PHILIP MORRIS INTL. INC
PHILIP MORRIS INTL. INC
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: PM
ISIN:

PHILIP MORRIS INTL. INC - 1H - Technical analysis published on 07/22/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
11%
50%
39%
My opinion
Bullish above 104.84 USD
My targets
109.18 USD (+1.94%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 104.84 USD remains possible. It is advisable to trade PHILIP MORRIS INTL. INC with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 104.84 USD. The next bullish objective for buyers is set at 109.18 USD. A bullish break in this resistance would boost the bullish momentum. PS: if there is a bearish break in the support located at 104.84 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.
Force
0
10
1.3

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The PHILIP MORRIS INTL. INC rating is 107.10 USD. The price registered a decrease of -0.02% on the session and was traded between 106.97 USD and 107.72 USD over the period. The price is currently at +0.12% from its lowest and -0.58% from its highest.

106.97
107.72
107.10

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this PHILIP MORRIS INTL. INC chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, only 9 technical indicators out of 18 studied are currently bearish. The Central Indicators scanner found no further results concerning independent technical indicators.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour



The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 100.23 102.95 104.84 107.10 107.38 109.18
Change (%) -6.41% -3.87% -2.11% - +0.26% +1.94%
Change -6.87 -4.15 -2.26 - +0.28 +2.08
Level Major Intermediate Minor - Minor Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard104.94105.95106.54107.55108.14109.15109.74
Camarilla106.68106.83106.97107.12107.27107.41107.56
Woodie104.72105.85106.32107.45107.92109.05109.52
Fibonacci105.95106.57106.94107.55108.17108.54109.15


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard100.57102.71104.91107.05109.25111.39113.59
Camarilla105.93106.32106.72107.12107.52107.92108.31
Woodie100.61102.73104.95107.07109.29111.41113.63
Fibonacci102.71104.37105.39107.05108.71109.73111.39


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard92.8795.4598.39100.97103.91106.49109.43
Camarilla99.81100.32100.82101.33101.84102.34102.85
Woodie93.0595.5498.57101.06104.09106.58109.61
Fibonacci95.4597.5698.86100.97103.08104.38106.49

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 49.77
MACD (12,26,9): 0.1600
Directional Movement: 3.45
AROON (14): -71.43
DEMA (21): 107.78
Parabolic SAR (0,02-0,02-0,2): 108.08
Elder Ray (13): -0.04
Super Trend (3,10): 106.87
Zig ZAG (10): 107.29
VORTEX (21): 0.9500
Stochastique (14,3,5): 15.50
TEMA (21): 107.34
Williams %R (14): -82.14
Chande Momentum Oscillator (20): -0.92
Repulse (5,40,3): -0.4500
ROCnROLL: -1
TRIX (15,9): 0.0500
Courbe Coppock: 1.95
MA7: 106.76
MA20: 103.72
MA50: 101.49
MA100: 96.41
MAexp7: 107.36
MAexp20: 107.44
MAexp50: 106.50
MAexp100: 105.05
Price / MA7: +0.32%
Price / MA20: +3.26%
Price / MA50: +5.53%
Price / MA100: +11.09%
Price / MAexp7: -0.24%
Price / MAexp20: -0.32%
Price / MAexp50: +0.56%
Price / MAexp100: +1.95%

Quotes : - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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