Procter & Gamble Stock Flashes Bull Signal Ahead of Earnings

A shift in analyst sentiment could create additional tailwinds for PG

Digital Content Manager
Jan 12, 2022 at 3:00 PM
facebook X logo linkedin

The shares of Procter & Gamble Co (NYSE:PG) are cooling off from a Jan. 5, all-time high of $165.32, but still sport a 15.7% year-over-year lead -- down just 0.1% to trade at $158.47 at last check. Better yet, the equity has just pulled back to historically bullish trendline that may push PG just shy of those records in the coming weeks, in the wake of the company's fiscal second-quarter earnings report
The trendline in question is Procter & Gamble stock's 40-day moving average. The shares are currently within one standard deviation of this trendline, after a lengthy period above it. According to new data from Schaeffer's Senior Quantitative Analyst Rocky White, seven similar signals have been observed in the past three years. PG enjoyed a positive return one month later in 86% of those cases, averaging a 2.1% gain. From its current perch, a comparable move would place the stock back above $161.


PG 40 Day

The brokerage bunch is split towards the security. Of the 12 analysts in question, six carry a "buy" or better rating, while the remaining six say "hold." Should some of those bearish analysts start to change their tune, Procter & Gamble stock could see tailwinds.


Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on calls
238.5% GAIN on Oracle calls



Rainmaker Ads CGI