Pfizer Inc (PFE) Moves Down For the 2nd Consecutive Day; in a Downtrend Over Past 30 Days

The Hourly View for PFE

Last Updated February 12, 2021, 12:46 GMT

At the moment, PFE’s price is down $-0.27 (-0.79%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved up. As for the trend on the hourly timeframe, we see the clearest trend on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Pfizer Inc Daily Price Recap

Pfizer Inc is down 0.89% ($0.31) since the previous day, marking the 2nd consecutive day it has gone down. The price move occurred on volume that was up 6.47% from the day prior, but down 63.25% from the same day the week before. Here is a daily price chart of Pfizer Inc.

PFE

Pfizer Inc Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. Or to view things another way, note that out of the past 14 days Pfizer Inc’s price has gone down 8 them.

Overheard Around the Web

Over on StockTwits, here’s an example of what they’re saying about PFE:

    $MRNA there’s an estimated 350 million people in the US. The Biden administration just ordered (not a “commitment“) 200 million more doses from Moderna and Pfizer leaving approximately 50 million people needed to be vaccinated which are mostly children and young adults left for which these vaccines still haven’t gone though approval for. So essentially by July the US will have enough vaccine to have vaccinated every adult that will take it here in the US. Guess what happens to the other players? They’ll likely have to operate in other countries assuming that they even work well. Today will be a great day for $PFE $BNTX and $MRNA and terrible for all of the others such as $NVAX which are left holding bags.
    https://www.google.com/amp/s/www.nbcnews.com/news/amp/ncna1257560

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