	89.65

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	86.74	87.53	88.79	89.58	90.84	91.63	92.89
Camarilla	89.49	89.67	89.86	90.05	90.24	90.43	90.61
Woodie	86.98	87.65	89.03	89.70	91.08	91.75	93.13
Fibonacci	87.53	88.31	88.80	89.58	90.36	90.85	91.63

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	82.46	84.10	87.08	88.72	91.70	93.34	96.32
Camarilla	88.78	89.20	89.63	90.05	90.47	90.90	91.32
Woodie	83.12	84.44	87.74	89.06	92.36	93.68	96.98
Fibonacci	84.10	85.87	86.96	88.72	90.49	91.58	93.34

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	37.30
MACD (12,26,9):	-0.3000
Directional Movement:	-13.66
AROON (14):	-50.00
DEMA (21):	88.10
Parabolic SAR (0,02-0,02-0,2):	87.90
Elder Ray (13):	-0.30
Super Trend (3,10):	89.00
Zig ZAG (10):	87.98
VORTEX (21):	0.8400
Stochastique (14,3,5):	14.64
TEMA (21):	87.90
Williams %R (14):	-87.14
Chande Momentum Oscillator (20):	-1.13
Repulse (5,40,3):	-0.3900
ROCnROLL:	2
TRIX (15,9):	-0.0500
Courbe Coppock:	1.77

MA7:	89.01
MA20:	88.71
MA50:	86.28
MA100:	82.12
MAexp7:	88.14
MAexp20:	88.47
MAexp50:	88.77
MAexp100:	88.62
Price / MA7:	-1.09%
Price / MA20:	-0.76%
Price / MA50:	+2.04%
Price / MA100:	+7.21%
Price / MAexp7:	-0.11%
Price / MAexp20:	-0.49%
Price / MAexp50:	-0.82%
Price / MAexp100:	-0.65%

Quotes : - 15 min delayed data - NYSE Stocks

News

The latest news and videos published on COLGATE-PALMOLIVE CO. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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