Pfizer (PFE) Closes Prior Hour Down -0.46%; in a Downtrend Over Past 14 Days

The Hourly View for PFE

Last Updated September 14, 2020, 23:10 GMT

At the time of this writing, PFE’s price is up $0.53 (1.48%) from the hour prior. This is the 2nd straight hour PFE has seen its price head down. As for the trend on the hourly timeframe, we see the clearest trend on the 20 hour timeframe. Of note is that the 50 hour changed directions on PFE; it is now pointing down. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50 and 100 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Pfizer Inc Daily Price Recap

The back and forth price flow continues for Pfizer Inc, which started today off at 36.07 US dollars, up 1.18% ($0.42) from the previous day. The change in price came along side change in volume that was up 11.26% from previous day, but down 33.37% from the Sunday of last week. Below is a daily price chart of Pfizer Inc.


Pfizer Inc Technical Analysis

Notably, Pfizer Inc is now close to its 100 and 200 day averages, located at 36.59 and 36.51 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 additional context, note that price has gone down 18 out of the past 30 days.

Overheard Around the Web

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

    $PFE, $DHR, $PRGO Comparing S&P Health Care

    Pfizer Inc. Debt to equity is 1.639
    Danaher Corp. Debt to equity is 1.050
    Perrigo Debt to equity is 1.293

    The debt-to-equity (D/E) ratio indicates how much debt a company is using to finance its assets relative to the value of shareholders’ equity.

    Based on the debt to equity, Which is best to add to my portfolio?