KMB Stalls at $101.00 Amid Bearish EMAs
BearishKimberly-Clark Corp (KMB) traded flat at $101.00 on December 27.
Technical indicators paint a mixed picture:
Moving Averages
Price sits below both the 9-day ($101.39) and 21-day ($102.83) EMAs, suggesting short-term weakness.
Momentum
RSI at 43.3 is in neutral territory but trending higher. MACD is bullish (-1.90 vs signal -1.96).
Volatility
Bollinger Band width at 9.9% indicates low volatility.
Despite the bearish EMA structure, bullish MACD divergence suggests patient buyers may find opportunity near $98.14.
Key levels to watch: Support at $98.14, Resistance at $108.41.