PG stock: buy or sell

PG stock price: $124.29 0.62% At close on Mar 1st, 2021

Updated on:
Mar 2nd, 2021

1

PG stock brief

  • Procter & Gamble stock scarcely changed 0.62% to close at $124.29 on the stock market on Monday.
  • The price is currently below the lower Bollinger band, which is usually an indicator of a near-term bounce that you better not try to trade
  • 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?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. 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 we expect a selloff for $PG in coming sessions, or that it may not climb higher. Simply, it doesn't match our recommended trading systems

Should I sell Procter & Gamble stock?

Knowing when to sell a stock is even more difficult than knowing when to buy it. Trading strategies help us to avoid impulsive decisions based on our personal emotions or the noise that surrounds the market. When selling, as well as buying, our setups are very simple to use but are only applicable for selling stocks you already own, not for shorting $PG stock

A golden rule is that you should not keep a trading operation that leads to higher than expected losses by the time of the buy. The timing to sell shares should always be dictated by the stop-loss (automatic or manual)

Is it time to sell Procter & Gamble stock?

In the current situation of Procter & Gamble there is not any eligible sell setup, so Procter & Gamble stock holders with operations in green can keep their positions

Procter & Gamble ratings

In the last month we couldn't find any rating for Procter & Gamble

Procter & Gamble stock analysis

Downtrend breakdown.

SMAs overview

PG stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $124.99 (0.56% above)
  • R2: $133.15 (7.13% above)
  • R3: $133.40 (7.33% above)
  • The current support levels are:

  • S1: $122.81 (-1.19% below)
  • S2: $122.00 (-1.84% below)
  • S3: $121.97 (-1.87% below)
  • Bollinger bands

    The evolution of the Bollinger Bands on the chart shows that they are pretty tight (4.19%), which clearly means that price volatility is low. The compression of the Bollinger bands is generally a sign of a sudden price movement (up or down), so we must be watchful and manage our buy or sell orders accordingly

    PG stock Bollinger Bands chart

    Relative strength index

    After breaking down the line of 30 yesterday, bounced off above with a reading of 32.91. This is a signal of strength for the Procter & Gamble shares

    PG stock RSI chart

    Procter & Gamble stock price history

    Procter & Gamble IPO was on Jan 2nd, 1962 at $0.00 per share1. Since then, PG stock surged by -, with an average of 0.00% per year. An investment of thousand dollars at that time would be valued $inf today.

    1: Adjusted price after possible price splits or reverse-splits

    PG stock price history chart

    Price target for Procter & Gamble stock

    Nobody can predict how much a share will be priced in the future. However, many stock price predictions are posted every day by banks, financial institutions and independent analysts.

    The following table shows the price forecasts posted by brokerage institutions over the last 30 days. Again, these predictions are not direct recommendations for small traders and must not be trusted blindly.

    In the previous 30 days we couldn't find any price target posted for Procter & Gamble stock.

    Earnings and financials

    The Procter & Gamble Company ($PG) published quarterly earnings of $1.64 per share last January, slightly surpassing the Market consensus estimate of $1.51 per share. This Q2 report means an earnings surprise of 8.61%. On the contrary, the company reported turnover for Q2 was $19.7 billion consistent with the market estimates.

    Compared to the same quarter one year ago, EPS was $1.42, so posted EPS is a gain of 15.49%. Looking at revenue, figures went up a 8.25% compared to $182.4B same quarter last year.

    PG ($PG) presents Q3 earnings report mid next April. Wall Street analysts expect of $1.19, that is a 27.44% less than Q2.

    Procter & Gamble performance

    PG performance compared
    Company1m3m6m
    Procter & Gamble ($PG) -4.50% -9.80% -9.10%

    Important note:
    The viewpoints expressed in this post are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this paper does not know the specific situations of the reader, his or her own financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Thoughts are published for informational purposes only

    PG summary

    Monday, March 1st, 2021
    Open$124.16
    Close$124.29
    Day range$124 - $125.49
    Previous close$123.53
    Session gain0.62%
    Average true range$2.33
    50d mov avg$132.36
    100d mov avg$135.82
    200d mov avg$130.75
    Earnings dateApril 16th, 2021

    Frequently asked questions

    What is Procter & Gamble stock symbol?

    The Procter & Gamble Company is a public company trading in the US stock market with the PG symbol

    Is Procter & Gamble stock a buy or sell?

    Procter & Gamble had no ratings in the last 4 weeks Read the article to get additional tips on trading PG stock.

    Will PG go up?

    There were no price targets published by analysts in the last month for Procter & Gamble.