Want to know the current price of Kimberly-Clark and what’s next for KMB shares? On this page, we share the latest Kimberly-Clark news and advice on buying stocks. You can also view the latest Kimberly-Clark Forecast for 2022 and 2023 from our experts.
Should You Buy or Sell Kimberly-Clark Shares Today? To what levels can the shares of this company rise in a year, two, three? How much will Kimberly-Clark shares be worth in 2021, 2022, 2023? We have been making currency rate forecasts for a long time, and we can also predict the behavior of the stock market using technical analysis and simple indicators.
We also take into account the technical, fundamental analysis of stocks, the news background, the general geopolitical situation in the world and other, smaller factors. The share forecasts indicate target levels for KMB shares, both up and down.
Kimberly-Clark Forecast for 2022 and 2023
Kimberly-Clark quotes continue to move as part of the correction and the formation of the “Triangle” model. The moving averages indicate a short-term bullish trend for KHC shares. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of securities and a likely continuation of the rise in the near future. At the time of publication of the forecast, the price of Kimberly-Clark shares is 139.73 per share. As part of the forecast, we should expect an attempt to fall and a test of the support level near the area of 130.05. Further, the price bounces up and the continued rise in the value of securities. The potential target of such a movement in shares is the area above the level of 170.05 already in 2021, 2022, 2023.
An additional signal in favor of the growth of Kimberly-Clark quotes will be a test of the support line on the relative strength index (RSI). The second signal will be a rebound from the lower border of the Triangle pattern. Cancellation of the option to raise the price of KMB shares will be a fall and a breakdown of the level of 120.55. This will indicate a breakdown of the lower boundary of the model, in which case we can consider the continued decline of securities to the area at the level of 105.05. It is worth waiting for confirmation of the rise in shares with a breakdown of the resistance area and closing above the level of 142.05, which will indicate a breakdown of the upper border of the “Triangle” model.
Kimberly-Clark Forecast for 2022 and 2023 suggests an attempt to develop a decline and test the support area near the level of 130.05. Where should we expect a rebound and an attempt to continue the rise of shares in the area above the level of 170.05. In favor of the growth of securities, a test of the trend line on the relative strength index (RSI) will come out. Cancellation of the KMB rise option will be a fall and a breakdown of the level of 120.55. This will indicate a breakdown of the lower boundary of the “Triangle” model and a continuation of the fall in value to the area below the level of 105.05.
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