US stock / ETF

Clorox Company

CLX · NYSE · USD

1 monthBearish92%
Monthly Downside probability 92%Bearish

CLX 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $115.86 and stabilize above resistance $171.37.

Invalidation Trigger

Break above $171.37 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 41.5, MACD -1.377

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $14.25 (13.9%)

Monthly

EMA Structure

Bearish
EMA 8$102.3Bullish
EMA 21$115.86Bearish
EMA 50$134.39Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.5 · MACD -1.377

Momentum is weak

Strength
Bearish
Volatility
ATR $14.25 · BB 67.97%

High volatility

Strength
Bearish
Volume
MFI 48.2 · OBV -354.75%

Relative to 20-period average volume

Strength
Range
Price Levels
$84.7 - $171.37

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+81.04% · 5.8 ATR above latest close

$185.62
Nearest resistance

+67.14% · 4.8 ATR above · 34-bar high

$171.37
Current price

Price shown is delayed

$102.53
Nearest support

-17.39% · 1.3 ATR below · 34-bar low

$84.7
Deeper support zone

-31.29% · 2.3 ATR below latest close

$70.45
ATR zone

Latest close ± ATR14

$88.28 - $116.78

Indicators

Trend

Dow Theory Structure

Confirmation $84.7, invalidation $128.9

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

48.8 / 16.4 / 25.9Bearish
Supertrend (10,3)

Price is above Supertrend

$57.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$117.42 / $131.45Bearish
Donchian Channel (20)

20-period breakout channel position

22%Bearish

Volatility

ATR (14)

High volatility

$14.25 (13.9%)Bearish
Bollinger Bands (20,2)

Width 67.97%

30%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$145.47 / $84.49Bearish
ATR channel lower / upper

Current Volatility Envelope

$88.28 / $116.78Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$171.37Range
Support

Nearest Downside Decision Level

$84.7Range

Momentum

RSI (14)

Momentum is weak

41.5Bearish
MACD (12,26,9)

Histogram is negative

-1.377Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

37.7 / 26.5Bullish
Williams %R (14)

Neutral zone

-62.3Range
CCI (20)

Balanced zone

-66.4Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.2Range
OBV slope

20-period OBV slope

-354.75%Bearish
Volume ratio

Relative to 20-period average volume

0.94xRange

Trend

Dow Theory Structure

Confirmation $84.7, invalidation $128.9

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

48.8 / 16.4 / 25.9Bearish
Supertrend (10,3)

Price is above Supertrend

$57.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$117.42 / $131.45Bearish
Donchian Channel (20)

20-period breakout channel position

22%Bearish

Momentum

RSI (14)

Momentum is weak

41.5Bearish
MACD (12,26,9)

Histogram is negative

-1.377Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

37.7 / 26.5Bullish
Williams %R (14)

Neutral zone

-62.3Range
CCI (20)

Balanced zone

-66.4Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$14.25 (13.9%)Bearish
Bollinger Bands (20,2)

Width 67.97%

30%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$145.47 / $84.49Bearish
ATR channel lower / upper

Current Volatility Envelope

$88.28 / $116.78Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.2Range
OBV slope

20-period OBV slope

-354.75%Bearish
Volume ratio

Relative to 20-period average volume

0.94xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$171.37Range
Support

Nearest Downside Decision Level

$84.7Range

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