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. - Daily - Technical analysis published on 09/09/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

61%

33%

My opinion

Bullish above 102.80 USD

My targets

109.24 USD (+1.58%)

111.97 USD (+4.12%)

My analysis

COLGATE-PALMOLIVE CO. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 102.80 USD. The next resistance located at 109.24 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 111.97 USD. After this resistance, buyers could then target 117.23 USD. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.9

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.

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Additional analysis

Quotes

The COLGATE-PALMOLIVE CO. price is 107.54 USD. On the day, this instrument lost -0.30% and was traded between 106.50 USD and 107.82 USD over the period. The price is currently at +0.98% from its lowest and -0.26% from its highest.

106.50

107.82

107.54

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Opening Gap DOWN

Type : Bearish

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

Technical analysis of this Daily chart of COLGATE-PALMOLIVE CO. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 11 technical indicators on 18 studied are currently positioned bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	90.47	94.66	102.80	107.54
Change (%)	-15.87%	-11.98%	-4.41%	-
Change	-17.07	-12.88	-4.74	-
Level	Minor	Minor	Intermediate	-

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	106.15	106.97	107.41	108.23	108.67	109.49	109.93
Camarilla	107.51	107.63	107.75	107.86	107.98	108.09	108.21
Woodie	105.97	106.88	107.23	108.14	108.49	109.40	109.75
Fibonacci	106.97	107.45	107.75	108.23	108.71	109.01	109.49

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	103.42	104.89	106.37	107.84	109.32	110.79	112.27
Camarilla	107.05	107.32	107.59	107.86	108.13	108.40	108.67
Woodie	103.44	104.89	106.39	107.84	109.34	110.79	112.29
Fibonacci	104.89	106.01	106.71	107.84	108.96	109.66	110.79

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	93.26	95.99	101.25	103.98	109.24	111.97	117.23
Camarilla	104.30	105.04	105.77	106.50	107.23	107.97	108.70
Woodie	94.52	96.62	102.51	104.61	110.50	112.60	118.49
Fibonacci	95.99	99.05	100.93	103.98	107.04	108.92	111.97

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):	67.16
MACD (12,26,9):	2.0900
Directional Movement:	17.35
AROON (14):	85.71
DEMA (21):	107.91
Parabolic SAR (0,02-0,02-0,2):	105.48
Elder Ray (13):	0.86
Super Trend (3,10):	104.64
Zig ZAG (10):	107.40
VORTEX (21):	1.1800
Stochastique (14,3,5):	82.20
TEMA (21):	108.47
Williams %R (14):	-25.07
Chande Momentum Oscillator (20):	3.93
Repulse (5,40,3):	0.1000
ROCnROLL:	1
TRIX (15,9):	0.2700
Courbe Coppock:	10.38

MA7:	107.52
MA20:	104.67
MA50:	100.97
MA100:	96.91
MAexp7:	107.32
MAexp20:	105.20
MAexp50:	101.69
MAexp100:	97.37
Price / MA7:	+0.02%
Price / MA20:	+2.74%
Price / MA50:	+6.51%
Price / MA100:	+10.97%
Price / MAexp7:	+0.20%
Price / MAexp20:	+2.22%
Price / MAexp50:	+5.75%
Price / MAexp100:	+10.44%

Quotes : - 15 min delayed data - NYSE Stocks

News

The last news published on COLGATE-PALMOLIVE CO. at the time of the generation of this analysis was as follows:

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

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