Pepsi (PEP) Closes Prior Hour Down -0.71%; Eyes 200 Day Average, Crosses 50, 100 and 200 Day Moving Averages
This is a reversal of the price action on the previous hour, in which price moved up.
PEP
(Last Updated October 28, 2020)
Hello! This is the news page for Pepsico Inc. Below you’ll find our daily market updates. Here’s a technical analysis summary of where things currently stand:
The Trend
On PEP, there is currently an uptrend on the 90 and 30 day timeframes.
PEP Moving Averages
The moving averages on PEP indicate a trend that is clearly bullish.
The chart below illustrates.
Pepsi (PEP) Closes Last Hour Down $-0.96; is Inching Close to 200 Day Average, Crosses 50, 100 and 200 Day Moving Averages
As for how volume fared, yesterday’s volume was up 48.08% from the previous day (tuesday), and up 55.88% from wednesday of the week before.
Pepsi (PEP) Closes Last Hour Down $-0.03; 2 Day Down Streak Snapped, is Inching Close to 20 Day Average
This move happened on lower volume, as yesterday’s volume was down 10.2% from the day before — and down 39.75% from the same day the week before.
Pepsi (PEP) Closes Prior Hour Up 0.43%; Nears 50 Day Moving Average, Crosses 20 Day Moving Average, Moves Down For the 2nd Straight Day
The price move occurred on stronger volume; specifically, yesterday’s volume was up 19.91% from the day prior, and up 0.03% from the same day the week before.
Pepsi (PEP) Price Near $139.55; Nears 20 Day Moving Average, in an Uptrend Over Past 30 Days, Pin Bar Pattern Appearing on Chart
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe.
Pepsi (PEP) Closes Prior Hour Up 0.02%; Nears 20 Day Moving Average, in an Uptrend Over Past 30 Days, Pin Bar Pattern Appearing on Chart
The change in price came along side change in volume that was up 7.35% from previous day, but down 35.93% from the thursday of last week.
Pepsi (PEP) Price Near $139.57; Pin Bar Pattern Appearing on Chart
This is a reversal of the price action on the previous hour, in which price moved up.
Pepsi (PEP) Price Near $139.87; in an Uptrend Over Past 30 Days, Evening Star Pattern Appearing on Chart
Given that we see downtrend on the 20 and 10 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
Pepsi (PEP) Closes Last Hour Up $0.11; Evening Star Pattern Appearing on Chart, in an Uptrend Over Past 30 Days
It’s been a feast for bears operating on an hourly timeframe, as pep has now gone down 4 of the past 5 hours.
Pepsi (PEP) Closes Last Hour Down $-0.50; Pin Bar Pattern Appearing on Chart, 2 Day Down Streak Broken
This move is a reversal from the hour prior, which saw price move up.