Trading Signals: PM Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(Philip Morris International Inc.)
| PM latest price $84.7300 (3.8%) ($80.8800 - $84.9700) on Tue. Mar. 10, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.8% (three month average) | RSI | 45 | Latest Price | $84.7300(3.8%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | PM advances 0.3% a day on average for past five trading days. | Weekly Trend | PM declines -0.5% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support PM advance at 0% a week (0% probability) IWD(69%) SDY(69%) SPLV(69%) DIA(68%) IVE(68%) | Factors Impacting PM price | PM will decline at least -0.9% in a week (0% probabilities). VIXM(-41%) VXX(-15%) TLT(-13%) UUP(-9%) SHY(-3%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.9% (StdDev 1.8%) | Hourly BBV | 0.2 () | Intraday Trend | 1.8% | | | |
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Inflection Point | Yes | Resistance Level | $86.35 | 5 Day Moving Average | $86.05(-1.53%) | 10 Day Moving Average | $85.12(-0.46%) | 20 Day Moving Average | $86.35(-1.88%) | To recent high | -5.5% | To recent low | 3.8% | Market Cap | $131.949b | | | | Philip Morris International, Inc. is a holding company, which engages in manufacturing and sale of cigarettes, tobacco and nicotine-containing products. It operates through the following geographical segments: European Union, Eastern Europe, Middles East & Africa, South & Southeast Asia, East Asia & Australia and Latin America & Canada. The company was founded by Philip Morris in 1847 and is headquartered in New York, NY. |