PM technical analysis
PM Technical Analysis
Analysis date
August 6, 2026
Market
NYSE (USD)
Daily cutoff
August 5, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
PM Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- PM
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- August 5, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 188.93 | August 5, 2026 | - | Verified |
| Verification series | 188.93 | August 5, 2026 | 0.00% | Verified |
Bottom line
PM Technical Analysis Summary
PM displays a mixed short-term but bullish long-term technical picture. The daily chart shows price at 188.93, just below SMA20 (189.11) but above SMA50 (182.93) and SMA200 (168.16), following a pullback from the 207.76 high. The daily RSI at 51.26 reflects balanced near-term momentum, and the MACD histogram at -0.89 is negative. The weekly chart remains constructive with price at 190.82 above SMA20 (175.16), SMA50 (166.56), and SMA200 (119.95), with a positive MACD histogram at 1.38. The 60-day return of +11.41% and the 252-day return of +20.11% show the broader uptrend is intact despite the recent weakness. Key support sits at 175.76 (20-day low), then 168.60 (60-day low) and 168.16 (daily SMA200). Key resistance is at 189.11 (daily SMA20), then 207.76 (20-day and 52-week high). A sustained close above SMA20 would signal the pullback is over; a break below 175.76 would open the door to the 60-day low at 168.60.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 5, 2026)
- Trend
- Mixed. Price at 188.93 is just below SMA20 (189.11) but above SMA50 (182.93) and SMA200 (168.16). The short-term moving averages have flattened after the recent pullback from the 207.76 high, while the SMA200 continues to slope upward, providing a long-term support floor. The decline from the recent high represents a pullback within a broader uptrend.
- Momentum
- Neutral. RSI14 at 51.26 is just above the 50 midline, indicating balanced momentum after the recent pullback. MACD at 2.27 is below the signal line at 3.16 with a negative histogram at -0.89, indicating slowing bullish momentum. The RSI is not in overbought or oversold territory, leaving room in either direction.
- Volatility
- Moderate. ATR14 at 5.52 (2.92% of price) reflects typical daily swings for a large-cap consumer staple. Bollinger Bands (176.56 to 201.65) are moderately wide, and price at 188.93 is trading in the lower portion of the bands, consistent with the recent pullback.
- Volume
- Slightly above average. Latest volume of 5,528,900 is 104.7% of the 20-period average (5,280,685), indicating slightly increased participation during the recent decline.
Assessment
The daily timeframe shows a stock in a pullback phase within a larger uptrend. Price has slipped below the SMA20 but remains above the SMA50 and SMA200, and the longer-term moving averages continue to slope upward. The 60-day return of +11.41% confirms the broader uptrend, while the recent -4.79% 5-day decline shows short-term selling pressure. A reversal back above the SMA20 at 189.11 would be the first sign of recovery, and the SMA200 at 168.16 provides the key long-term support floor.
Weekly (July 27, 2026 week)
- Trend
- Bullish. Price at 190.82 is above SMA20 (175.16), SMA50 (166.56), and SMA200 (119.95). All weekly moving averages are in a gradual upward slope, confirming the long-term uptrend. The 252-week (5-year) return of +147.82% reflects a sustained multi-year advance.
- Momentum
- Bullish. RSI14 at 62.00 is above the 50 midline, indicating positive momentum that is intact but not overextended. MACD at 6.67 is above the signal line at 5.29 with a positive histogram at 1.38, confirming bullish momentum on the weekly timeframe.
- Volatility
- Moderate. ATR14 at 11.91 (6.24% of price) reflects moderate weekly ranges. Bollinger Bands (150.82 to 199.50) show a steady uptrend channel with no extreme expansion.
- Volume
- Slightly above average. Weekly volume at 27,927,200 is 117.1% of the 20-week average (23,844,155), indicating increased participation.
Assessment
The weekly chart remains bullish, with price comfortably above all key moving averages. The positive MACD configuration and RSI in the neutral zone suggest the medium-term trend is favorable without being overextended. The 52-week position at 75.57% shows price is in the upper portion of its annual range. The key risk is that the daily pullback deepens and starts to affect the weekly structure, particularly if price breaks below the weekly SMA20 at 175.16.
Key indicators
PM Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 51.26 | 62.00 |
| MACD (12, 26, 9) | 2.27 / 3.16 / -0.89 | 6.67 / 5.29 / 1.38 |
| ATR (14) | 5.52 (2.92%) | 11.91 (6.24%) |
| Bollinger Bands (20, 2) | 176.56 - 201.65 | 150.82 - 199.50 |
| SMA (20) | 189.11 | 175.16 |
| SMA (50) | 182.93 | 166.56 |
| SMA (200) | 168.16 | 119.95 |
Price structure
PM Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 188.93 | 190.82 |
| 1-Period Return | +1.08% | -1.13% |
| 5-Period Return | -4.79% | +5.56% |
| 20-Period Return | +0.99% | +11.14% |
| 60-Period Return | +11.41% | +9.62% |
| 252-Period Return | +20.11% | +147.82% |
| 52-Week Low | 138.43 | 138.43 |
| 52-Week High | 207.76 | 207.76 |
| 52-Week Position | 72.84% | 75.57% |
Key levels
PM Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 207.76 | 207.76 |
| 20-Period Low | 175.76 | 150.38 |
| 60-Period High | 207.76 | 207.76 |
| 60-Period Low | 168.60 | 138.43 |
Scenarios
PM Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price reclaims the SMA20 at 189.11 on the daily chart with above-average volume, signaling the pullback has ended and the broader uptrend is resuming.
Invalidation
Price falls below the 20-day low at 175.76 and continues toward the 60-day low at 168.60.
What to watch
Daily RSI recovering above 55; MACD histogram turning positive; volume expanding on up days; price holding above SMA50 on the daily; weekly RSI staying above 55.
Range-Bound
Trigger
Price oscillates between the 20-day low support at 175.76 and the SMA20 resistance at 189.11.
Invalidation
A decisive break of either boundary with volume confirmation.
What to watch
RSI oscillating between 45 and 60; MACD histogram hovering near zero; volume remaining near average; Bollinger Bands contracting.
Bearish
Trigger
Price breaks below the 20-day low at 175.76 and the 60-day low at 168.60, signaling a deeper correction.
Invalidation
Price reclaims the SMA20 at 189.11 and holds above it on a weekly closing basis.
What to watch
Sustained closes below SMA20 (189.11); daily RSI trending below 45; MACD histogram becoming more negative; weekly RSI breaking below 55; price breaking weekly SMA20 at 175.16.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 5, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 5, 2026, weekly July 27, 2026 week. Generated August 6, 2026.
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