PHILIP MORRIS INTERNATIONAL (PM) Technical Analysis
NYSE:PM • US7181721090
Taking everything into account, PM scores 5 out of 10 in our technical rating. PM has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- In the last month PM has a been trading in the 167.94 - 191.30 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- PM has an average volume of 5279670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- Looking at the yearly performance, PM did better than 73% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- PM is part of the Tobacco industry. There are 8 other stocks in this industry, PM did better than 57% of them.
- PM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PM is lagging the market.
PM has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
142.88
We found 3 important support areas.
- Support @156.66 from a trend line in the weekly time frame.
- Support @151.06 from a horizontal line in the daily time frame.
- A support zone ranging from 144.32 to 144.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 187.52 to 189.81. 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 | DOWN | NEGATIVE | The short term trend for PM is down. |
| ChartMill Relative Strength | 73.59 | POSITIVE | PM has a high relative strength, it outperformed 73.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PM is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.86 | NEUTRAL | The RSI value for PM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.2 | NEGATIVE | The MACD value suggests PM has a negative trend. |
| Stochastics (14,3) | 14.63 | OVERSOLD | The low Stochastics value suggests PM may be oversold. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for PM suggests some volalility. |
| Average Directional Index/ADX (14) | 27.21 | POSITIVE | The high ADX value value for PM suggests a strong trend. |
PM Technicals: Chart, Performance Metrics, Trend & Indicators
169.7
-9.34 (-5.22%)
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 Bullish.
What is the RSI signal for PM stock?
PHILIP MORRIS INTERNATIONAL (PM) has an RSI value of 34.8609. 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 negative.
What is the buy/sell signal for PHILIP MORRIS INTERNATIONAL (PM) stock?
The buy/sell signal for PHILIP MORRIS INTERNATIONAL (PM) is hold as the short term and long term trends are mixed.