PROCTER & GAMBLE Co (PG) Up 0.34%; in an Uptrend Over Past 14 Days

PROCTER & GAMBLE Co 4 Hour Price Update

Updated July 30, 2020 04:27 PM GMT (12:27 PM EST)

In the past four hours of today’s trading session, PG’s price is up $2.81 (2.19%). For context, PROCTER & GAMBLE Co’s peers in the in the Consumer Goods industry are down -0.41% on average in this time, while its peers in the broader Consumer Defensive sector are down by an average of -1.13%.

PROCTER & GAMBLE Co Daily Price Recap

PROCTER & GAMBLE Co came into today up 0.34% ($0.43) from the open of the day prior, marking the 3rd day in a row it has gone up. The change in price came along side change in volume that was down 12.43% from previous day, but up 57.82% from the Wednesday of last week. The daily price chart of PROCTER & GAMBLE Co below illustrates.

PG

PROCTER & GAMBLE Co Technical Analysis

Volatility for PROCTER & GAMBLE Co has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving up. Or to view things another way, note that out of the past 10 days PROCTER & GAMBLE Co’s price has gone up 7 them.

Overheard Around the Web

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

    $PG anyone else think this is a little overblown right now? We all knew demand increased. Was that not already factored into the price? I made a 90% gain holding this one for a year and half or so. I let it go before Covid-19. Just got too expensive. I think this will hold steady in a range for awhile then drop as investors become more informed and switch to value instead of “growth.”🤣 any other thoughts?

    WoolyBully1626