Procter & Gamble price tries to gather positive momentum - Forecast today - 26-03-2024

Procter & Gamble’s stock price (PG) fell in the intraday levels amid negative signals from the RSI while gathering positive momentum to rise anew, amid the dominance of the main upward medium-term trend, with positive pressure from the 50-day SMA.

Therefore we expect the stock to return higher and target the resistance of 166.50, provided the support of 158.38 holds on.

Trend forecast: Likely Bullish