Pfizer Technical Analysis | Pfizer Trading: 2022-08-10 | IFCM UK
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Pfizer Technical Analysis - Pfizer Trading: 2022-08-10

Pfizer Inc. Technical Analysis Summary

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Strong SellSellNeutralBuyStrong Buy

Above 50.08

Buy Stop

Below 48.92

Stop Loss

Ara Zohrabian
Senior Analytical Expert
Articles 2467
IndicatorSignal
RSI Neutral
MACD Buy
MA(100) Buy
Fractals Neutral
Parabolic SAR Sell

Pfizer Inc. Chart Analysis

Pfizer Inc. Chart Analysis

Pfizer Inc. Technical Analysis

The technical analysis of the Pfizer stock price chart on 4-hour timeframe shows #S-PFE,H4 is retracing up toward the 100-period moving average MA(100) which is rising itself. We believe the bullish momentum will continue after the price breaches above the last fractal high at 50.08. This level can be used as an entry point for placing a pending order to buy. The stop loss can be placed at 48.92. After placing the order, the stop loss is to be moved every day to the next fractal low, following Parabolic signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level (48.92) without reaching the order (50.08), we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Fundamental Analysis of Stocks - Pfizer Inc.

Pfizer is buying Global Blood Therapeutics, a hemology drug maker. Will the Pfizer stock price rebound continue?

Pfizer signed a deal to pay $5.4 billion for Global Blood Therapeutics, a hemology drug maker which makes Oxybryta tablets for treating sickle cell disease. Pfizer Inc.'s revenue exceeded $16 billion in the second quarter. Couple of days ago FDA approved Myovant Sciences Ltd and Pfizer Inc's once-a-daily Myfembree for moderate to severe pain associated with endometriosis in pre-menopausal women. And yesterday an EU regulator began a review of Pfizer-BioNTech's variant-adapted COVID shot. Expectations of rising sales are bullish for company’s stock price.

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This overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or а recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.

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