Procter and Gamble (PG) Price Near $137.54; Heads Down For the 2nd Straight Day, in an Uptrend Over Past 90 Days, Eyes 20 Day Average

The Hourly View for PG

Last Updated September 17, 2020, 23:8 GMT

At the moment, PG’s price is down $-0.5 (-0.37%) from the hour prior. It’s been a feast for bears operating on an hourly timeframe, as PG has now gone down 4 of the past 5 hours. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50 and 100 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

PROCTER & GAMBLE Co Daily Price Recap

PROCTER & GAMBLE Co closed yesterday down 0.13% ($0.18); this denotes the 2nd straight day it has gone down. This move happened on lower volume, as yesterday’s volume was down 24.88% from the day before — and down 33.63% from the same day the week before. Here is a daily price chart of PROCTER & GAMBLE Co.

PG

PROCTER & GAMBLE Co Technical Analysis

Notably, PROCTER & GAMBLE Co is now close to its 20 day averages, located at 138.09 respectively, and thus may be at a key juncture along those timeframes. The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 15 out of the past 30 days.

Overheard Around the Web

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

    $COTY When $NKLA was accused of fraud their ceo right away spoke out in defense of the company. On the contrary coty gets sued for fraud for overpaying for $PG brands and kylie cosmetics and no sign of life from management. Their silence says it all. They are a disgrace to the s&p 500 and that's why they are getting kicked out. If management doesn't step up they will end up in the otc market. https://www.google.com/amp/s/www.fool.com/amp/investing/2020/09/08/kohls-ejected-from-the-sp-500-index/

    Alrey777