During Thursday's Mad Money program Jim Cramer liked Kimberly-Clark Corp. (KMB) because they make items we need to be at home. Since I have been at home since March 7 I have used a lot of their products.
Let's check out the charts.
In the daily bar chart of KMB, below, we can see that prices have recouped most of their February-March decline. KMB is back above the rising 200-day moving average line and the bottoming 50-day moving average line.
The daily On-Balance-Volume (OBV) line has come off its low and signals a shift from aggressive selling to aggressive buying. The Moving Average Convergence Divergence (MACD) oscillator is back above the zero line in bullish territory.