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Procter & Gamble (PG) Crosses Pivot Point Support at $121.73

By James Quinn

Shares of Procter & Gamble (NYSE:PG) have bearishly opened below the pivot of $122.03 today and have reached the first support level of $121.73. Should the shares continue to fall, the support pivots of $121.12 and $120.21 will be of interest.

Procter & Gamble has overhead space with shares priced $0.00, or 100.0% below the average consensus analyst price target of $81.97. The stock should find initial resistance at its 200-day moving average (MA) of $107.62 and further resistance at its 50-day MA of $120.32.

In the past 52 weeks, Procter & Gamble share prices have been bracketed by a current low of $0.00 and a high of $125.36 and are now at $0.00. The 200-day and 50-day moving averages have moved 0.43% higher and 0.24% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Procter & Gamble and will alert subscribers who have PG in their portfolio or watchlist when shares have changed trend direction.

Keywords: pivot alerts Procter & Gamble

Ticker(s): PG