PHILIP MORRIS INTL. INC

- USD (-)

- 15 min delayed data - NYSE Stocks

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Change:	-
Volume:	-

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High / Low range:	-

Type:	Stocks
Ticker:	PM
ISIN:

PHILIP MORRIS INTL. INC - 1H - Technical analysis published on 08/16/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

50%

11%

39%

My opinion

Bullish above 113.56 USD

My targets

118.26 USD (+0.40%)

120.52 USD (+2.32%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on PHILIP MORRIS INTL. INC as long as the price remains well above 113.56 USD. The buyers' bullish objective is set at 118.26 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 120.52 USD. If there is any crossing, the next objective would be the resistance located at 123.07 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.3

Comment on the analysis

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.

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Additional analysis

Quotes

The PHILIP MORRIS INTL. INC rating is 117.79 USD. On the day, this instrument lost -0.09% and was traded between 117.23 USD and 118.40 USD over the period. The price is currently at +0.48% from its lowest and -0.52% from its highest.

117.23

118.40

117.79

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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

Technical analysis of this 1H chart of PHILIP MORRIS INTL. INC indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further increase is slight given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	101.67	106.69	113.56	117.79	117.82
Change (%)	-13.69%	-9.42%	-3.59%	-	+0.03%
Change	-16.12	-11.10	-4.23	-	+0.03
Level	Minor	Minor	Intermediate	-	Major

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
Standard	115.68	116.14	117.02	117.48	118.36	118.82	119.70
Camarilla	117.52	117.64	117.77	117.89	118.01	118.14	118.26
Woodie	115.88	116.25	117.22	117.59	118.56	118.93	119.90
Fibonacci	116.14	116.66	116.97	117.48	118.00	118.31	118.82

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	108.64	110.90	113.45	115.71	118.26	120.52	123.07
Camarilla	114.69	115.13	115.57	116.01	116.45	116.89	117.33
Woodie	108.80	110.97	113.61	115.78	118.42	120.59	123.23
Fibonacci	110.90	112.73	113.87	115.71	117.54	118.68	120.52

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	89.75	95.27	105.22	110.74	120.69	126.21	136.16
Camarilla	110.91	112.32	113.74	115.16	116.58	118.00	119.41
Woodie	91.96	96.38	107.43	111.85	122.90	127.32	138.37
Fibonacci	95.27	101.18	104.83	110.74	116.65	120.30	126.21

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):	59.06
MACD (12,26,9):	0.2700
Directional Movement:	6.92
AROON (14):	42.86
DEMA (21):	117.81
Parabolic SAR (0,02-0,02-0,2):	116.84
Elder Ray (13):	0.19
Super Trend (3,10):	116.50
Zig ZAG (10):	117.81
VORTEX (21):	1.0400
Stochastique (14,3,5):	61.55
TEMA (21):	117.77
Williams %R (14):	-34.64
Chande Momentum Oscillator (20):	0.22
Repulse (5,40,3):	0.0600
ROCnROLL:	1
TRIX (15,9):	0.0300
Courbe Coppock:	0.02

MA7:	117.03
MA20:	114.85
MA50:	107.55
MA100:	101.15
MAexp7:	117.67
MAexp20:	117.43
MAexp50:	116.81
MAexp100:	115.40
Price / MA7:	+0.65%
Price / MA20:	+2.56%
Price / MA50:	+9.52%
Price / MA100:	+16.45%
Price / MAexp7:	+0.10%
Price / MAexp20:	+0.31%
Price / MAexp50:	+0.84%
Price / MAexp100:	+2.07%

Quotes : - 15 min delayed data - NYSE Stocks

News

Don't forget to follow the news on PHILIP MORRIS INTL. INC. At the time of publication of this analysis, the latest news was as follows:

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

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