PepsiCo, Inc. Stock Forecast
Red day on Friday for PepsiCo, Inc.
(Updated on Jun 28, 2024)
The PepsiCo, Inc. stock price fell by -0.529% on the last day (Friday, 28th Jun 2024) from 155.08€ to 154.26€. It has now fallen 5 days in a row. During the last trading day the stock fluctuated 1.19% from a day low at 154.26€ to a day high of 156.10€. The price has been going up and down for this period, and there has been a 0.52% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -93 shares and in total, 797 shares were bought and sold for approximately 122.95€ thousand.
The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -2.99% during the next 3 months and, with a 90% probability hold a price between 145.46€ and 160.79€ at the end of this 3-month period.
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PEP.F Signals & Forecast
There are mixed signals in the stock today. The PepsiCo, Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at 155.81€ and 159.38€. A break-up above any of these levels will issue buy signals. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. A buy signal was issued from a pivot bottom point on Wednesday, June 12, 2024, and so far it has risen 2.21%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for PepsiCo, Inc. stock
PepsiCo, Inc. finds support from accumulated volume at 153.88€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved 1.84€ between high and low, or 1.19%. For the last week the stock has had daily average volatility of 1.12%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (PEP.F) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect PepsiCo, Inc. to open at 154.87€, and during the day (based on 14 day Average True Range), to move between 151.84€ and 156.68€, which gives a possible trading interval of +/-2.42€ (+/-1.57%) up or down from last closing price. If PepsiCo, Inc. takes out the full calculated possible swing range there will be an estimated 3.14% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 153.88€ (0.25%) than the resistance at 156.02€ (1.14%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is PepsiCo, Inc. stock A Buy?
PepsiCo, Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -1.769 Sell Candidate Unchanged
Predicted Opening Price for PepsiCo, Inc. of Monday, July 1, 2024
Fair opening price July 1, 2024 | Current price |
---|---|
154.87€ ( 0.398%) | 154.26€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for PEP.F
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 156.71 | 1.59% |
R2 | 156.01 | 1.13% |
R1 | 155.58 | 0.85% |
Price | 154.26 | |
S1 | 154.17 | -0.0580% |
S2 | 153.74 | -0.340% |
S3 | 153.03 | -0.795% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 165.44 | 7.25% |
R2 | 161.26 | 4.54% |
R1 | 156.02 | 1.14% |
Price | 154.26 | |
S1 | 153.88 | -0.246% |
S2 | 153.46 | -0.519% |
S3 | 151.32 | -1.91% |
PEP Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Jun 07, 2024 | Jun 07, 2024 | Jun 28, 2024 | 1.26€ | 0% |
2 | Feb 29, 2024 | Feb 29, 2024 | Apr 01, 2024 | 1.17€ | 0% |
3 | Nov 30, 2023 | Nov 30, 2023 | Jan 05, 2024 | 1.27€ | 0% |
4 | Aug 31, 2023 | Aug 31, 2023 | Aug 31, 2023 | 1.27€ | 0% |
5 | Jun 01, 2023 | Jun 01, 2023 | Jun 01, 2023 | 1.27€ | 0% |
FAQ
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