Pfizer is neutral

Our pivot point stands at 26.7.

Our preference

Look for a drop towards 26.7 before a bounce.

Alternative scenario

Below 26.7, expect 25.6 and 24.9.

Comment

The RSI is above 50. The MACD is negative and below its signal line. The penetration of 50 on the RSI should trigger further losses. Moreover, the stock is below its 20 day moving average (28.1375) but above its 50 day moving average (27.7954).

Supports and resistances

31.6 **

30.9 *

30.2 **

29.5

27.98 (USD-last)

27.2

26.7 **

25.6 *

24.9 **

Number of asterisks represents the strength of support and resistance levels.