PROCTER & GAMBLE Co (PG) Heads Up For the 2nd Day In A Row, in an Uptrend Over Past 14 Days; Pin Bar Pattern Appearing on Chart

PROCTER & GAMBLE Co Daily Price Recap

PROCTER & GAMBLE Co came into today up 0.02% ($0.02) from the open of the previous day, marking the 2nd day in a row an increase has occurred. As for how volume fared, yesterday’s volume was up 12.64% from the previous day (Wednesday), and up 6.27% from Thursday of the week before. The daily price chart of PROCTER & GAMBLE Co below illustrates.

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 30 days PROCTER & GAMBLE Co’s price has gone up 18 them. Also, candlestick traders! Note we see pin bar pattern appearing here as well.

Overheard Around the Web

Here’s what one trader on StockTwits recently had to say in regards to PG:

    Closing Bell for today (7/23/2020): $LLY $MDLZ $PG are our stock suggestions for selling short. More information about sell price range, charts, expected sell returns and option prices are given in our Closing Bell video (7/22/2020), 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 2)