Philip Morris Technical Analysis (NYSE:PM)
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. The Philip Morris stock price data and volume are plotted in PM stock charts and these trading charts form the basis of technical analysis.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Philip Morris. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Philip Morris stock analysis.
Philip Morris Moving Average
Moving averages show the PM stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The 20 day moving average of $81.65 is below the last closing price of $84.31 and the 50 day moving average of $80.74 is below the last closing price of $84.31. The 10 and 20 day periods can predict short term moving average trends.
Philip Morris Bollinger Bands
Bollinger bands comprise of a center line usually PM SMA, and two PM stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Philip Morris bollinger bands show that the stock price is $84.31, upper band is 84.09, lower band is 79.21, and the average is 81.65.
Philip Morris 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 Philip Morris MACD indicator is above 0 indicating a bullish trend.
Philip Morris Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of PM stock is 67.59.