Analysis of the Cleaning Sector: Recent Performance and Key Indicators
Sector Performance Overview
The cleaning sector has exhibited a notable performance increase, experiencing a +4.71% rise over the past week. This performance surge reflects positive market sentiment and possibly increasing demand within the sector.
Key Tickers in the Cleaning Sector
The primary tickers in this sector include:
These companies are leading players in the cleaning industry, each with its unique strengths and market positions.
Market Capitalization Analysis
Overall Market Cap
The average market capitalization across the cleaning sector is $42.9 billion. However, the market cap for individual companies in this group varies significantly, ranging from $1.1 billion to $66 billion.
Top and Bottom Valuations
- Ecolab (ECL) holds the highest valuation at $66 billion.
- Heritage-Crystal Clean (HCCI), though not a primary ticker, is noted as the lowest valued company at $1.1 billion.
This wide range in market capitalization indicates a mix of large, well-established firms and smaller, potentially more agile companies within the sector.
Price Growth Analysis
Weekly, Monthly, and Quarterly Trends
- Weekly Price Growth: The average price growth across all stocks in the cleaning sector was 4.7% over the past week.
- Monthly Price Growth: The sector saw a 2.47% average price growth over the past month.
- Quarterly Price Growth: Over the last quarter, the sector experienced a robust 9.59% growth.
Notable Movers
- Clorox (CLX) achieved the highest weekly price growth at 6.56%.
- Ecolab (ECL) experienced the most significant decline, with a -6.72% drop over the same period.
Recent notable news includes:
- On July 31, 2024, Ecolab (ECL) saw a -7.24% decline, making it a top loser for the week.
- On June 6, 2024, Ecolab (ECL) was a top weekly gainer with a +5.78% jump.
- On June 5, 2024, Kimberly-Clark (KMB) also recorded significant gains, with a +6.38% increase.
Volume Trends
Volume Growth Analysis
- Weekly Volume Growth: The average weekly volume growth across the cleaning sector was 60.78%.
- Monthly Volume Growth: Over the past month, the sector experienced a significant 248.23% average volume growth.
- Quarterly Volume Decline: Conversely, the average quarterly volume growth showed a decline of -12.9%.
A notable volume event:
- On June 22, 2024, Clorox's stock volume spiked, resulting in a record-breaking daily growth of 241% compared to the 65-Day Volume Moving Average.
Technical Indicators and Stock Analysis
Kimberly-Clark (KMB)
Bollinger Bands Analysis:
- Upward Trend Expectation: KMB's price is expected to rise as it breaks its lower Bollinger Band on July 30, 2024. Historically, in 29 out of 51 instances where KMB's price broke its lower Bollinger Band, it rose further in the following month (57% probability).
- Current Price Position: The current price of $139.62 has crossed the resistance line at $134.30 and is trading between $152.22 (support) and $134.30 (resistance).
Ecolab (ECL)
RSI Oscillator Analysis:
- Recovery from Oversold Territory: The RSI indicator for ECL moved out of oversold territory on July 31, 2024, signaling a potential upward trend. In 15 out of 21 similar cases, the stock moved higher, indicating a 71% probability of an upward move.
- Current Price Position: The current price of $236.41 is above the highest resistance line of $157.71.
Clorox (CLX)
MACD Histogram Analysis:
- Positive MACD Signal: The MACD histogram for CLX turned positive on August 2, 2024, historically leading to a rise in 35 out of 58 cases in the following month (60% probability).
- Current Price Position: The current price of $142.91 has crossed the support line at $138.89, trading between $144.21 (resistance) and $138.89 (support).
In Summary:
The cleaning sector's recent performance highlights a sector in motion, with significant gains driven by key players like Kimberly-Clark, Ecolab, and Clorox. Market capitalization variations, notable price movements, and technical indicators provide insights into potential future trends. Investors should monitor these trends closely to capitalize on emerging opportunities within the sector.
KMB in downward trend: 10-day moving average broke below 50-day moving average on December 09, 2024
The 10-day moving average for KMB crossed bearishly below the 50-day moving average on December 09, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 06, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on KMB as a result. In of 91 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for KMB turned negative on December 09, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .
KMB moved below its 50-day moving average on December 03, 2024 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where KMB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for KMB entered a downward trend on November 25, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where KMB's RSI Oscillator exited the oversold zone, of 31 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 9 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where KMB advanced for three days, in of 305 cases, the price rose further within the following month. The odds of a continued upward trend are .
KMB may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (47.393) is normal, around the industry mean (16.934). P/E Ratio (24.722) is within average values for comparable stocks, (201.433). Projected Growth (PEG Ratio) (1.633) is also within normal values, averaging (3.832). Dividend Yield (0.037) settles around the average of (0.107) among similar stocks. P/S Ratio (2.136) is also within normal values, averaging (113.563).
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 85, placing this stock slightly better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. KMB’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a company, which engages in the manufacturing of paper based products and providing cleaning solutions
Industry HouseholdPersonalCare