PROCTER & GAMBLE CO (PG) closed at 149.61 (+0.86%). Trend remains constructive above MA50 and MA200. Momentum stays positive (+4.83%), with 52W position: 39% of range, while Volatility: ATR14 2.20%. RSI(14) is 60.0, which keeps short-term momentum constructive without being overly stretched. RSI has been trending higher in recent sessions, indicating improving momentum conditions. MACD remains above its signal line, which keeps the momentum structure biased to the upside. The MACD histogram is positive and expanding, pointing to improving upside momentum.
🔺
Setup:
Pattern
Triangle breakout is active after price reclaimed the trigger zone.
•
Holding above 146.42 keeps the breakout structure healthier.
⚠️
Risk:
A loss of 137.74 would weaken the setup.
•
Projection target sits near 159.98.
🎯
Key levels:
Key levels
The nearest decision zone is framed by support at 149.09 and resistance at 149.84.
⚠️
Risk:
A move through resistance would improve the short-term technical tone, while a loss of support would weaken the current structure.