KMB Rally May Be Overextended Near $111.11
Kimberly-Clark Corp (KMB) gained 0.55% to finish at $111.11 on February 25.
Key indicators suggest a bullish bias:
Moving Averages
Price trades above the 9-day EMA ($108.78) with a bullish stack. The 21-day EMA at $106.20 provides support.
Momentum
RSI at 70.4 is elevated in overbought zone, which often precedes pullbacks. MACD is bullish (2.44 vs signal 1.87).
Volatility
Bollinger Band width at 15.5% indicates normal volatility.
While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.
Key levels to watch: Support at $97.03, Resistance at $113.31.
