Philip Morris International (PM) Technical Analysis

Philip Morris International Inc. (PM) is a leading multinational tobacco company that specializes in the production and distribution of tobacco products. As with any stock, technical analysis plays a crucial role in understanding the current and future price movements of PM stock. By analyzing various technical indicators, investors can gain valuable insights into the stock's performance and make informed investment decisions.

One widely-used technical indicator is the Relative Strength Index (RSI). The RSI measures the strength and speed of a stock's price movement by comparing the magnitude of recent gains to recent losses. A high RSI value suggests that the stock may be overbought and due for a price correction, while a low RSI value may indicate that the stock is oversold and could potentially rebound. Investors use the RSI to identify potential entry or exit points for PM stock.