Pepsi Does it Again: Heads Up for the 5th Straight Day

The Hourly View for Pepsi

  • Currently, PEP’s price is up $0.43 (0.29%) from the hour prior.
  • This is the 2nd hour in a row Pepsi has seen its price head up.
  • As for the trend on the hourly timeframe, we see the clearest trend on the 50 hour timeframe.
  • Of note is that the 20 hour changed directions on PEP; it is now pointing up. 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

  • Currently, PEP’s price is up $0.58 (0.39%) from the day prior.
  • Pepsi has seen its price go up 5 out of the past 5 days, thus creating some compelling opportunities for bulls.
  • As for the trend on the daily timeframe, we see the clearest trend 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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