Kimberly Clark (KMB) Moves To New Highs

Posted: Monday, November 23, 2009 1:57 PM EDT

Kimberly Clark (NYSE: KMB) hit a new 52-Week high of $66.07 so far today. Currently the stock is up $0.95 (1.47%) to $65.70 on 1,440,832 shares traded. Today's high is up $22.65 from a 52-Week Low of $43.05. Kimberly Clark stock has been showing support around $64.04 and resistance in the $65.26 range. Technical indicators for the stock are neutral and S&P gives KMB a neutral 3 STARS (out of 5) hold ranking. KMB is up nicely today, and set a new 52 week high earlier in the day. If you are looking for a hedged play on KMB the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 60 range. [ABR-Seven Summits Strategic Investments NewsBite]

Click Symbol For More News On: (KMB)