PFIZER INC. Technical Analysis: Weekly Chart

In the weekly charts, PFIZER INC. is trading in down channel. PFIZER INC. is currently trading above 100 days SMA & below 20 and 50 days SMA.

RSI is in selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 46.42 & the resistance level is at 49.66.

PFIZER INC. will trade in down channel until there is trend reversal.

PFIZER INC. Technical Analysis: Daily Chart

In the daily charts, PFIZER INC. is trading in down channel. PFIZER INC. is currently trading below all SMA.

RSI is in over sold zone which indicates mild bullishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 47.71 & the resistance level is at 48.91.

PFIZER INC. will trade in down channel until there is trend reversal.   

How to Trade PFIZER INC. this Week:

PFIZER INC. will follow the downtrend until their trend reversal. So, remain bearish on PFIZER INC..

TRADE SUGGESTION- SELL AT 48.26, TAKE PROFIT AT 47.71 AND STOP LOSS AT 48.91