Colgate Palmolive Stock Technical Analysis

CL Stock  USD 86.17  0.32  0.37%   
As of the 16th of April 2024, Colgate Palmolive shows the Downside Deviation of 0.7291, mean deviation of 0.5605, and Risk Adjusted Performance of 0.0957. Colgate Palmolive technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for Colgate Palmolive, which can be compared to its peers. Please confirm Colgate Palmolive treynor ratio, and the relationship between the variance and potential upside to decide if Colgate Palmolive is priced correctly, providing market reflects its regular price of 86.17 per share. Given that Colgate Palmolive has jensen alpha of 0.0767, we suggest you to validate Colgate Palmolive's prevailing market performance to make sure the company can sustain itself at a future point.

Colgate Palmolive Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Colgate, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Colgate
  
Colgate Palmolive's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Colgate Palmolive Analyst Consensus

Target PriceAdvice# of Analysts
81.35Buy23Odds
Colgate Palmolive current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Colgate analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Colgate stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Colgate Palmolive, talking to its executives and customers, or listening to Colgate conference calls.
Colgate Analyst Advice Details
Colgate Palmolive technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Colgate Palmolive technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Colgate Palmolive trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Colgate Palmolive Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Colgate Palmolive volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Colgate Palmolive Trend Analysis

Use this graph to draw trend lines for Colgate Palmolive. You can use it to identify possible trend reversals for Colgate Palmolive as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Colgate Palmolive price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Colgate Palmolive Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Colgate Palmolive applied against its price change over selected period. The best fit line has a slop of   0.11  , which suggests that Colgate Palmolive will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 488.65, which is the sum of squared deviations for the predicted Colgate Palmolive price change compared to its average price change.

About Colgate Palmolive Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Colgate Palmolive on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Colgate Palmolive based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Colgate Palmolive price pattern first instead of the macroeconomic environment surrounding Colgate Palmolive. By analyzing Colgate Palmolive's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Colgate Palmolive's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Colgate Palmolive specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2023 2024 (projected)
Dividend Yield0.02330.02390.0178
Price To Sales Ratio4.143.392.05

Colgate Palmolive April 16, 2024 Technical Indicators

Most technical analysis of Colgate help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Colgate from various momentum indicators to cycle indicators. When you analyze Colgate charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Colgate Palmolive is a strong investment it is important to analyze Colgate Palmolive's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Colgate Palmolive's future performance. For an informed investment choice regarding Colgate Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Colgate Palmolive. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Colgate Stock please use our How to buy in Colgate Stock guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Colgate Stock analysis

When running Colgate Palmolive's price analysis, check to measure Colgate Palmolive's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Colgate Palmolive is operating at the current time. Most of Colgate Palmolive's value examination focuses on studying past and present price action to predict the probability of Colgate Palmolive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Colgate Palmolive's price. Additionally, you may evaluate how the addition of Colgate Palmolive to your portfolios can decrease your overall portfolio volatility.
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Is Colgate Palmolive's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Colgate Palmolive. If investors know Colgate will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Colgate Palmolive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
144.537
Dividend Share
1.91
Earnings Share
2.77
Revenue Per Share
23.516
Quarterly Revenue Growth
0.069
The market value of Colgate Palmolive is measured differently than its book value, which is the value of Colgate that is recorded on the company's balance sheet. Investors also form their own opinion of Colgate Palmolive's value that differs from its market value or its book value, called intrinsic value, which is Colgate Palmolive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Colgate Palmolive's market value can be influenced by many factors that don't directly affect Colgate Palmolive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Colgate Palmolive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Colgate Palmolive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Colgate Palmolive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.