Pepsico Inc (PEP) Down 0.89%, in an Uptrend Over Past 30 Days; Nears 20 Day Moving Average

Pepsico Inc 4 Hour Price Update

Updated August 06, 2020 04:31 PM GMT (12:31 PM EST)

PEP traders saw its share price decline -0.48% ($-0.65) over the past four hours of trading. For context, Pepsico Inc’s peers in the in the Beer & Liquor industry are down -0.34% on average in this time, while its counterparts in the broader Consumer Defensive sector are up by an average of 0.25%.

Pepsico Inc Daily Price Recap

Pepsico Inc entered today at $136.25, down 0.89% ($1.22) from the previous day. The change in price came along side change in volume that was up 14.29% from previous day, but down 14.09% from the Wednesday of last week. Here is a daily price chart of Pepsico Inc.

PEP

Pepsico Inc Technical Analysis

Coming into today the current price of Pepsico Inc is sitting close to its 20 and 200 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving up. Or to view things another way, note that out of the past 10 days Pepsico Inc’s price has gone down 6 them.

Overheard Around the Web

Over on StockTwits, here’s an example of what they’re saying about PEP:

    $PEP well. I said it before. And I took my money out but I had all of it in before. Why did you pay so much for rockstar? You should of bought the new one called bang. And before you bought soda stream. Just not very smart moves when investors look at cash flow. BAD CEO. But I still love the company in long run

    ThrasherMan