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Uptrend ExhaustionArchive - 4/26/2024 - Sign In to see current Signals. |
Pfizer, Inc. (PFE) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Pfizer, Inc. (PFE). During the week, the PFE dropped -0.60 points, or -2.31%, and closed at 25.40 on Friday, April 26, 2024. Weekly volume was 7% above average. PFE is a member of Health Care Sector. Health Care is the second most oversold 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 downtrend had started on December 14, 2022 at 54.93 and reached 25.20 on April 26, 2024. PFE lost 29.73 points, or 54.12%, in 71 weeks. The chart has formed a Falling Wedge chart pattern. The price is near the trend support (26.22) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a long-term trend. Medium-term trend: [See PFE medium-term trend chart] A medium-term downtrend had started on January 2, 2024 at 30.28 and reached 25.20 on April 26, 2024. PFE lost 5.08 points, or 16.78%, in 16 weeks. Price is near the trend low. Weekly Technical Indicators: [See PFE weekly technical indicators chart] Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range. 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 Williams' Percentage Range help. The weekly MACD line is above its signal line since December 29, 2023. 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 22, 2024 at 26.50 and reached 25.20 on April 26, 2024. PFE lost 1.30 points, or 4.91%, in 4 days. The price is now at the 15.38% retracement level. Daily Technical Indicators: [See PFE daily technical indicators chart] Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Use the following link to access Lane's Stochastic help. The daily MACD line is below its signal line since April 24, 2024. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
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