Trading Signals: PM Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(Philip Morris International Inc.)
| PM latest price $82.7900 (1.61%) ($81.2900 - $82.9200) on Thu. Dec. 31, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.65% (three month average) | RSI | 38 | Latest Price | $82.7900(1.61%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | PM advances 0.2% a day on average for past five trading days. | Weekly Trend | PM declines -1.6% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Growth stock sell-off for small cap. | Correlated ETFs | Broad market will support PM advance at 0% a week (0% probability) SPLV(54%) SDY(52%) IVE(51%) IWD(51%) DIA(49%) | Factors Impacting PM price | PM will decline at least -0.825% in a week (0% probabilities). VIXM(-23%) UUP(-23%) VXX(-5%) IGOV(-5%) TBT(-4%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.825% (StdDev 1.65%) | Hourly BBV | 2.2 () | Intraday Trend | 1.6% | | | |
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Inflection Point | Yes | Resistance Level | $83.21 | 5 Day Moving Average | $82.23(0.68%) | 10 Day Moving Average | $83.07(-0.34%) | 20 Day Moving Average | $83.21(-0.5%) | To recent high | -3.8% | To recent low | 18.2% | Market Cap | $128.927b | | | | 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. |