RSI low/high Values: [ 25 - 75 ]
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AI Analysis of PG
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Procter & Gamble stock downgraded from Strong Buy Candidate to Buy Candidate after Thursday trading session.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Feb 13, 2024 Gain 3.83% PDF

The Procter & Gamble stock price fell by -0.221% on the last day (Thursday, 28th Mar 2024) from $162.61 to $162.25. During the last trading day the stock fluctuated 0.88% from a day low at $161.70 to a day high of $163.13. The price has fallen in 6 of the last 10 days but is still up by 0.46% over the past 2 weeks. Volume has increased on the last day by 1 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 7 million shares were bought and sold for approximately $1.17 billion.

The stock lies in the middle of a narrow and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 10.12% during the next 3 months and, with a 90% probability hold a price between $175.70 and $182.48 at the end of this 3-month period.

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PG Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Wednesday, March 27, 2024, and so far it has fallen -0.221%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. The Procter & Gamble stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $161.59 and $159.99. A breakdown below any of these levels will issue sell signals. The stock had a Golden Star Signal on Wednesday, November 22, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Wednesday, November 22, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Procter & Gamble stock

Procter & Gamble finds support from accumulated volume at $161.38 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.43 between high and low, or 0.88%. For the last week the stock has had daily average volatility of 0.83%.

Our recommended stop-loss: $157.60 (-2.86%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (PG) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Procter & Gamble Company (The) to open at $162.36, and during the day (based on 14 day Average True Range), to move between $160.68 and $163.82, which gives a possible trading interval of +/-$1.57 (+/-0.97%) up or down from last closing price. If Procter & Gamble Company (The) takes out the full calculated possible swing range there will be an estimated 1.93% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $162.30 (0.03%) than the support at $161.38 (0.54%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Procter & Gamble Company (The) stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Procter & Gamble stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

Current score: 1.157 Buy Candidate Downgraded

Predicted Opening Price for Procter & Gamble Company (The) of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$162.36 ( 0.0678%) $162.25

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for PG

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 163.79 0.95 %
R2 163.24 0.612 %
R1 162.91 0.404 %
Current price: 162.25
Support S1 161.81 -0.269 %
S2 161.48 -0.477 %
S3 160.93 -0.81 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 162.61 0.222 %
R1 162.30 0.0308 %
Current price 162.25
Support S1 161.38 -0.536%
S2 153.98 -5.10%
S3 149.94 -7.59%

PG Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 09, 2024 Jan 18, 2024 Feb 15, 2024 $0.94 0.599%
2 Oct 10, 2023 Oct 19, 2023 Nov 15, 2023 $0.94 0.621%
3 Jul 11, 2023 Jul 20, 2023 Aug 15, 2023 $0.94 0.608%
4 Apr 11, 2023 Apr 20, 2023 May 15, 2023 $0.94 0.603%
5 Jan 10, 2023 Jan 19, 2023 Feb 15, 2023 $0.91 0.657%

FAQ

What is the symbol for Procter & Gamble Stock and on which exchange is it traded?
The symbol for Procter & Gamble is PG and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Procter & Gamble Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Procter & Gamble stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

How to buy Procter & Gamble Stock?
Procter & Gamble Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Procter & Gamble Stock.

What's the current price of Procter & Gamble Stock?
As of the end of day on the 2024-03-28, the price of an Procter & Gamble (PG) share was $162.25.

What is the 52-week high and low for Procter & Gamble Stock?
The 52-week high for Procter & Gamble Stock is $163.13 and the 52-week low is $141.45.

What is the market capitalization of Procter & Gamble Stock?
As of the 2024-03-28, the market capitalization of Procter & Gamble is 381.777B.

When is the next earnings date for Procter & Gamble?
The upcoming earnings date for Procter & Gamble is Apr 19, 2024.
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About Procter & Gamble Company (The)

Procter & Gamble The Procter & Gamble Company provides branded consumer packaged goods to consumers in North and Latin America, Europe, the Asia Pacific, Greater China, India, the Middle East, and Africa. It operates in five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments; and antiperspirants and deodorants, personal cleansing, and skin ca... PG Profile

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