Stock of Interest

Posted On: August 7, 2023

Stock Report: COLPAL (NSE) 04 Aug 2023 

Colgate-Palmolive Company is an American multinational consumer products company headquartered in New York City. It was founded in 1806 by William Colgate and initially produced starch, soap, and candles. Over the years, the company expanded its product range to include toothpaste, soap, and other household, healthcare, personal care, and veterinary products. In 1917, the B. J. Johnson Company, known for its Palmolive soap, merged with Colgate, creating the “Colgate Palmolive Peet Company,” which later became known as the Colgate-Palmolive Company. Today, Colgate-Palmolive is a global leader in its industry, offering a wide range of consumer products worldwide.

#xCalData predicts that #COLPAL will continue its bullish phase over the next five days and trend within the range of 1948 to 2133. 

In comparison to the previous month, the price of the stock has experienced an increase of 11.25% indicating a bullish.   

The Stock has doubled Once since 08 Sep 2015 and took an average of 5.9 years to double.  

The stock has not shown seasonality trend in the past. 

Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 3 years in the past. 

Majority of the technical ratios trend towards Bullish side of the spectrum.  

Collectively, xCalData suggests the stock would be in Bullish zone for next 5 days. 

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