Pepsi (PEP) Closes Last Hour Up $0.03; Heads Down For the 2nd Day In A Row, is Inching Close to 20 Day Average

Pepsico Inc Daily Price Recap

Pepsico Inc is down 0.44% ($0.61) since the day prior, marking the 2nd day in a row a decrease has occurred. This move happened on lower volume, as yesterday’s volume was down 27.08% from the day before — and down 4.64% from the same day the week before. Let’s take a look at the daily price chart of Pepsico Inc.

PEP

Pepsico Inc Technical Analysis

Notably, Pepsico Inc is now close to its 20 and 50 day moving averages, which may act as price barrier for the asset. Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. Or to view things another way, note that out of the past 14 days Pepsico Inc’s price has gone up 7 them.

Overheard Around the Web

Here’s what one trader on StockTwits recently had to say in regards to PEP:

    $PEP Sep 08
    – Daily stock market timing forecast –
    ◆ Investing view
    => Sell – Bearish
    ◆ Search for the daily stock market timing forecast
    http://www.google.com/search?q=pretiming
    ◆ Upper~Lower stock price band for the next 10 days
    Price: 130.89 ~ 137.80
    % Change: -3.44% ~ 1.66%
    ◆ Today's Supply-Demand(S&D) strength
    => Supply-Demand strength had a strong selling flow than a flow in rising section.

    ◆ Daily Supply-Demand(S&D) strength Trend
    => In the midst of an adjustment trend of downward direction box pattern price flow marked by limited rises and downward fluctuations.

    Timing_Forecast