The Greedy Trader Weekly Analysis
Sign In May 22, 2020
Skip Navigation Links
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 5/15/2020 -
Sign In to see current Signals.

Pfizer, Inc. (PFE)

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorBroken trend support lineLane's Stochastic is overboughtStochastic has declined below the signal line
Daily :
Move cursor over the icon to see details.

It was a first positive week for the Pfizer, Inc. (PFE). During the week, the PFE gained 0.54 points, or 1.45%, and closed at 37.76 on Friday, May 15, 2020. Weekly volume was -38% below average.

PFE is a member of Health Care Sector. Health Care is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See PFE long-term trend chart]
A long-term uptrend had started on March 2, 2009 at 11.62 and reached 46.47 on December 4, 2018. PFE gained -34.85 points, or -299.91%, in 509 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (41.57) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.

Medium-term trend: [See PFE medium-term trend chart]
A medium-term downtrend had started on December 4, 2018 at 46.47 and reached 27.88 on March 23, 2020. PFE lost 18.59 points, or 40.00%, in 67 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 23.71 and resistance is at 39.76. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See PFE weekly technical indicators chart]
Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.

The weekly MACD line is above its signal line since April 17, 2020. Use the following link to access a MACD help.

Short-term trend: [See PFE short-term trend chart]
A short-term downtrend had started on April 28, 2020 at 39.22 and reached 36.59 on May 13, 2020. PFE lost 2.63 points, or 6.71%, in 15 days. The price is now at the 44.49% retracement level.

Daily Technical Indicators: [See PFE daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since May 6, 2020. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 46.08
Williams' Percentage Range (W%R) 32.70
Lane's Stochastic (%D-Slow) 40.31
Greed/Fear Indicator (GFI) 51.22
Moving Average Converg./Diverg. (MACD) 0.87
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 49.34
Williams' Percentage Range (W%R) 23.00
Lane's Stochastic (%D-Slow) 87.22
Overbought
Greed/Fear Indicator (GFI) 71.99
Moving Average Converg./Diverg. (MACD) -0.92
Trading Signals
Description Value Chart
Yearly Trendline Support 41.57
Quarterly Trendline Resistance 39.76
Upper Bollinger Band 38.71
Parabolic System 38.62
Weekly Stochastic Crossing 37.97
Price 37.76
20 Day Moving Average 37.47
Daily Stochastic Crossing 37.46
Lower Bollinger Band 35.49
50 Day Moving Average 34.69
Sector and Industry
Description Name Rank
Sector Health Care 12
Industry Pharmaceuticals 114
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 39.22
High Date 04/28/2020
Low 36.59
Low Date 05/13/2020
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 27.88
Low Date 03/23/2020
High 39.22
High Date 04/28/2020
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 40.97
High Date 01/24/2020
Low 27.88
Low Date 03/23/2020
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 39.76
Support 23.71
High 46.47
High Date 12/04/2018
Low 27.88
Low Date 03/23/2020
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 50.28
Support 41.57
Low 11.62
Low Date 03/02/2009
High 46.47
High Date 12/04/2018
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2018 All rights reserved.