Trading Signals: PM Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(Philip Morris International Inc.)
| PM latest price $90.9700 (-0.6%) ($90.7800 - $91.7800) on Mon. Nov. 6, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.14% (three month average) | RSI | 41 | Latest Price | $90.9700(-0.6%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | PM advances 0.4% a day on average for past five trading days. | Weekly Trend | PM declines -0.9% a week on average for past two weeks. | Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. | Correlated ETFs | Broad market will support PM advance at 0% a week (0% probability) SPY(89%) DIA(80%) IVE(80%) SMH(74%) XLP(73%) | Factors Impacting PM price | PM will decline at least -0.57% in a week (0% probabilities). VIXM(-61%) VXX(-58%) UUP(-25%) BNDX(-10%) TLT(1%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.57% (StdDev 1.14%) | Hourly BBV | -0.4 () | Intraday Trend | -0.8% | | | |
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Resistance Level | $91.14 | 5 Day Moving Average | $90.32(0.72%) | 10 Day Moving Average | $89.93(1.16%) | 20 Day Moving Average | $91.14(-0.19%) | To recent high | -6.9% | To recent low | 4% | Market Cap | $141.666b | | | | 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. |