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. - 1H - Technical analysis published on 06/27/2024 (GMT)

Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

17%

39%

44%

My opinion

Bullish above 95.16 USD

My targets

99.08 USD (+0.91%)

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 95.16 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 99.08 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. If the support 95.16 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, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

2.9

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

COLGATE-PALMOLIVE CO. rating 98.19 USD. On the day, this instrument lost -0.04% with the lowest point at 97.76 USD and the highest point at 98.27 USD. The deviation from the price is +0.44% for the low point and -0.08% for the high point.

97.76

98.27

98.19

Here is a more detailed summary of the historical variations registered by COLGATE-PALMOLIVE CO.:

The Central Records scanner for higher/lower results shows the following items:

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 COLGATE-PALMOLIVE CO. in 1H shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

The probability of a further decline is low given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	92.88	95.16	97.87	98.19	99.08
Change (%)	-5.41%	-3.09%	-0.33%	-	+0.91%
Change	-5.31	-3.03	-0.32	-	+0.89
Level	Intermediate	Major	Minor	-	Intermediate

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	97.28	97.58	97.90	98.20	98.52	98.82	99.14
Camarilla	98.06	98.12	98.17	98.23	98.29	98.34	98.40
Woodie	97.30	97.59	97.92	98.21	98.54	98.83	99.16
Fibonacci	97.58	97.81	97.96	98.20	98.43	98.58	98.82

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	91.44	92.76	95.02	96.34	98.60	99.92	102.18
Camarilla	96.29	96.61	96.94	97.27	97.60	97.93	98.26
Woodie	91.90	93.00	95.48	96.58	99.06	100.16	102.64
Fibonacci	92.76	94.13	94.98	96.34	97.71	98.56	99.92

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	85.80	88.29	90.62	93.11	95.44	97.93	100.26
Camarilla	91.64	92.08	92.52	92.96	93.40	93.84	94.29
Woodie	85.73	88.25	90.55	93.07	95.37	97.89	100.19
Fibonacci	88.29	90.13	91.27	93.11	94.95	96.09	97.93

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):	45.91
MACD (12,26,9):	0.2100
Directional Movement:	-3.25
AROON (14):	-92.86
DEMA (21):	98.57
Parabolic SAR (0,02-0,02-0,2):	98.92
Elder Ray (13):	-0.25
Super Trend (3,10):	97.51
Zig ZAG (10):	97.88
VORTEX (21):	1.0300
Stochastique (14,3,5):	25.53
TEMA (21):	98.27
Williams %R (14):	-81.06
Chande Momentum Oscillator (20):	-0.61
Repulse (5,40,3):	-0.2800
ROCnROLL:	-1
TRIX (15,9):	0.0500
Courbe Coppock:	0.85

MA7:	97.88
MA20:	95.16
MA50:	93.31
MA100:	89.81
MAexp7:	98.17
MAexp20:	98.17
MAexp50:	97.33
MAexp100:	96.18
Price / MA7:	+0.32%
Price / MA20:	+3.18%
Price / MA50:	+5.23%
Price / MA100:	+9.33%
Price / MAexp7:	+0.02%
Price / MAexp20:	+0.02%
Price / MAexp50:	+0.88%
Price / MAexp100:	+2.09%

Quotes : - 15 min delayed data - NYSE Stocks

News

Don't forget to follow the news on COLGATE-PALMOLIVE CO.. At the time of publication of this analysis, the latest news was as follows:

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

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