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Pfizer Inc. Message Board

  • chrttwelve chrttwelve Jan 7, 2011 4:15 PM Flag

    RSI gains another 2.3 points to close at 76.0

    There was a reading around 80 exactly seven years ago on Jan. 7, 2004. From that time until today though, there was only one other occasion where a closing RSI above 75 was seen - in late July 2006. In June 2003 and again in November 2003 there were peak readings similar to today's 76 so for the last decade, this is the fifth rally to see RSI 75.

    Weekly RSI charts go back three years. Today's reading on a weekly chart is 69 with only one other rally being better on a weekly basis - the 70 seen last year at the Jan. 19 high.

    The stock has now been up in twelve of the last fourteen sessions which is a record. It has also been up the last six sessions.

33.32-0.25(-0.74%)1:02 PMEDT