US stock / ETF

Clorox Company

CLX · NYSE · USD

4 hoursBullish76%
4h Upside probability 76%Bullish

CLX 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $84.45 and reclaim $88.66.

Invalidation Trigger

Lose $84.45 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateRange
Momentum mixed

RSI 57.0, MACD -0.024

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.9833 (1.13%)

4h

EMA Structure

Bullish
EMA 8$87.01Bullish
EMA 21$86.73Bullish
EMA 50$85.98Bullish

Signals

CategoryReadStrength
Momentum
RSI 57.0 · MACD -0.024

Momentum is strong

Strength
Range
Volatility
ATR $0.9833 · BB 4.43%

Low volatility

Strength
Bullish
Volume
MFI 67.0 · OBV 1.23%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$84.45 - $88.66

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.59% · 2.3 ATR above latest close

$89.64
Nearest resistance

+1.46% · 1.3 ATR above · 34-bar high

$88.66
Current price

Price shown is delayed

$87.38
Nearest support

-3.36% · 3.0 ATR below · 34-bar low

$84.45
Deeper support zone

-4.48% · 4.0 ATR below latest close

$83.47
ATR zone

Latest close ± ATR14

$86.4 - $88.37

Indicators

Trend

Dow Theory Structure

Confirmation $85.91, invalidation $87.45

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

Trend strength is moderate

19.9 / 21.8 / 18.0Bullish
Supertrend (10,3)

Price is above Supertrend

$84.97Bullish
Ichimoku Cloud

Cloud Span A / Span B

$86.68 / $85.57Bullish
Donchian Channel (20)

20-period breakout channel position

70%Bullish

Volatility

ATR (14)

Low volatility

$0.9833 (1.13%)Bullish
Bollinger Bands (20,2)

Width 4.43%

67%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$88.36 / $85.15Bullish
ATR channel lower / upper

Current Volatility Envelope

$86.4 / $88.37Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$88.66Range
Support

Nearest Downside Decision Level

$84.45Range

Momentum

RSI (14)

Momentum is strong

57.0Bullish
MACD (12,26,9)

Histogram is negative

-0.024Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

54.2 / 55.8Bearish
Williams %R (14)

Neutral zone

-45.8Range
CCI (20)

Balanced zone

71.6Range
TD Sequential

Setup is not extreme

sell 6Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

67.0Bullish
OBV slope

20-period OBV slope

1.23%Bullish
Volume ratio

Relative to 20-period average volume

1.59xBullish

Trend

Dow Theory Structure

Confirmation $85.91, invalidation $87.45

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

Trend strength is moderate

19.9 / 21.8 / 18.0Bullish
Supertrend (10,3)

Price is above Supertrend

$84.97Bullish
Ichimoku Cloud

Cloud Span A / Span B

$86.68 / $85.57Bullish
Donchian Channel (20)

20-period breakout channel position

70%Bullish

Momentum

RSI (14)

Momentum is strong

57.0Bullish
MACD (12,26,9)

Histogram is negative

-0.024Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

54.2 / 55.8Bearish
Williams %R (14)

Neutral zone

-45.8Range
CCI (20)

Balanced zone

71.6Range
TD Sequential

Setup is not extreme

sell 6Bearish

Volatility

ATR (14)

Low volatility

$0.9833 (1.13%)Bullish
Bollinger Bands (20,2)

Width 4.43%

67%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$88.36 / $85.15Bullish
ATR channel lower / upper

Current Volatility Envelope

$86.4 / $88.37Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

67.0Bullish
OBV slope

20-period OBV slope

1.23%Bullish
Volume ratio

Relative to 20-period average volume

1.59xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$88.66Range
Support

Nearest Downside Decision Level

$84.45Range

Related Forecasts