Where Will Clorox Co (CLX) Stock Go Next After It Is Higher By 6.51% in a Week?

Overall market sentiment has been high on Clorox Co (CLX) stock lately. CLX receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Clorox Co has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CLX!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With CLX Stock Today?

Clorox Co (CLX) stock is higher by 2.79% while the S&P 500 is lower by -1.86% as of 10:15 AM on Monday, Jul 19. CLX has gained $5.19 from the previous closing price of $186.32 on volume of 365,214 shares. Over the past year the S&P 500 has gained 30.60% while CLX is lower by -15.91%. CLX earned $7.16 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 26.37.

More About Clorox Co

With a history dating back more than 100 years, Clorox now sells a variety of consumer staples products, including cleaning supplies, laundry care, trash bags, cat litter, charcoal, food dressings, water-filtration products, and natural personal-care products. Beyond its namesake brand, the firm's portfolio includes Liquid-Plumr, Pine-Sol, S.O.S, Tilex, Kingsford, Fresh Step, Glad, Hidden Valley, KC Masterpiece, Brita, and Burt's Bees. Just shy of 85% of Clorox's sales stem from its home turf. Click Here to get the full Stock Report for Clorox Co stock.