Resistance

Change

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Pfizer’s stock price decreased by 0.59% over the past seven days.</a> </li> 
 <li> <span>2</span> <a>PFE (NYSE: PFE) stock’s 52-week price range is $34.66 – $54.93.</a> </li> 
 <li> <span>3</span> <a>Pfizer stock price is currently trading at $35.84 with a rise of 0.56% in the last 24 hours with a current market cap of $202.328 Billion.</a> </li> 
</ul> 
<p>Pfizer stock is currently trading at $35.84 with a nominal rise of 0.56%. In Wednesday’s trading session, PFE share price opened at $35.60. From there, it made a high of $36.60 and a low of $35.51. The share price closed at $35.84 and the total change in the stock is 0.56% with a volume of 17.21 Million.</p> 
<p>Pfizer (NYSE: PFE) has seen its stock price taking multiple rejections from the 50 SMA line which indicates the bulls are trying to rebound the share price. However, the bears are not in the mood of shifting power to the bulls.</p> 
<h2 class="wp-block-heading" id="strong-technical-analysis-of-pfizer-stock-price-in-1-d-timeframe-strong"><strong>Technical Analysis of Pfizer Stock Price in 1-D Timeframe</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh3.googleusercontent.com/G09xYaM8Uvif4WUcfywv3KKkpEp8fXsOqCn2OXs8LHt8gSYcDmaNSkeZ02FOOK1mCBOdxZ4PkPnTQS3HqBGZamPwrSD9w9tknkouqhTJTh3QDq4JZ4UPXgwgjfTr9sAM5jU5DF2TsOsOirtyBXeVxts" alt="Pfizer Stock Price Prediction: Will PFE Change the Game In 2023?"> 
  <figcaption class="wp-element-caption">
    Source: Pfizer.1D.NYSE by <a href="https://www.tradingview.com/x/S1XV062r/" rel="noopener noreferrer nofollow">TradingView</a> 
  </figcaption> 
 </figure> 
</div> 
<p>Pfizer (NYSE: PFE) stock price dropped steadily for a year. It gave a negative return of -27.96% in a span of one year. In the last six months, the price of the stock plunged 17.61% and 4.68% in the last 3 months.</p> 
<p>At present, Pfizer stock (NYSE: PFE) is trading below the 50 and 200-day simple moving averages, which are supporting the price trend.&nbsp;</p> 
<p>However, if selling volume adds up in the stock, then the price might drop more by making lower highs and lows. Hence, the PFE price is expected to move downwards giving bearish views over the daily time frame chart.</p> 
<p>The current value of RSI is 44.63 points. The 14 SMA is above the median line at 43.38 points which indicates that the Pfizer stock is bearish.</p> 
<p>The MACD line at -0.4268 and the signal line at -0.4195 are below the zero line. A bearish crossover is observed in the MACD indicator which signals more bearishness for the PFE stock price.</p> 
<h4 class="wp-block-heading"><strong>Summary</strong></h4> 
<p><a href="https://www.thecoinrepublic.com/2023/07/30/pfizer-stock-keep-pfe-stock-on-radar-quarterly-earnings-ahead/" target="_blank" rel="noopener noreferrer nofollow">Pfizer (NYSE: PFE) technical</a> oscillators support the bearish trend. The MACD, RSI, and EMA are giving negative signs and imply that the downtrend may continue in the PFE stock price. Pfizer’s price action suggests that the investors and traders are bearish on the 1-D time frame. The price action reflects a bearish perspective at the moment.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<ul> 
 <li><strong>Support Levels:</strong> Nearest support level is $ 34.10.</li> 
 <li><strong>Resistance levels:</strong> Nearest resistance level is $40.30.&nbsp;</li> 
</ul> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The analysis provided in this article is for informational and educational purposes only. Do not rely on this information as financial, investment, or trading advice. Investing and trading in stock involves risk. Please assess your situation and risk tolerance before making any investment decisions.</p>

Pfizer Stock Price Prediction: Will PFE Change the Game In 2023?

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Thecoinrepublic.com

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