Thursday, November 22, 2012

Kimberly Clark Corp (NYSE: KMB)

Kimberly-Clark Corporation engages in manufacturing and marketing health care products worldwide. The company operates in four segments: Personal Care, Consumer Tissue, K-C Professional and Other, and Health Care. The Personal Care segment manufactures and markets disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and related products under the various brand names, including Huggies, Pull-Ups, Little Swimmers, GoodNites, Kotex, Lightdays, Depend, and Poise. The Consumer Tissue segment offers facial and bathroom tissue, paper towels, napkins, and related products under the Kleenex, Scott, Cottonelle, Viva, Andrex, Scottex, Hakle, and Page brands. The K-C Professional and Other segment provides apparel, wipers, soaps, sanitizers, tissues, and towels under the Kleenex, Scott, WypAll, Kimtech, and Jackson Safety brands. The Health Care segment offers exam gloves, medical devices, and infection prevention products; and pain management products, respiratory, and digestive health and medical supplies under the Kimberly-Clark and ON-Q brands.

To review Kimberly's stock, please take a look at the 1-year chart of KMB (Kimberly-Clark Corporation) below with my added notations:
1-year chart of KMB (Kimberly-Clark Corporation)
After trending higher for most of the last year, KMB has been consolidating within a large Rectangle over the last (4) months. Rectangle patterns form when a stock gets stuck bouncing between a horizontal support and resistance. A minimum of (2) successful tests of the support and (2) successful tests of the resistance will give you the pattern. For KMB, the Rectangle pattern has formed an $88 resistance (red) and a $82 support (green). A break above $88 would also be a new 52-week high.

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