Pfizer suffers from negative pressures - Analysis - 22-02-2021
2021-02-22 11:42:16 GMT
(Economies.com)
Pfizer's stock (PFE) fell 0.35% in the last session while trading below the resistance of 35.46, representing the ratio 50% of Fibonacci retracement levels for an ascending wave in the medium term (from 27.90 to 43.01), with negative pressure from the 50-day SMA, coupled with negative signals from the RSI.
Therefore we expect more losses for the stock, targeting the next support at 33.69, representing the ratio 61.8% of the same retracement levels.
Expected trend for today: Bearish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1911
|
-0.0143
|
1.1851%
|
|
|
|
|
1.3838
|
-0.0097
|
0.6972%
|
|
|
|
Tadawul
|
9242.28
|
-68.88
|
0.74%
|
|
|
|
|
25.247
|
-1.621
|
6.035%
|
|
|
|
|
66.283
|
4.812
|
7.828%
|
|
|
|
|
69.56
|
2.85
|
4.27%
|
|
|
|
|
1700.790
|
-39.040
|
2.244%
|
|
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