1PFE Technical Analysis - PFIZER INC

Technical Rating and Analysis

Taking everything into account, 1PFE scores 0 out of 10 in our technical rating. 1PFE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

When comparing the yearly performance of all stocks, 1PFE is a bad performer in the overall market: 84% of all stocks are doing better.

1PFE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

1PFE is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.

Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.

Warning: 1PFE has an average volume of 4436 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

1PFE is an average performer in the Pharmaceuticals industry, it outperforms 44% of 50 stocks in the same industry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

1PFE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

20.03

22.45

When analyzing the resistance we notice 3 important areas.

A resistance zone ranging from 20.34 to 20.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A resistance zone ranging from 20.94 to 21.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 22.10 to 22.23. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

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Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	DOWN	NEGATIVE	The long term trend for 1PFE.MI is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for 1PFE.MI is down.
ChartMill Relative Strength	16.6	NEGATIVE	1PFE.MI has a low relative strength, it was outperformed by 83.4% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of 1PFE.MI is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of 1PFE.MI is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of 1PFE.MI is below a declining SMA(200).
Relative Strength Index/RSI (14)	40.23	NEUTRAL	The RSI value for 1PFE.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.07	NEGATIVE	The MACD value suggests 1PFE.MI has a negative trend.
Stochastics (14,3)	17.75	OVERSOLD	The low Stochastics value suggests 1PFE.MI may be oversold.
Average True Range in percent/ATR (20)	2.15	MEDIUM VOLATILITY	The ATR as a percentage value for 1PFE.MI suggests some volalility.
Average Directional Index/ADX (14)	11.59	NEGATIVE	The low ADX value for 1PFE.MI suggests a weak or negative trend.