PG technical analysis

The latest weekly close for PG is 146.23. This is below the EMA20 of 146.56 by 0.22%, below the EMA50 of 149 by 1.86%, and below the EMA200 of 152.12 by 3.87%.

The weekly EMA stack for PG is bearish, with the EMA20 below the EMA50, and the EMA50 below the EMA200 (20 < 50 < 200). This configuration indicates a downtrend in the underlying asset. It is important to note that the EMA stack describes the prevailing trend, not specific entry or exit timing.

A death cross occurred on 2026-03-30, 26 weeks ago, when the EMA50 crossed below the EMA200.

What would change this read

A shift in this bearish outlook would require PG's weekly close to move above key resistance levels. Specifically, a close above the EMA20 at 146.56 would be the first indication of potential strength. A more significant change would be a weekly close above the EMA50 at 149, or a decisive move above the EMA200 at 152.12.

MACD versus Signal Line

The weekly MACD for PG is currently -0.823, positioned above its signal line of -0.9559, indicating a bullish posture. A bullish signal-line crossover occurred 2 weeks ago on 2026-09-14.

Histogram

The histogram is positive at 0.1329. With a 4-bar change of 0.2059, the positive momentum is accelerating.

Zero-Line Position

The MACD is currently below the zero line. The last zero-line cross was bearish, occurring 28 weeks ago on 2026-03-16. This is distinct from the more recent bullish signal-line crossover.

Divergence Checks

No bearish divergence was found between the 2026-06-29 close of 151.41 and MACD of -0.5716, and the 2026-08-31 close of 146.44 and MACD of -1.1012. Similarly, no bullish divergence was found between the 2026-07-27 close of 144.49 and MACD of -0.7163, and the 2026-08-24 close of 143.78 and MACD of -1.2161.

What Would Change This Read

This bullish read would change if the weekly MACD were to fall below its signal line of -0.96, or if the histogram were to drop below 0.00. The identification of a bearish divergence would also alter this outlook.

PG's weekly RSI(14) is 48.32, indicating a neutral state as it is between the overbought threshold of 70 and the oversold threshold of 30.

Over the last four weeks, the RSI has been falling, moving from 48.43 to its current value of 48.32.

The most recent band event occurred 107 weeks ago, on 2024-09-09, when the RSI fell back below 70.

No bearish divergence was found based on the last two price pivots (2026-06-29 close 151.41/rsi 53.93 -> 2026-08-31 close 146.44/rsi 48.43). No bullish divergence was found based on the last two price pivots (2026-07-27 close 144.49/rsi 44.41 -> 2026-08-24 close 143.78/rsi 43.68).

What would change this read

A weekly RSI(14) rising to 70 or above would indicate an overbought condition. Conversely, a fall to 30 or below would signal an oversold condition. The emergence of a confirmed bullish or bearish divergence would also alter this neutral assessment.

The current weekly Average True Range (ATR) for PG is 5.48. This value represents the average weekly price range over the last 14 weeks and is 3.75% of the latest weekly close price.

Compared to eight weeks ago, when the ATR was 6.86, current volatility for PG is contracting. This indicates a decrease in the average weekly price movement over the past 14 weeks compared to the period ending eight weeks prior.

The 1x ATR band, ranging from 140.75 to 151.71, describes the expected weekly range for PG around its latest close of 146.23. The 2x ATR band, from 135.26 to 157.2, indicates a wider expected weekly range. These bands illustrate the normal extent of weekly price fluctuations and should not be interpreted as price predictions.

What would change this read

• – A significant change in the current weekly ATR(14) from 5.48.
• – If the ATR 8 bars ago was equal to or less than the current 5.48, which would change the assessment of contracting volatility.
• – A substantial shift in the latest weekly close from 146.23, which would alter the percentage of price represented by the ATR.

PG's 52-week high was $167.25, set on 2026-02-23. The 52-week low for PG was $137.62, established on 2026-01-05.

The latest weekly close for PG is $146.23. This price sits 12.57% below its 52-week high and is 6.26% above its 52-week low.

The midpoint of the 52-week range is $152.43. PG's current position within its 52-week range is 29.1%. This indicates that the stock is trading in the lower third of its annual price spectrum, suggesting it is currently in a weaker phase of its longer cycle, closer to its annual bottom than its peak.

What would change this read

A weekly close above the 52-week range midpoint of $152.43 would suggest a shift towards more neutral or positive momentum. Conversely, a weekly close below the 52-week low of $137.62 would signal a breakdown and potential for further downside pressure. A decisive weekly close above the 52-week high of $167.25 would indicate a strong bullish breakout.