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:
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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