Procter & Gamble Company (The) stock price up 1.06% on Monday (Updated on March 08, 2021)

• Should You Gargle With Vinegar
• Should You Gamble Money
• Should You Gamble During Mercury Retrograde
• Should You Ever Gamble

Hold candidate since 2021-03-05

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Gain 1.06% PDF

The Procter & Gamble Company (The) stock price gained 1.06% on the last trading day (Monday, 8th Mar 2021), rising from $125.98 to $127.31. , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 2.85% from a day low at $125.32 to a day high of $128.90. The price has been going up and down for this period, and there has been a 0.58% gain for the last 2 weeks. Volume fell on the last day by -1 million shares and in total, 9 million shares were bought and sold for approximately $1.17 billion. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -10.91% during the next 3 months and, with a 90% probability hold a price between $108.35 and $115.08 at the end of this 3-month period.

Signals & Forecast

There are mixed signals in the stock today. The Procter & Gamble Company (The) stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term moving average at $128.36. On a fall, the stock will find some support from the short-term average at $124.33. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 months Moving Average Convergence Divergence (MACD). A buy signal was issued from a pivot bottom point on Thursday, March 04, 2021, and so far it has risen 4.22%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. The stock had a Golden Star Signal* on Wednesday, June 17, 2020 in the medium-term chart.
* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss

Procter & Gamble Company (The) finds support from accumulated volume at $126.58 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $3.58 between high and low, or 2.85%. For the last week the stock has had a daily average volatility of 2.18%.

Our recommended stop-loss:$122.19(-4.02%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 2 days ago.)

Is Procter & Gamble Company (The) stock A Buy?

Procter & Gamble Company (The) holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score:-0.158

Should You Gargle With Vinegar

Predicted Opening Price for Procter & Gamble Company (The) of Tuesday, March 9, 2021

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price March 9, 2021	Current price
$127.18	$127.31(Overvalued)

Should You Gamble Money

Stifel Nicolaus does not see either upside or downside right now giving PG 'Buy - Hold' on their last update on January 28, 2021. The price target was set to $141.00.

Should You Gamble During Mercury Retrograde

Very High
High
Medium
Low
Very Low

Should You Ever Gamble

Resistance: $128.38
Price: $127.31
Support: $126.58