Pepsi Does it Again: Heads Down for the 2nd Straight Day

The Hourly View for Pepsi

  • Currently, PEP’s price is up $0.19 (0.13%) from the hour prior.
  • This move is a reversal from the hour prior, which saw price move down.
  • If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe.
  • 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.

Pepsi’s hourly price chart is shown below.

PEP

The Daily View for Pepsi

  • At the time of this writing, PEP’s price is down $-0.43 (-0.29%) from the day prior.
  • The daily chart shows that Pepsi has seen 2 straight down days.
  • If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 100 day timeframe.
  • The moving averages on the daily 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.

Below is a daily price chart of Pepsi.

PEP

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