Resistance

Time

Daily

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>KMB stock price regained strength and is looking to go beyond the bars.</a> </li> 
 <li> <span>2</span> <a>Bulls are gaining momentum and surpassing key moving averages.</a> </li> 
</ul> 
<p>Kimberly – Clark Corporation (KMB) stock rebounded the gains from $130 and retained the strength in the last session. The chart shows roller coaster moves, and stock stayed in a narrow range from the past months. Moreover, the price action shows that neither the sellers nor the buyers have attained domination, and the price is still floating in the congestion zone.&nbsp;</p> 
<p>KMB stock is ready to deliver its Q2 earnings on July 25th, and investors are showing interest in the last session and started accumulating the price. Analysts were expecting a positive commentary and growth outlook this time as well.</p> 
<p>In the last session, a hammer candlestick formed on the channel’s lower trendline and showed a bounce. The bounce indicates positive sentiment and is also an early indication of an upcoming surge above $140. In the past months, buyers attempted to reach the round mark of $150 but could not go there. However, sentiments are now favorable, and buyers want to take advantage.</p> 
<p>Kimberly-Clark Corp. engages in the manufacture and marketing of products made from natural or synthetic fibers. It operates through the following segments: Personal Care, Consumer Tissue, and K-C Professional. The Personal Care segment offers disposable diapers, training and youth pants, swim pants, baby wipes, feminine and incontinence care products, and other related products.&nbsp;</p> 
<p>The Consumer Tissue segment produces and sells facial and bathroom tissue, paper towels, napkins, and related products for household use. The K-C Professional segment supplies workplace-supporting products such as wipers, tissue, towels, apparel, soaps, and sanitizers. The company was founded by John A. Kimberly, Havilah Babcock, Charles B. Clark, and Frank C. Shattuck in 1872 and is headquartered in Irving, TX.</p> 
<p>At press time, KMB stock was trading at $137.15 with an intraday gain of 1.69%, showing a bounce in yesterday’s session. Furthermore, the trading volume increased by 1.56% to 2.081 Million. The market cap is $46.272 Billion.</p> 
<h2 class="wp-block-heading" id="strong-daily-charts-shows-bounce-from-the-channel-lows-strong"><strong>Daily Charts Shows Bounce From the Channel Lows</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh3.googleusercontent.com/leK5dwWRJ1TDlL_PMa3MtPDsrRQ_GkAyj4TS_XZuRIztTU3gkXChTziro0U7ZjLt6JShMhAvA3QhBvACikMt98VjGnNekLCu2QaZmtRYQ9hWnc1Xg_A1inA0bOUC2dBoVs8Y-HHEpGEhUk46ene51-0" alt="KMB Stock (NYSE: KMB) Bounces Ahead of Q2 Results, Time To Pick?"> 
  <figcaption class="wp-element-caption">
    Source: KMB Stock Price Chart At TradingView 
  </figcaption> 
 </figure> 
</div> 
<p>On the daily charts, the KMB<a href="https://www.thecoinrepublic.com/2023/06/29/riot-platforms-inc-is-riot-stock-price-ready-for-a-breakout/" target="_blank" rel="noopener noreferrer nofollow"> stock price</a> chart shows a rising channel. The price respected its channel guard rails, so far. Similarly, the price rebounded from the channel lows, forming a hammer candlestick in the last session.</p> 
<p>As per the Fib levels, KMB stock price is trading above 50% and is looking to surpass 61.8% showing bullishness on the charts.</p> 
<p>The RSI curve stayed near neutrality, indicating a bounce in the following sessions.</p> 
<p>The MACD indicator is still waiting to form a bullish crossover, but buying projections noted on the charts suggest a follow on buying.</p> 
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4> 
<p>Kimberly – Clark Corporation (KMB) stock price bounced from the channel lows. The buyers intend to stay inside the channel. Moreover, buyers are attempting to reach $150 over the past sessions per the leading indicators.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels:</strong></h4> 
<p>Support Levels: $125</p> 
<p>Resistance Levels:$140 and $150</p> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.</p>

KMB Stock (NYSE: KMB) Bounces Ahead of Q2 Results, Time To Pick?

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