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 price gathers momentum - Forecast today - 15-05-2024

Economies.com
2024-05-15 10:11AM UTC

Pfizer’s stock price (PFE) fell in the intraday levels, after the pivotal resistance of $28.40 held on, while gathering momentum to pierce that resistance, as it also vented off overbought saturation in the RSI, with negative signals coming out of them, as the stock is also buoyed by piercing the downward short-term trend line previously, and by trading above the 50-day SMA.

 

Therefore we expect the stock to rise and target the resistance of $31.80, provided the resistance of $28.40 holds on.

 

Trend forecast: Likely Bullish 

 

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