Pfizer Has Now Headed Up 4 Out of the Past 5 Days

The Daily View for Pfizer

  • At the time of this writing, PFE’s price is up $0.1 (0.26%) from the day prior.
  • Pfizer has seen its price go up 4 out of the past 5 days, thus creating some compelling opportunities for bulls.
  • If you’re a trader with a preference for rangebound markets, you may wish to note that there isn’t a clear trend on the 20, 50 and 100 day timeframes.
  • Regarding moving averages, it should first be noted that price has crossed the 20 day moving average, resulting in them so that price is now turning above it. 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.

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 $0.05 (0.14%) from the day prior.
  • It’s been a feast for bulls operating on the daily timeframe, as Pfizer has now gone up 9 of the past 10 days.
  • As for the trend on the daily timeframe, we see the clearest trend on the 50 day timeframe.
  • Price action traders may also wish to note that we see a pin bar candlestick pattern on Pfizer. Given that we see an uptrend on the 20 and 10 daily candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
  • 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