Stock Price Evaluation for Colgate-Palmolive Company (NYSE:CL): Shares 5.190815 for the Week

Investors often hear the saying “buy low, sell high”. This may seem highly obvious to anybody looking to get into the stock market. Even though investors typically know they should do this, novices tend to do just the opposite, buy high and sell low. Often times, amateur investors will get carried away when a stock is trending higher. They may attempt to get in on the stock after a big move with hopes of the stock going higher and an overall thought that relates to the fear of missing out. Often times, investors will find themselves in a precarious situation when this occurs. They might have taken a chance on a stock that maybe was too good to be true. Investors may regret buying after the big move when the price has far exceeded the underlying value. Closely watching the fundamentals may help investors avoid getting into sticky situations such as buying too high.

Investors are often searching through all the numbers to help decide which stocks to purchase. Taking a closer look at shares of Colgate-Palmolive Company (NYSE:CL), we see that the stock’s latest close price was 65.03. Tracking historical price information can help investors see the bigger picture when looking at a stock. Since the beginning of the year, shares have seen a change of 9.290995. Over the last full year, shares have moved -11.291422. Bringing the focus in, the stock has changed 8.074431 over the past three months, 9.789029 over the last month, and 5.190815 over the last week. Traders will be closely watching to see what happens to the stock price over the next couple of sessions.

Traders have the ability to use many different indicators when studying stocks. The Ichimoku Cloud is a highly popular indicator that helps display support and resistance. Looking at some Ichimoku levels for Colgate-Palmolive Company (NYSE:CL), we note that the Ichimoku Cloud Base Line level is 63.105. The Ichimoku Could Conversion Line reading is 63.905. From another angle, the Ichimoku Lead 1 is presently 60.75375, and the Lead 2 level is 61.6925.

Scanning the levels on shares of Colgate-Palmolive Company (NYSE:CL), investors might be seeing how close the current price is in relation to some historical high and low prices. Looking out over the previous 3 months, we note that the high/low is 65.88/57.505. Over the past 1 month, the high/low is 65.25/58.86. Looking back over the last full-year, the high price is 74.63, and the low price sits at 57.41. For the last six months, the high was seen at 69.29, and the low was noted at
57.41.

Traders often use pivot point analysis to calculate proper support and resistance levels. Pivot points can be used as markers for traders to identify entry and exit positions. We can now take a look at some one month pivot points:

Fibonacci: 62.133335
Fibonacci support 1: 61.124855
Fibonacci support 2: 60.501812
Woodie: 61.995
Woodie support 1: 60.39
Woodie resistance 1: 63.03
Camarilla: 62.133335
Classic: 62.133335
Classic resistance 1: 63.306667
Classic support 1: 60.666668

Looking at the stock’s volatility, we note that the current reading is 1.635514. High volatility may show how the stock’s value can possibly be spread out over a larger range of values. Lower volatility points to the fact that a stock tends to be steadier. Weekly stock volatility clocks in at 1.802432 while volatility for the month comes in at 1.7729245. The current Bull Bear Power reading for the stock is 2.4155028.

Technical analysts will note that the Awesome Oscillator reading is presently 1.9523706. This oscillator may fluctuate above and below a zero line and can be used to create a wide variety of trading signals.

The Donchian Channels indicator can be used to figure out if a market is overbought or oversold. A price breakthrough of either the upper or lower band may signal these conditions. The current reading for the 20 day lower band is 60.96. The current reading for the 20 day upper band is 65.25.

Investors may be searching high and low for the next breakout winner in the stock market. As companies continue to release quarterly earnings reports, investors will be looking for stocks that have the potential to move to the upside in the coming months. Tracking earnings can be a good way for investors to see how the company is stacking up to analyst estimates. Some investors prefer to track sell-side estimates very closely. Others prefer to do their own research and make their own best guesses on what the actual numbers will be. A solid earnings beat may help ease investor worries if the stock has been underperforming recently. On the flip side, a bad earnings miss may cause investors to take a much closer look at what the future prospects look like for the company.

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