PFE Technical Analysis - PFIZER INC

Technical Rating and Analysis

Taking everything into account, PFE scores 0 out of 10 in our technical rating. PFE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

When comparing the yearly performance of all stocks, PFE is a bad performer in the overall market: 89% of all stocks are doing better.

PFE is one of the lesser performing stocks in the Pharmaceuticals industry. 67% of 50 stocks in the same industry do better.

PFE 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.

In the last month PFE has a been trading in the 20.16 - 21.55 range, which is quite wide. It is currently trading near the lows of this range.

Volume is considerably higher in the last couple of days.

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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

Although the technical rating is bad, PFE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 19.86, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

19.66

23.75

We found 1 important support area.

Support @19.86 from a horizontal line in the daily time frame.

We can see 4 important resistance areas.

A resistance zone ranging from 20.33 to 21.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 21.46 to 21.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
A resistance zone ranging from 22.13 to 22.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @23.51 from a trend line in the weekly time frame.

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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 PFE.DE is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for PFE.DE is down.
ChartMill Relative Strength	11.06	NEGATIVE	PFE.DE has a low relative strength, it was outperformed by 88.94% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of PFE.DE is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of PFE.DE is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of PFE.DE is below a declining SMA(200).
Relative Strength Index/RSI (14)	39.3	NEUTRAL	The RSI value for PFE.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.03	NEGATIVE	The MACD value suggests PFE.DE has a negative trend.
Stochastics (14,3)	19.61	OVERSOLD	The low Stochastics value suggests PFE.DE may be oversold.
Average True Range in percent/ATR (20)	1.67	LOW VOLATILITY	The low ATR as a percentage value for PFE.DE suggests low volalility.
Average Directional Index/ADX (14)	10.95	NEGATIVE	The low ADX value for PFE.DE suggests a weak or negative trend.