Colgate-Palmolive's 15min chart shows MACD Death Cross and KDJ Death Cross

Colgate-Palmolive's 15-minute chart has recently triggered a MACD Death Cross and KDJ Death Cross, both of which occurred on July 8th, 2022 at 13:00. This development suggests that the stock price may experience further decline, as the momentum of the stock price is shifting towards the downside.

Colgate-Palmolive (NYSE:CL) experienced a notable technical development on July 8th, 2022, when its 15-minute chart triggered both the MACD (Moving Average Convergence Divergence) Death Cross and the KDJ (K line, D line, J line) Death Cross. These technical indicators, which are widely used by investors for trend analysis, suggest that the stock price may continue to decline in the near future.

The MACD Death Cross occurs when the MACD line crosses below the signal line, indicating a potential reversal of the current trend. Similarly, the KDJ Death Cross happens when the K line crosses below the D line, signaling a bearish trend. Both events suggest that the momentum of the stock price is shifting towards the downside.

Analysts have provided a mixed outlook on Colgate-Palmolive. While the stock has an average recommendation of "Hold" from 19 ratings firms [1], there is significant variation in individual analyst ratings. One analyst has rated the stock with a sell rating, nine have issued a hold rating, and nine have assigned a buy rating [2]. The average 12-month target price among brokers is $101.69.

Colgate-Palmolive recently reported its quarterly earnings, beating analysts' expectations. The company reported $0.91 earnings per share (EPS) for the quarter, compared to the consensus estimate of $0.86, and had revenue of $4.91 billion [1]. Despite this positive earnings report, the technical indicators suggest a potential downward trend.

The company has also initiated a stock repurchase program, authorizing the buyback of up to $5.00 billion in shares, and declared a quarterly dividend of $0.52 per share [1]. These actions could indicate that the company's board believes its shares are undervalued.

Institutional investors have been active in Colgate-Palmolive's stock. Several investors, including Westend Capital Management LLC, Cornerstone Planning Group LLC, and Saudi Central Bank, have increased their holdings in the first quarter [1].

Investors should carefully consider the implications of these technical indicators and the company's recent earnings report when making investment decisions. The mixed analyst ratings and the potential downward trend suggest a cautious approach.

References:
[1] https://www.marketbeat.com/instant-alerts/colgate-palmolive-company-nysecl-given-average-recommendation-of-hold-by-brokerages-2025-07-06/
[2] https://www.marketbeat.com/instant-alerts/colgate-palmolive-company-nysecl-given-consensus-rating-of-hold-by-analysts-2025-07-06/