Pfizer Inc (PFE) 2 Day Up Streak Snapped

Pfizer Inc 4 Hour Price Update

Updated August 25, 2020 04:38 PM GMT (12:38 PM EST)

PFE’s price is down $-0.6 (-1.53%) 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 up 0.94% on average during this time, while the broader Healthcare sector is up by an average of 0.5%.

Pfizer Inc Daily Price Recap

The back and forth price flow continues for Pfizer Inc, which started today off at 38.84 US dollars, down 0.1% ($0.04) from the previous day. The price move occurred on volume that was down 2.76% from the day prior, but up 61.44% from the same day the week before. Let’s take a look at the daily price chart of Pfizer Inc.

PFE

Pfizer Inc Technical Analysis

The first thing we should note is that Pfizer Inc is now close to its 20 day moving averages, which may act as price barrier for the asset. 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. The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 16 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 On Volume watch as this could be that final hammer after suppression by the MM…. Final Hammer to the real reversal^^^. Always possible to close the week up strong now. Next bit of news just might gap this well into the 40's. Action is looking good^^^^^^

    BLAHHHHHHHH