Buy Philip Morris International | NYSE – PM | Short Term Trading Advice | Food & Tobacco Sector | 14th Aug 2024 | Expected Gain 4% – 5%

Stock Market
NYSE, United States of America

Target hit. Trade closed.

14 Aug 2024
27 Aug 2024
28 Aug 2024
10 days
Loss per
100,000 USD
Stop-loss
114
Buy Advice
14 Aug 2024
116 – 117
Target 1
27 Aug 2024
122
Target 2
28 Aug 2024
123
Profit per
100,000 USD
10 days
5,489
114
116 – 117
122
123
5,489
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Philip Morris International
  • 116 – 117
  • 122 – 123
  • Below 114
  • 4% – 5%
  • 12 - 14 Days
  • Buy Philip Morris International
  • Buy
    Range
    116 – 117
  • Target 122 – 123
  • Stoploss Below 114
  • Upside
    Potential
    4% – 5%
  • Trade
    Duration
    12 - 14 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Philip Morris International (NYSE: PM) - Stock Overview

  • NYSE code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • PM
  • Philip Morris International
  • Food & Tobacco
  • 119.06
  • 87.23
  • NYSE code PM
  • Stock Name Philip Morris International
  • Sector Food & Tobacco
  • 52 Weeks High 119.06
  • 52 Weeks Low 87.23
  • Company profile

    Philip Morris International Inc. is a tobacco company that is changing its product range to focus on options beyond tobacco and nicotine for the future. Currently, it offers cigarettes and smoke-free products like heat-not-burn, vapor, and oral nicotine items in markets outside the U.S. Its cigarette brands include Marlboro, Bond Street, Chesterfield, L&M, Lark, and Philip Morris. PMI was established in 1987 and is based in New York, NY.

  • Philip Morris International (NYSE: PM) vs NYSE - Relative Strength Comparison

    The image highlights Philip Morris International's performance over the last year versus NYSE.
    Relative Performance - Last 1 Year
    PM —   NYSE —

  • Philip Morris International (NYSE: PM) - Technical Analysis (Daily)

    Philip Morris International - Technical Analysis chart on Daily Price and Volume
    Philip Morris International - Technical Analysis chart on Daily Price and Volume

    • The stock price has gone through significant ups and downs before settling into a prolonged consolidation phase.
    • Once it broke free from the box pattern, the price soared, surpassing its earlier resistance level and continuing its upward trajectory.
    • Overall, the sentiment will remain positive as long as the price remains above the 112 level.
  • Philip Morris International (NYSE: PM) - RSI Indicator

    Philip Morris International stock analysis based on RSI indicator
    Philip Morris International - RSI indicator

    • Current RSI of this stock is 72.33, which indicates the strength of buyers.

  • Philip Morris International (NYSE: PM) - ADX & DI Indicator

    Philip Morris International stock analysis based on ADX & DI indicator
    Philip Morris International - ADX & DI indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Philip Morris International (NYSE: PM) - EMA Crossover

    Philip Morris International stock analysis based on EMA Crossover
    Philip Morris International - EMA Crossover

    • The short length exponential moving average (5 EMA) has crossed the long length exponential moving average (10 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Conclusion - Philip Morris International (NYSE: PM) Stock Price Forcast

    Based on our US trading and investment advice, Philip Morris International stock price target will be USD 122 - USD 123 in the next 12-14 trading sessions.

  • Share with
    0 0 votes
    Article Rating
    Subscribe
    Notify of
    guest
    0 Comments
    Inline Feedbacks
    View all comments

    Join Our Telegram Channel for US Stock Market Update

    USA Stock Analysis

    The stock trading advice is prepared by the Naranj Capital team under the guidance of Arijit Banerjee, CMT, CFTe.
    Maximize your return with our precise trading advice on the USA stock exchange! We recommend an technology stock poised for
    Get expert short-term trading advice for the USA stock exchange. This energy stock is projected to deliver 5%-6% returns in
    Short Term Trading Alert: This Consumer Discretionary stock has the upside potential of 5-6% in 14-15 trading days. Swing Trading
    Short Term Trading Advice: Qualcomm Inc (NASDAQ - QCOM) has the upside potential of 5-6% in 14-15 trading days

    Join Our Telegram Channel for Saudi Stock Market Update

    Saudi Stock Analysis

    Maximize your return with our precise trading advice on Saudi stock exchange Tadawul! We recommend buying Arabian Pipes (Tadawul 2200)
    Short Term Trading Alert: This Saudi health care equipment stock has the upside potential of 8-10% in 12-14 trading days.
    Get expert short-term trading advice for the Saudi stock exchange Tadawul. Buy Etihad Atheeb Telecom (Tadawul 7040) for 13%-16% returns
    Short term trading advice for Shariah compliant Tadawul stocks. Buy Riyadh Cables Group (Tadawul 4142) with potential for 15-17% returns
    Maximize your trading returns in Saudi stock exchange Tadawul! Discover a shariah halal materials sector stock having 7-9% gains in
    Details of Arijit Banerjee

    Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.

    Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.

    Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.

    If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website