US stock / ETF

Clorox Company

CLX · NYSE · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

CLX 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $87.34 and stabilize above resistance $94.18.

Invalidation Trigger

Break above $94.18 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 34.2, MACD -0.011

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.13 (1.32%)

4h

EMA Structure

Bearish
EMA 8$85.66Bearish
EMA 21$87.34Bearish
EMA 50$91.06Bearish

Signals

CategoryReadStrength
Momentum
RSI 34.2 · MACD -0.011

Momentum is weak

Strength
Bearish
Volatility
ATR $1.13 · BB 7.78%

Low volatility

Strength
Bullish
Volume
MFI 29.9 · OBV -4.60%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$83.76 - $94.18

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+11.93% · 9.0 ATR above latest close

$95.31
Nearest resistance

+10.6% · 8.0 ATR above · 34-bar high

$94.18
Current price

Price shown is delayed

$85.15
Nearest support

-1.63% · 1.2 ATR below · 34-bar low

$83.76
Deeper support zone

-2.95% · 2.2 ATR below latest close

$82.63
ATR zone

Latest close ± ATR14

$84.02 - $86.28

Indicators

Trend

Dow Theory Structure

Confirmation $83.76, invalidation $86.28

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

Trend strength is active

46.6 / 2.4 / 37.9Bearish
Supertrend (10,3)

Price is above Supertrend

$81.67Bullish
Ichimoku Cloud

Cloud Span A / Span B

$86.43 / $93.13Bearish
Donchian Channel (20)

20-period breakout channel position

22%Bearish

Volatility

ATR (14)

Low volatility

$1.13 (1.32%)Bullish
Bollinger Bands (20,2)

Width 7.78%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$89.47 / $84.95Bullish
ATR channel lower / upper

Current Volatility Envelope

$84.02 / $86.28Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$94.18Range
Support

Nearest Downside Decision Level

$83.76Range

Momentum

RSI (14)

Momentum is weak

34.2Bearish
MACD (12,26,9)

Histogram is negative

-0.011Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.3 / 17.1Bullish
Williams %R (14)

Neutral zone

-77.7Range
CCI (20)

Weak expansion

-109.5Bearish
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

29.9Bearish
OBV slope

20-period OBV slope

-4.60%Bearish
Volume ratio

Relative to 20-period average volume

0.95xRange

Trend

Dow Theory Structure

Confirmation $83.76, invalidation $86.28

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

Trend strength is active

46.6 / 2.4 / 37.9Bearish
Supertrend (10,3)

Price is above Supertrend

$81.67Bullish
Ichimoku Cloud

Cloud Span A / Span B

$86.43 / $93.13Bearish
Donchian Channel (20)

20-period breakout channel position

22%Bearish

Momentum

RSI (14)

Momentum is weak

34.2Bearish
MACD (12,26,9)

Histogram is negative

-0.011Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.3 / 17.1Bullish
Williams %R (14)

Neutral zone

-77.7Range
CCI (20)

Weak expansion

-109.5Bearish
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$1.13 (1.32%)Bullish
Bollinger Bands (20,2)

Width 7.78%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$89.47 / $84.95Bullish
ATR channel lower / upper

Current Volatility Envelope

$84.02 / $86.28Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

29.9Bearish
OBV slope

20-period OBV slope

-4.60%Bearish
Volume ratio

Relative to 20-period average volume

0.95xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$94.18Range
Support

Nearest Downside Decision Level

$83.76Range

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