Pfizer Inc (PFE) Heads Down For the 4th Day In A Row

Pfizer Inc Daily Price Recap

Pfizer Inc came into today down 0.5% ($0.19) from the open of the previous day, marking the 4th day in a row it has gone down. The change in price came along side change in volume that was down 7.96% from previous day, but up 104.61% from the Thursday of last week. The daily price chart of Pfizer Inc below illustrates.


Pfizer Inc Technical Analysis

Coming into today Pfizer Inc is now close to its 20 day averages, located at 38.34 respectively, and thus may be at a key juncture along those timeframes. Volatility for Pfizer Inc has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. For another vantage point, consider that Pfizer Inc’s price has gone down 9 of the previous 14 trading days.

Overheard Around the Web

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

    We at IBIO can’t relate😂😂

    Executives from Moderna and Pfizer on Wednesday separately told the Centers for Disease Control and Prevention’s Advisory Committee on Immunization Practice on Wednesday that mRNA-1273, which is Moderna’s coronavirus vaccine candidate, requires a storage temperature of negative 4 degrees Fahrenheit. BioNTech and Pfizer’s candidates, BN1162b2 and BNT162b2, need to be stored in negative 94 degrees Fahrenheit.
    “These storage conditions would make traditional office or pharmacy administration very difficult,” SVB Leerink analysts wrote in a note to investors on Thursday. “These conditions could be met at tertiary hospitals and laboratories and could be accommodated in intensive one-day vaccination events at such sites, but this would still only cover a fraction of the healthy population.”