Trading Signals: PM Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(Philip Morris International Inc.)
| PM latest price $99.2500 (-0.85%) ($98.3900 - $100.0900) on Tue. Mar. 7, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 0.97% (three month average) | RSI | 38 | Latest Price | $99.2500(-0.85%) | 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 -1% a week on average for past two weeks. | Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. | Correlated ETFs | Broad market will support PM advance at 0% a week (0% probability) IWD(62%) VYM(60%) SDY(57%) SPLV(56%) IVE(55%) | Factors Impacting PM price | PM will decline at least -0.485% in a week (0% probabilities). VIXM(-36%) UUP(-18%) SHY(-13%) VXX(-12%) BNDX(-8%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.485% (StdDev 0.97%) | Hourly BBV | -0.2 () | Intraday Trend | -0.6% | | | |
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Resistance Level | $100.13 | 5 Day Moving Average | $98.88(0.37%) | 10 Day Moving Average | $98.79(0.47%) | 20 Day Moving Average | $100.13(-0.88%) | To recent high | -5.8% | To recent low | 2% | Market Cap | $154.56b | | | | 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. |