Published On: Thu, Mar 16th, 2017

The Procter & Gamble Company (PG/NYSE/S&P500)


Industry: Personal care goods

Current trend

During the long time the Procter & Gamble keeps the every year dividend growth trend. From 2005 the company paid more than $ 60 billion dividends. The investors expect a significant growth of the dividends this April.

The Procter & Gamble increased the organic products sales forecast to 2.5% from 2% which was suggested earlier. The company reached the 1% of the expected growth in 2016. The company successfully implements the $ 10 billion program of costs lowering, which was accepted last year. Due to the lowering of costs and selling a part of shares in 2016 the company got around $ 22 billion exempted funds, which is the good basis for the growth of the dividend paying.

During the last week the Procter & Gamble stocks grew by 1.40% against the growth of the S&P 500 index by 0.84%.

The comparative analysis between the indicators of the company and its competitors suggest the neutrality of its share prices.

Key levels

Yesterday the “bulls” moods prevailed. The stocks grew by 0.44%. Now the price is near the key resistance level of 91.85. During the last month the price tested this level thrice. The nearest support level is at 91.30. The indicators reflect the strength of the buyers. The growth of the stocks can continue.

Support levels: 91.30, 90.80, 90.20.

Resistance levels: 91.85.

Trading scenario

If the price is set above the level of 91.85, find entering points to open long positions. Stop loss is at 91.35. The price can move to 92.85-93.50. Use the trailing stop.

Forex Analysis

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