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Kimberly-Clark Has Been Rising, Ignoring the Broad Market Weakness

Bruce Kamich

In this daily bar chart of KMB, below, we can see that prices are above the rising 50-day moving average line and above the bullish 200-day average line. The daily On-Balance-Volume (OBV) line has been on rise from late October, signaling that buyers of KMB has been more aggressive. The Moving Average Convergence Divergence (MACD) oscillator has been above the zero line for much of the time since late November.