PHILIP MORRIS INTERNATIONAL (PM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PM - US7181721090 - Common Stock
Taking everything into account, PM scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PM is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, PM did better than 85% of all other stocks.
- PM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PM is lagging the market slightly.
- In the last month PM has a been trading in the 153.71 - 174.28 range, which is quite wide. It is currently trading near the high of this range.
- PM has an average volume of 5625480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- PM is part of the Tobacco industry. There are 8 other stocks in this industry, PM did better than 57% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although PM has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
142.89
We found 5 important support areas.
- A support zone ranging from 160.39 to 163.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 157.16 to 157.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 151.06 to 151.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 147.80 to 147.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @144.33 from a horizontal line in the daily 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 PM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PM is up. |
| ChartMill Relative Strength | 85.62 | POSITIVE | PM has a high relative strength, it outperformed 85.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.35 | OVERBOUGHT | The high RSI value suggests PM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.37 | POSITIVE | The MACD value suggests PM has a positive trend. |
| Stochastics (14,3) | 96.08 | OVERBOUGHT | The high Stochastics value suggests PM may be overbought. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for PM suggests low volalility. |
| Average Directional Index/ADX (14) | 22.8 | NEUTRAL | The ADX value for PM suggests a possible start of a new trend. |
173.62
+1.06 (+0.61%)
PHILIP MORRIS INTERNATIONAL / PM FAQ
What is the technical rating for PM stock?
ChartMill assigns a technical rating of 10 / 10 to PM.
Can you provide the trend direction for PHILIP MORRIS INTERNATIONAL?
The current trend direction for PHILIP MORRIS INTERNATIONAL (PM) is Bullish.
What is the RSI signal for PM stock?
PHILIP MORRIS INTERNATIONAL (PM) has an RSI value of 74.3541. This indicates that the stock is currently overbought.
What is the short term momentum for PM stock?
The short term momentum for PHILIP MORRIS INTERNATIONAL (PM) is positive.
What is the buy/sell signal for PHILIP MORRIS INTERNATIONAL (PM) stock?
The buy/sell signal for PHILIP MORRIS INTERNATIONAL (PM) is buy as both the short term and long term trends are positive.