PHILIP MORRIS INTERNATIONAL (PM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PM - US7181721090 - Common Stock
Overall PM gets a technical rating of 5 out of 10. In the past year, PM was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
PM has an average technical rating and the quality of the presented setup is also not ideal 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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142.88
When analyzing the support we can see 3 important areas.
- A support zone ranging from 158.19 to 161.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @151.18 from a trend line in the weekly time frame.
- A support zone ranging from 144.32 to 144.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @163.82 from a horizontal line in the daily time frame.
- Resistance @167.40 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 | NEUTRAL | NEUTRAL | The long term trend for PM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PM is neutral. |
| ChartMill Relative Strength | 78.9 | POSITIVE | PM has a high relative strength, it outperformed 78.9% 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 | MIXED | The current price of PM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.44 | NEUTRAL | The RSI value for PM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests PM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.54 | NEUTRAL | The Stochastics value for PM is a neutral value. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for PM suggests low volalility. |
| Average Directional Index/ADX (14) | 16.42 | NEGATIVE | The low ADX value for PM suggests a weak or negative trend. |
162.61
+3.8 (+2.39%)
PHILIP MORRIS INTERNATIONAL / PM FAQ
What is the technical rating for PM stock?
ChartMill assigns a technical rating of 5 / 10 to PM.
Can you provide the trend direction for PHILIP MORRIS INTERNATIONAL?
The current trend direction for PHILIP MORRIS INTERNATIONAL (PM) is Bearish.
What is the RSI signal for PM stock?
PHILIP MORRIS INTERNATIONAL (PM) has an RSI value of 60.4399. This indicates that the stock is currently neutral.
What is the short term momentum for PM stock?
The short term momentum for PHILIP MORRIS INTERNATIONAL (PM) is neutral.