P&G Technical Analysis (NYSE:PG)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. Just by looking at the P&G stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the PG stock chart which creates a trading signal.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for P&G. Technical analysis uses an approach for P&G stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
P&G Moving Average:
Moving averages show the average price of PG stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $92.99 is above the last closing price of $92.64 and the 50 day moving average of $91.48 is below the $92.64 price. The 10 and 20 day periods can predict short term moving average trends.
P&G Bollinger Bands:
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the PG stock. P&G bollinger bands show that the stock price is $92.64, upper band is 63.96, lower band is 60.74, and the average is 62.35.
P&G Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The P&G MACD indicator can be used to identify bullish and bearish trends for the stock.
P&G Relative Strength Index:
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 53.13 is the RSI value of PG stock. .