PHILIP MORRIS INTERNATIONAL (PM) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:PM • US7181721090
Taking everything into account, PM scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, PM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that PM is one of the better performing stocks in the market, outperforming 81% of all stocks.
- PM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month PM has a been trading in the 159.18 - 186.55 range, which is quite wide. It is currently trading near the high of this range.
- PM has an average volume of 5778660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- PM is an average performer in the Tobacco industry, it outperforms 57% of 8 stocks in the same industry.
Although PM has an excellent technical rating, the quality of the presented setup is 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.
More info and screens
142.89
We found 5 important support areas.
- A support zone ranging from 173.01 to 180.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 162.49 to 163.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @153.92 from a trend line in the weekly time frame.
- Support @151.06 from a horizontal line in the daily time frame.
- Support @144.33 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 184.34 to 184.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 81.42 | POSITIVE | PM has a high relative strength, it outperformed 81.42% 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) | 71.24 | OVERBOUGHT | The high RSI value suggests PM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests PM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.45 | OVERBOUGHT | The high Stochastics value suggests PM may be overbought. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for PM suggests some volalility. |
| Average Directional Index/ADX (14) | 28.38 | POSITIVE | The high ADX value value for PM suggests a strong trend. |
182.81
+0.81 (+0.45%)
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 71.2423. 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.