COLGATE-PALMOLIVE CO. - Daily - Technical analysis published on 07/15/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
17%
28%
56%
My opinion
Bullish above 76.02 USD
My targets
82.03 USD (+4.74%)
83.39 USD (+6.47%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on COLGATE-PALMOLIVE CO.. As long as you are above the support located at 76.02 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 82.03 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 83.39 USD as an objective. Crossing it would then enable buyers to target 84.38 USD. If the support 76.02 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
1.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The COLGATE-PALMOLIVE CO. price is 78.32 USD. On the day, this instrument lost -0.03% and was between 78.32 USD and 78.99 USD. This implies that the price is at 0% from its lowest and at -0.85% from its highest.78.32
78.99
78.32
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of COLGATE-PALMOLIVE CO. indicates that the overall trend is bullish. 64.29% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals several bearish and bullish signals:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
The Central Indicators scanner found no further results concerning independent technical indicators.
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 74.49 | 76.02 | 77.60 | 78.32 | 79.27 | 82.03 | 83.39 |
| Change (%) | -4.89% | -2.94% | -0.92% | - | +1.21% | +4.74% | +6.47% |
| Change | -3.83 | -2.30 | -0.72 | - | +0.95 | +3.71 | +5.07 |
| Level | Major | Minor | Major | - | Intermediate | Major | Major |
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 | 76.10 | 76.59 | 77.47 | 77.96 | 78.84 | 79.33 | 80.21 |
| Camarilla | 77.96 | 78.09 | 78.21 | 78.34 | 78.47 | 78.59 | 78.72 |
| Woodie | 76.29 | 76.69 | 77.66 | 78.06 | 79.03 | 79.43 | 80.40 |
| Fibonacci | 76.59 | 77.12 | 77.44 | 77.96 | 78.49 | 78.81 | 79.33 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 73.32 | 75.78 | 77.06 | 79.52 | 80.80 | 83.26 | 84.54 |
| Camarilla | 77.32 | 77.66 | 78.01 | 78.35 | 78.69 | 79.04 | 79.38 |
| Woodie | 72.74 | 75.49 | 76.48 | 79.23 | 80.22 | 82.97 | 83.96 |
| Fibonacci | 75.78 | 77.21 | 78.09 | 79.52 | 80.95 | 81.83 | 83.26 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 67.15 | 69.92 | 75.03 | 77.80 | 82.91 | 85.68 | 90.79 |
| Camarilla | 77.97 | 78.70 | 79.42 | 80.14 | 80.86 | 81.59 | 82.31 |
| Woodie | 68.32 | 70.51 | 76.20 | 78.39 | 84.08 | 86.27 | 91.96 |
| Fibonacci | 69.92 | 72.93 | 74.79 | 77.80 | 80.81 | 82.67 | 85.68 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 50.04 | |
| MACD (12,26,9): | 0.2800 | |
| Directional Movement: | -1.79 | |
| AROON (14): | -57.15 | |
| DEMA (21): | 79.13 | |
| Parabolic SAR (0,02-0,02-0,2): | 81.50 | |
| Elder Ray (13): | -0.16 | |
| Super Trend (3,10): | 76.69 | |
| Zig ZAG (10): | 78.53 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 22.00 | |
| TEMA (21): | 79.16 | |
| Williams %R (14): | -72.01 | |
| Chande Momentum Oscillator (20): | -0.40 | |
| Repulse (5,40,3): | 0.2600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 2.86 |
| MA7: | 78.58 | |
| MA20: | 78.72 | |
| MA50: | 77.85 | |
| MA100: | 77.41 | |
| MAexp7: | 78.73 | |
| MAexp20: | 78.70 | |
| MAexp50: | 78.26 | |
| MAexp100: | 78.13 | |
| Price / MA7: | -0.33% | |
| Price / MA20: | -0.51% | |
| Price / MA50: | +0.60% | |
| Price / MA100: | +1.18% | |
| Price / MAexp7: | -0.52% | |
| Price / MAexp20: | -0.48% | |
| Price / MAexp50: | +0.08% | |
| Price / MAexp100: | +0.24% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The latest news and videos published on COLGATE-PALMOLIVE CO. at the time of the analysis were as follows:
- Colgate-Palmolive Webcasts 2022 Second Quarter Earnings Conference Call July 29, 2022 – 8:00 a.m. ET
- CENTENNIAL RESOURCE DEVELOPMENT INVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Investigates Colgate Merger with Centennial – CDEV
- Colgate Declares Regular Quarterly Dividend
- Colgate-Palmolive Webcasts Fireside Chat at the dbAccess Global Consumer Conference
- Colgate-Palmolive Webcasts Fireside Chat at the Evercore ISI Consumer & Retail Conference
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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