Pfizer is doing pretty well on long term perspective
Price has tested and held the 10-year trend, by falling to 10-year uptrend border (at 30.5) during August selloff, then bouncing back up from it
Price is also currently restoring its 5-year trend, however it is yet to trade above the 5 -year uptrend border at 33
Nothing stops the price from trending upwards - it is showing now short term trends (trading within 1-st standard deviations from 1-year and quarterly means)
Price has tested and held the 10-year trend, by falling to 10-year uptrend border (at 30.5) during August selloff, then bouncing back up from it
Price is also currently restoring its 5-year trend, however it is yet to trade above the 5 -year uptrend border at 33
Nothing stops the price from trending upwards - it is showing now short term trends (trading within 1-st standard deviations from 1-year and quarterly means)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.