CLX Faces Resistance as EMAs Turn Bearish

Clorox Co (CLX) closed up 0.33% at $98.53 on December 27.

Technical indicators paint a bearish picture:

• Moving Averages: Price sits below both the 9-day ($99.32) and 21-day ($101.41) EMAs, suggesting short-term weakness.
• Momentum: RSI at 44.1 is in neutral territory. MACD is bearish (-2.46 vs signal -2.35).
• Volatility: Bollinger Band width at 12.2% indicates normal volatility.

Key levels to watch: Support at $95.80, Resistance at $108.21.