martes, 13 de mayo de 2014

PFE Stock analysis and Forecast. Last price $29.13 05-13-2014

PFE Stock analysis and Forecast. Last price $29.13 05-13-2014

Hi everybody. Yesterday we saw a great rally. The nasdaq raised until 4.144 points, a 1.77%.
Sotcks like NFLX (+5.14%) bounced like a basketball ball. 
Anyway, today I want to analyse a stock that yesterday didn´t bounce, PFE (+0.34). And there´s a reason, today I don´t want to buy expensive stocks,I prefer to wait until the price go lower than yesterday.
Let´s see some fundamentals.
P/E ratio = 17.35
EPS= 1.68
The sales growth during the 2013 was a -12.55%. The average for the last 4 years is +2.31%. During the last 3 years the company reported a negative sales growth. BHowever the net Income growth was increased (+19.92% in 2013.
The EPS diluted  growth was +29.59% in 2013 and the average for the last 4 years is +9.98%.
The last quaterly Earnings was 0.57 better than expected ( consensus forecast was 0.55).
Let´s see the chart.


Supports and Resistances:
S1: 28.23 S2:29.21 R1:30.74 R2:31.76
The MACD is below zero and below the signal. Actually is flat.
The RSI is at 34% and it´s in this range since May 6th.
The Stochastic is at 15% inside the oversold level with an upside trend.
The price is going down. Last Friday the price drew a doji star (reversal pattern).
The DMI shows an excess of down movements, in my opinion.
The buy range for this stock is [28.32;29.07]. The price entered in this range on May 7th.
Actually the targets are:
Tg1: $30.09, TG2: $30.91  Tg Ext: 32.23
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