PFE Forecast and Technical Stock Analysis
Buy candidate since 2019-12-04 Gain 0.89% PDF
Pfizer Inc gained 0.42% in the last trading day ( Tuesday, 10th Dec 2019 ), rising from $38.32 to $38.48 , and has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 1.03% from a day low at $38.19 to a day high of $38.58. The price has been going up and down for this period, and there has been a -0.52% loss for the last 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 5.95 million more shares were traded than the day before. In total, 18.16 million shares bought and sold for approximately $698.88 million.
- 30 day high of the PFE stock price was $38.88 and low was $36.30.
- 90 day high was $38.94 and low was $34.60.
- 52 week high for Pfizer Inc - $44.90 and low - $33.97.
Pfizer Inc lies in the middle of a weak 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 6.47% during the next 3 months and, with 90% probability hold a price between $38.90 and $42.11 at the end of this period.
Only positive signals in the chart today. Pfizer Inc holds buy signals from both short- and long-term moving averages. In addition, 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 $38.23 and $37.66. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday December 05, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 60 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Pfizer Inc finds support from accumulated volume at $38.29.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.39 (1.03%) between high and low. For the last week, the stock has had daily average volatility of 1.02%.
Our recommended stop-loss: $36.32 (-5.61%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 3 days ago.)
1.02 %Average volatility
Very Low Low Medium High Very High
Pfizer Inc holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since last evaluation from a Buy Candidate to a Strong Buy Candidate candidate.
|PFE $38.48 ($0.16 0.42%)|
PFE is up $0.16 today, but where's it headed in 2020?
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