PROCTER & GAMBLE Co (PG) Up 1.14%, in an Uptrend Over Past 30 Days; Price Base in Formation Over Past 14 Days

PROCTER & GAMBLE Co 4 Hour Price Update

Updated June 19, 2020 04:38 PM GMT (12:38 PM EST)

The price of PG increased $0.8 (0.67%) over the past four hours. To help put that in perspective, note that PROCTER & GAMBLE Co’s peers in the in the Consumer Goods industry are up 1.64% on average during this time, while its counterparts in the broader Consumer Defensive sector are up by an average of 1.1%.

PROCTER & GAMBLE Co Daily Price Recap

PROCTER & GAMBLE Co entered today at $119.28, up 1.14% ($1.35) from yesterday. The change in price came along side change in volume that was down 2.35% from previous day, but up 10.99% from the Thursday of last week. Below is a daily price chart of PROCTER & GAMBLE Co.

PROCTER & GAMBLE Co Technical Analysis

Notably, PROCTER & GAMBLE Co is now close to its 100 and 200 day averages, located at 117.3 and 120.02 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 30 day horizon; over that time period, price has been moving up. Also of note is that on a 14 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward. 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 PG:

    Midday: $CMCSA $EL $PG are our stock suggestions for buying long. More information about buy price range, charts, expected buy returns and option prices are given in our Midday video (6/18/2020), only on JusTrading YouTube channel, check it out. If you would like our daily suggested stocks report, you can join us on Patreon as Collaborator, Supporter or Winner. Thank You! (Part 3)