By InvestMacro.com | #stocks #PFE
The Pfizer Inc. (PFE) stock finished the day with a rise of 1.64 percent and closed the day around the 42.375 price level, according to unofficial data at the New York close.
PFE, the American pharmaceutical company, opened the day trading at 41.69 with the high of the day being 42.39 and the low of the day at 41.445. The PFE stock, despite an increase to end the day, touched the lowest level in trading since October 18th of 2021.
PFE is now about $20 per share lower than the 2021 high of 61.71 reached on December 20th of 2021 and as you can see on the charts, the long and short moving averages are both pointing down.
The Relative Strength Index, an indicator that can indicate overbought (above 70) and oversold levels (below 30), shows that the current RSI is at a 33.7 score. This is a Bearish reading on the daily time-frame and PFE is just above the oversold level.
The PFE has slid by -3.89 percent over the past 10 days while seeing a step lower by -8.34 over the past 30 days. The 90-day change is -18.94 while the 180-day return and the 365-day return are -15.83 and 15.37, respectively.
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