PROCTER & GAMBLE CO/THE (PG) Stock Technical Analysis
NYSE:PG • US7427181091
Overall PG gets a technical rating of 8 out of 10. Although PG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- PG is part of the Household Products industry. There are 12 other stocks in this industry, of which 63% are performing better than PG.
- The long and short term trends are both positive. This is looking good!
- In the last month PG has a been trading in the 149.15 - 167.25 range, which is quite wide. It is currently trading near the high of this range.
- PG has an average volume of 11275500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, PG outperforms 52% of them, which is more or less in line with the market.
- PG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PG is lagging the market.
Although PG has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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136.96
When analyzing the support we can see 3 important areas.
- A support zone ranging from 159.66 to 162.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @156.85 from a horizontal line in the daily time frame.
- Support @138.34 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @175.59 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for PG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PG is up. |
| ChartMill Relative Strength | 52.23 | NEUTRAL | PG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.98 | OVERBOUGHT | The high RSI value suggests PG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests PG has a positive trend. |
| Stochastics (14,3) | 80.04 | OVERBOUGHT | The high Stochastics value suggests PG may be overbought. |
| Average True Range in percent/ATR (20) | 1.9 | LOW VOLATILITY | The low ATR as a percentage value for PG suggests low volalility. |
| Average Directional Index/ADX (14) | 35.42 | POSITIVE | The high ADX value value for PG suggests a strong trend. |
167.2
+3.45 (+2.11%)
PROCTER & GAMBLE CO/THE / PG FAQ
Can you provide the ChartMill technical rating for PROCTER & GAMBLE CO/THE?
ChartMill assigns a technical rating of 8 / 10 to PG.
What is the current trend direction of PROCTER & GAMBLE CO/THE (PG) stock?
The current trend direction for PROCTER & GAMBLE CO/THE (PG) is Bullish.
Can you provide the RSI signal for PROCTER & GAMBLE CO/THE?
PROCTER & GAMBLE CO/THE (PG) has an RSI value of 71.9812. This indicates that the stock is currently overbought.
Can you provide the short term momentum for PROCTER & GAMBLE CO/THE?
The short term momentum for PROCTER & GAMBLE CO/THE (PG) is positive.
Can you provide the buy/sell signal for PROCTER & GAMBLE CO/THE?
The buy/sell signal for PROCTER & GAMBLE CO/THE (PG) is buy as both the short term and long term trends are positive.