Pfizer Inc. (PFE) stock price recorded gains in its latest intraday trading, benefiting from dynamic support as it continues to trade above its SMA50, which reinforces the stability and dominance of the main short-term upward trend, especially with price action moving along a supportive trend line. In addition, positive signals continue to appear on the RSI after the stock managed to unwind its overbought conditions, giving it more room to extend gains in the near term.
Therefore we expect the stock price to rise in upcoming trading, as long as the $25.90 support level holds, to target the key resistance at $27.55.
Todays price forecast: Bullish