The Hourly View for Procter and Gamble
- At the moment, PG’s price is down $-0.86 (-0.59%) from the hour prior.
- It’s been a feast for bears operating on an hourly timeframe, as Procter and Gamble has now gone down 8 of the past 10 hours.
- Regarding the trend, note that the strongest trend exists on the 100 hour timeframe.
- Regarding moving averages, it should first be noted that price has crossed the 50 hour moving average, resulting in them so that price is now turning below it. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.
Procter and Gamble’s hourly price chart is shown below.
The Daily View for Procter and Gamble
- At the time of this writing, PG’s price is down $-0.24 (-0.17%) from the day prior.
- The daily chart shows that Procter and Gamble has seen 2 straight down days.
- Regarding the trend, note that the strongest trend exists on the 100 day timeframe.
- The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
- Divergence between PG’s price and its RSI may be manifesting. As such, be on the lookout for trend reversal in PG’s price.
Below is a daily price chart of Procter and Gamble.
Latest News Discussing PG
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Not only can dividend aristo… - 3 Stocks to Buy Before the Next Recession – [email protected] (James Brumley)
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