Learn to Evaluate Procter & Gamble ($PG) using the Charts
November 10, 2023, 14:15 pm ET, BY Mitchell H.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for PG
- Buy PG slightly over 144.71 target 152.22 stop loss @ 144.29 Details
The technical summary data tells us to buy PG near 144.71 with an upside target of 152.22. This data also tells us to set a stop loss @ 144.29 to protect against excessive loss in case the stock begins to move against the trade. 144.71 is the first level of support below 151.1 , and by rule, any test of support is a buy signal. In this case, support 144.71 would be being tested, so a buy signal would exist.
- Short PG slightly under 152.22, target 144.71, stop loss @ 152.66 Details
The technical summary data is suggesting a short of PG as it gets near 152.22 with a downside target of 144.71. We should have a stop loss in place at 152.66though. 152.22 is the first level of resistance above 151.1, and by rule, any test of resistance is a short signal. In this case, if resistance 152.22 is being tested, so a short signal would exist.
Swing Trading Plans for PG
- Buy PG slightly over 151.40, target 152.22, Stop Loss @ 150.96 Details
If 151.40 begins to break higher, the technical summary data tells us to buy PG just slightly over 151.40, with an upside target of 152.22. The data also tells us to set a stop loss @ 150.96 in case the stock turns against the trade. 151.40 is the first level of resistance above 151.1, and by rule, any break above resistance is a buy signal. In this case, 151.40, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short PG slightly near 151.40, target 149.06, Stop Loss @ 151.84. Details
The technical summary data is suggesting a short of PG if it tests 151.40 with a downside target of 149.06. We should have a stop loss in place at 151.84 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 151.40, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for PG
- Buy PG slightly over 151.40, target 152.22, Stop Loss @ 151.05 Details
If 151.40 begins to break higher, the technical summary data tells us to buy PG just slightly over 151.40, with an upside target of 152.22. The data also tells us to set a stop loss @ 151.05 in case the stock turns against the trade. 151.40 is the first level of resistance above 151.1, and by rule, any break above resistance is a buy signal. In this case, 151.40, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short PG slightly near 151.40, target 150.10, Stop Loss @ 151.75. Details
The technical summary data is suggesting a short of PG if it tests 151.40 with a downside target of 150.10. We should have a stop loss in place at 151.75 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 151.40, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Procter & Gamble (PG) available here: PG.
PG Ratings for November 10:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Strong |
Neutral |
| P1 |
0 |
0 |
144.71 |
| P2 |
150.10 |
149.06 |
152.22 |
| P3 |
152.11 |
151.40 |
159.47 |
AI Generated Signals for PG
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Procter & Gamble (NYSE: PG) report below can help you understand how to do this. The trading plans for PG, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for PG:
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