PG stock: buy or sell?
Dec 1st, 2020
PG stock brief
- Procter & Gamble stock barely moved 0.36% to close at $139.37 on the stock market on Tuesday.
- From the chart point view, price is drawing a scaled uptrend since last March with higher tops and higher bottoms. Up to date, the uptrend made a 50.49% profit since the beginning of this rally
- The Procter & Gamble Company provides branded consumer packaged goods to consumers in North and Latin America, Europe, the Asia Pacific, Greater China, India, the Middle East, and Africa.
Should I buy Procter & Gamble stock?
All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $PG stock a buy?
Currently, Procter & Gamble stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean $PG will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell Procter & Gamble stock?
When you own a stock with some profit, it's really difficult to decide the good moment to sell and get your benefits. Like when we have to buy shares, choosing when is appropiate time to sell is not a haphazard decision, and we must use our own trading strategy. Our trading system selects very simple setups to guide us on when is the best time to sell our shares. Be aware that these setups are not intended for shorting $PG stock
A guiding principle is that you should never hold a trade that yields greater losses than those expected by the time of purchase. The timing to sell shares should always be ruled by the stop-loss (automatic or manual)
Is it time to sell Procter & Gamble stock?
Currently, Procter & Gamble stock doesn't match any of our preferred sell setups, so if you own Procter & Gamble stock and your operation is in profit probably is not time to sell now
Procter & Gamble ratings
We don't have any rating posted in the previous month for Procter & Gamble
Procter & Gamble stock analysis
Procter & Gamble stock started an uptrend last March, and gained a gorgeous 50.49%. During this uptrend, the price gave some buy points on the breakouts. Latest low was last October, when price bounced at $134.68. Now, the price trades in a consolidation between its last top ($146.92) and its last bottom ($134.68)
Supports and resistances
The current resistances are:
The current support levels are:
The price is trading near to the lower Bollinger band, signaling some level of oversold in recent sessions. This is not a buy signal, as price can trade in these levels for many days and weeks
Relative strength index
The RSI dropped below the overbought level of 70 last October after just crossing to the overbough zone for a single day (weak signal). The RSI reading on Tuesday was 47.69. Since that level was lost, Procter & Gamble price dropped a 2.94%
Procter & Gamble stock price history
Procter & Gamble went public priced at an adjusted price1 of $0.00 on Jan 1962. Since then, PG stock surged by -, with an average of 0.00% per year. If you had invested thousand dollars in Procter & Gamble stock at that time, it would be valued $inf today.
1: Adjusted price after possible price splits or reverse-splits
Price target for Procter & Gamble stock
How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price predictions are published every day by banks, financial institutions and independent analysts.
The following table shows the price forecasts released by brokerage institutions in the last month. Again, these forecasts are not direct recommendations for small investors and should not be trusted blindly.
We don't have any target price posted in the last 4 weeks for Procter & Gamble.
Earnings and financials
Last October, The Procter & Gamble Company ($PG) posted adjusted EPS for that improved analysts' expectations. Quarterly EPS was $1.63 per share vs the estimates of $1.41. This Q1 report means an earnings surprise of 15.60%. Forecasted revenue was $18.4 billion but Procter & Gamble slightly enhanced by 5.28%, reporting $19.3 billion.This compares to Earnings of $1.37 per share same quarter last year, so current EPS means an improvement of 18.98%. Revenue climbed a 8.54% on an annualized basis in the , from $178.0B to $193.2B last quarter.
PG ($PG) is hosting the Q2 earnings call mid next January. Forecasted for this quarter is $1.49, compared to $1.63 that was reported for Q1.
Procter & Gamble competitors
Procter & Gamble belongs to the Consumer Defensive sector and the Household & Personal Products industry, where it has 18 industry peers.
Procter & Gamble most relevant competitors are:
|Company||Market cap||Rating||Bullish ratings1|
|Procter & Gamble ($PG)||$346.4B|
|Johnson & Johnson ($JNJ)||$394.6B|| ||1|
|Estee Lauder ($EL)||$91.3B||Buy||4|
|Church & Dwight ($CHD)||$21.8B||Neutral||0|
1 In the last 30 days.
Procter & Gamble performance
To better understand Procter & Gamble performance you must compare its gains with other related stocks in same sector or industry.. For Procter & Gamble, the benchmark is made against Johnson & Johnson, Unilever, Estee Lauder, Colgate-Palmolive, Kimberly-Clark, Clorox and Church & Dwight.
|Procter & Gamble ($PG)||0.60%||1.50%||19.50%|
|Johnson & Johnson ($JNJ)||6.60%||-5.30%||-1.30%|
|Estee Lauder ($EL)||11.00%||12.30%||20.40%|
|Church & Dwight ($CHD)||1.00%||-7.70%||16.10%|
Important note:The thoughts published in this post are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this article does not have any knowledge of the particular circumstances of the reader, his or her financial statements or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Thoughts are published for educative reasons only
|Tuesday, December 1st, 2020|
|Day range||$138.16 - $139.54|
|Average true range||$2.53|
|50d mov avg||$140.10|
|100d mov avg||$136.38|
|200d mov avg||$125.49|
|Earnings date||January 21st, 2021|