PHILIP MORRIS INTL. INC - 1H - Technical analysis published on 12/29/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
44%
17%
39%
My opinion
Bullish above 93.47 USD
My targets
95.46 USD (+1.48%)
97.68 USD (+3.84%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on PHILIP MORRIS INTL. INC as long as the price remains well above 93.47 USD. The buyers' bullish objective is set at 95.46 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 97.68 USD. If there is any crossing, the next objective would be the resistance located at 100.12 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
PHILIP MORRIS INTL. INC rating 94.07 USD. The price is lower by -0.01% since the last closing and was between 93.77 USD and 94.14 USD. This implies that the price is at +0.32% from its lowest and at -0.07% from its highest.93.77
94.14
94.07
Here is a more detailed summary of the historical variations registered by PHILIP MORRIS INTL. INC:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of PHILIP MORRIS INTL. INC indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, only 8 technical indicators out of 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Near horizontal support
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 92.06 | 93.47 | 93.97 | 94.07 | 95.46 | 97.68 | 100.12 |
| Change (%) | -2.14% | -0.64% | -0.11% | - | +1.48% | +3.84% | +6.43% |
| Change | -2.01 | -0.60 | -0.10 | - | +1.39 | +3.61 | +6.05 |
| Level | Major | Intermediate | Intermediate | - | Major | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 92.61 | 93.03 | 93.55 | 93.97 | 94.49 | 94.91 | 95.43 |
| Camarilla | 93.82 | 93.91 | 93.99 | 94.08 | 94.17 | 94.25 | 94.34 |
| Woodie | 92.67 | 93.06 | 93.61 | 94.00 | 94.55 | 94.94 | 95.49 |
| Fibonacci | 93.03 | 93.39 | 93.61 | 93.97 | 94.33 | 94.55 | 94.91 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 89.31 | 90.63 | 91.79 | 93.11 | 94.27 | 95.59 | 96.75 |
| Camarilla | 92.26 | 92.49 | 92.71 | 92.94 | 93.17 | 93.40 | 93.62 |
| Woodie | 89.22 | 90.59 | 91.70 | 93.07 | 94.18 | 95.55 | 96.66 |
| Fibonacci | 90.63 | 91.58 | 92.17 | 93.11 | 94.06 | 94.65 | 95.59 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 82.68 | 85.00 | 88.55 | 90.87 | 94.42 | 96.74 | 100.29 |
| Camarilla | 90.48 | 91.01 | 91.55 | 92.09 | 92.63 | 93.17 | 93.70 |
| Woodie | 83.29 | 85.31 | 89.16 | 91.18 | 95.03 | 97.05 | 100.90 |
| Fibonacci | 85.00 | 87.25 | 88.63 | 90.87 | 93.12 | 94.50 | 96.74 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 55.27 | |
| MACD (12,26,9): | 0.2300 | |
| Directional Movement: | 4.09 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 94.08 | |
| Parabolic SAR (0,02-0,02-0,2): | 93.69 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 93.23 | |
| Zig ZAG (10): | 93.92 | |
| VORTEX (21): | 1.1700 | |
| Stochastique (14,3,5): | 70.64 | |
| TEMA (21): | 94.19 | |
| Williams %R (14): | -51.41 | |
| Chande Momentum Oscillator (20): | 0.17 | |
| Repulse (5,40,3): | -0.0400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 1.42 |
| MA7: | 93.26 | |
| MA20: | 92.45 | |
| MA50: | 90.99 | |
| MA100: | 91.96 | |
| MAexp7: | 94.03 | |
| MAexp20: | 93.80 | |
| MAexp50: | 93.46 | |
| MAexp100: | 92.97 | |
| Price / MA7: | +0.87% | |
| Price / MA20: | +1.75% | |
| Price / MA50: | +3.38% | |
| Price / MA100: | +2.29% | |
| Price / MAexp7: | +0.04% | |
| Price / MAexp20: | +0.29% | |
| Price / MAexp50: | +0.65% | |
| Price / MAexp100: | +1.18% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The latest news and videos published on PHILIP MORRIS INTL. INC at the time of the analysis were as follows:
- Philip Morris International Reports 2023 Second-Quarter and First-Half Results
- Philip Morris International to Host Webcast of 2023 Second-Quarter and First-Half Results
- New Study by KPMG Reveals Alarming Levels of Illicit Cigarettes in the EU, with France Accounting for Almost Half of the Consumption
- Philip Morris International Publishes First Human Rights Report
- Philip Morris International Inc. Declares Regular Quarterly Dividend of $1.27 Per Share
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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