Pfizer Does it Again: Heads Up for the 2nd Straight Day

The Hourly View for Pfizer

  • At the time of this writing, PFE’s price is down $-0.03 (-0.06%) from the hour prior.
  • This move is a reversal from the hour prior, which saw price move up.
  • As for the trend on the hourly timeframe, we see the clearest trend on the 100 hour timeframe.
  • Price action traders may also wish to note that we see a doji candlestick pattern on Pfizer. Given that we see an uptrend on the 20 and 10 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
  • The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Pfizer’s hourly price chart is shown below.

PFE

The Daily View for Pfizer

  • At the time of this writing, PFE’s price is up $0.18 (0.46%) from the day prior.
  • The daily chart shows that Pfizer has seen 2 straight up days.
  • As for the trend on the daily timeframe, we see the clearest trend on the 20 day timeframe.
  • The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Below is a daily price chart of Pfizer.

PFE

Featured Pfizer Idea From TradingView

Below is a trading comment entitled Buy on Break-Out – PFE [S] 2 June 2021 you may find interesting:

PFE Relative Volume: 1.08Fib Extension 0.618: Swing price target 40.13 Annual Performance: 12.32%Quarter Performance: 14.89%Monthly Performance: -0.39%Weekly Performance: 3.29% Trend Monthly: UptrendWeekly: UptrendDaily: DowntrendEMA: Potentially bullish on EMA50 breakoutSlow Stochastics: Oversold zoneRSI: Showing downtrendPut/Call Ratio: Slightly more towards CallWait for good breakout at final trading hourTF1D Break-out at 39.29 TF1H Confirmation: Green VolumeRating m w d 4h h: B B B S S

cyrule