Pfizer Limited (PFIZER) Stock - Complete Technical Analysis - Nov 29, 2024

Pfizer Limited Technical Analysis Key Levels to Watch Bullish or Bearish Signal

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Investing in stocks involves risks, and it's essential to conduct thorough research or consult with a financial advisor before making investment decisions. Pfizer Limited (PFIZER) is seeing mixed technical signals, trading at 5,313, 17.64% below its 52-week high. The Relative Strength Index (RSI) at 49 suggests neutral sentiment, while the Stochastic %K is nearing overbought levels, indicating possible reversal risks. The stock is trading below key moving averages, and the MACD's negative reading highlights potential short-term downside.

However, indicators like the Commodity Channel Index (CCI) and Awesome Oscillator show some bullish momentum, providing support. A Spinning Top candlestick and Doji pattern hint at indecision, with the stock hovering near pivot points. Immediate support is seen at 5,250, and resistance is around 5,400. Traders should monitor these levels closely. If 5,400 is breached, there could be a rally; otherwise, a break below 5,250 might lead to further declines. Wait for confirmation before entering any positions.