Pfizer Inc 4 Hour Price Update
Updated September 08, 2020 04:27 PM GMT (12:27 PM EST)
PFE’s price is down $-0.45 (-1.24%) over the past four hours of trading. To help put that in perspective, note that Pfizer Inc’s peers in the in the Pharmaceutical Products industry are down -1.9% on average during this time, while its peers in the broader Healthcare sector are down by an average of -1.49%.
Pfizer Inc Daily Price Recap
Pfizer Inc is down 0.11% ($0.04) since the day prior, marking the 2nd day in a row a decrease has occurred. The change in price came along side change in volume that was down 25.28% from previous day, but up 11.53% from the Monday of last week. The daily price chart of Pfizer Inc below illustrates.
Pfizer Inc Technical Analysis
Notably, Pfizer Inc is now close to its 50, 100 and 200 day averages, located at 36.9, 36.6 and 36.55 respectively, and thus may be at a key juncture along those timeframes. Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving down. For another vantage point, consider that Pfizer Inc’s price has gone down 18 of the previous 30 trading days. As for those who trade off of candlesticks, we should note that we’re seeing pin bar pattern appearing here.
Overheard Around the Web
Here’s what one trader on StockTwits recently had to say in regards to PFE:
To ensure its COVID19 vaccines re-main frozen at -70 degrees Celsius, $PFE created a temperature-controlled container about the size of a suitcase that can keep b/n 1K-5K doses for 10 days. Pfizer wanted to offer hospitals temporary cold storage.
Pfizer said it is working on a smaller container.
It is also developing a powder version of its COVID19 vaccine, known as a lyophilized formulation, that can be stored at warmer temperatures.