Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Pfizer's stock (PFE) fell in the intraday levels, recording a loss of 0.53% in the last session, or 0.19 points, amid negative pressure from the 50-day SMA, while the stock vents off the overbought saturation in the RSI, gathering thereafter momentum to help it rise anew, while trading within an ascending price channel that limited recent short-term trading.
Therefore we expect the stock to return higher, targeting the resistance of 36.48, as long as the support of 34.71 holds on.