Pepsico Inc (PEP) Up 0.56%, in an Uptrend Over Past 30 Days; Pin Bar Pattern Appearing on Chart

Pepsico Inc Daily Price Recap

Pepsico Inc is up 0.56% ($0.77) since the previous day, marking a reversal from the day prior — and the end of a 3 day negative run. This move happened on lower volume, as yesterday’s volume was down 9.4% from the day before — and down 22.62% from the same day the week before. Here is a daily price chart of Pepsico Inc.


Pepsico Inc Technical Analysis

Notably, the current price of Pepsico Inc is sitting close to its 20 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 20 out of the past 30 days. And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well. Rejoice!

Overheard Around the Web

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

    $PEP Aug 03
    – Daily stock market timing forecast –
    ◆ Investing view
    => Buy – Bullish
    ◆ Search for the daily stock market timing forecast
    ◆ Upper~Lower stock price band for the next 10 days
    Price: 135.96 ~ 139.84
    % Change: -0.54% ~ 2.30%
    ◆ Today's Supply-Demand(S&D) strength
    => Supply-Demand strength has changed from a strong buying flow to a suddenly strengthening selling flow.

    ◆ Daily Supply-Demand(S&D) strength Trend
    => About to begin an adjustment trend as a upward trend gradually gives way to a slowdown in rises and falling fluctuations