Procter & Gamble returns lower - Analysis - 20-09-2022

Economies.com
2022-09-20 12:19PM UTC

Procter & Gamble's stock (PG) returned lower in the intraday levels, amid the dominance of the downward short-term trend, with negative signals from the RSI, amid negative pressure from the 50-day SMA. 

 

Therefore we expect the stock to decline and target the pivotal support of 129.50, provided it holds below 138.20. 

 

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Expected trend for today: Bearish

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