Procter Gambles stock price (PG) fell in the intraday levels amid negative signals from the RSI while gathering positive momentum to rise anew, amid the dominance of the main upward medium-term trend, with positive pressure from the 50-day SMA.
Therefore we expect the stock to return higher and target the resistance of 166.50, provided the support of 158.38 holds on.
Trend forecast: Likely Bullish