The Clorox Company (CLX) advanced in recent intraday trading as it continued its attempts to break above the key and stubborn resistance level at $96.65. The stock remains supported by trading above its 50-day Simple Moving Average (SMA), which is providing dynamic support and helping to sustain positive momentum. This bullish setup is further reinforced by a short-term corrective uptrend, with price action continuing to move alongside a supportive ascending trendline. Meanwhile, momentum indicators continue to generate positive signals in the background.

Therefore, our outlook remains bullish for the stock's upcoming trading sessions, particularly if it succeeds in breaking above the $96.65 resistance level. A confirmed breakout could pave the way for a move toward the next resistance target at $104.85.

Today's price forecast: Bullish.