American Stocks Analysis

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 attacks positive pattern's ceiling - Analysis - 27-04-2017

Economies.com
2017-04-27 12:48PM UTC

Pfizer's stock (PFE) rose in the intraday levels, scoring a profit of 0.27% in the last session, or 0.09 points, and attacking the ceiling of a positive technical pattern that's forming currently in the short term, the Falling Wedge pattern as shown in the attached chart, coinciding with touching the resistance of the SMA for the last 50 days period, forcing it to down and trimming its gains before the close, amid an influx of positive signals from relative power indicators. 

 

Therefore we expect more gains to come for the stock, as long as the support of 33.72 holds on, targeting the resistance of 34.71. 

Stocks Technical Analysis

United States Analysis

Stocks

Dow Jones Approaches the 40,000 Barrier for the First Time in History. Predictions, Analysis, and How to Trade It
2024-05-15 15:31PM UTC
Table of Contents Technical Forecast for Dow Jones Index Price Best 2 Dow Jones Index ...
United States Analysis

Stocks

Pfizer price gathers momentum - Forecast today - 15-05-2024
2024-05-15 10:11AM UTC
Pfizer’s stock price (PFE) fell in the intraday levels, after the pivotal resistance of ...
United States Analysis

Stocks

Caterpillar price shakes off negative pressures - Forecast today - 15-05-2024
2024-05-15 10:10AM UTC
Caterpillar’s stock price (CAT) rose in the intraday levels after managing to shake off ...