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Pfizer Inc Bearish Moving Average Crossover Alert (PFE)

By Shiri Gupta

Today, shares of Pfizer Inc (NYSE:PFE) have crossed bearishly below their 10-day moving average of $43.25 on a volume of 4.0 million shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Pfizer Inc have traded between a low of $36.00 and a high of $46.47 and are now at $43.03, which is 20% above that low price. The 200-day and 50-day moving averages have moved 0.07% higher and 0.22% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Pfizer Inc on May 16th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $41.76. Since that recommendation, shares of Pfizer Inc have risen 4.8%. We continue to monitor PFE for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses pfizer inc

Ticker(s): PFE