Philip Morris International Inc. | PM

Daily Technical Analysis of Philip Morris International Inc.

Philip Morris International is down a bit on the day, funds flowing out kept the price down -2.96% since yesterday.

Currently PM isn't at a clear support/resistance line that seems tradable. Philip Morris International hasn't established a very strong momentum in either direction over the last 3 months. We'll see if a stronger consensus among market participants emerges. PM may hit some resistance around the 94.38 level, more sellers may enter the market here and push price back down. But it's definitely not guaranteed.

Last analyzed on 2024-03-17

Analyst Ratings for Philip Morris International By Price Target And Rating

Overall, the analysts have a more negative view on Philip Morris International but it's not a very strong negative. The current Analysts Sentiment Score is -22.41. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. Argus reiterated a rating of Buy on 2024-03-05. Societe Generale announced an upgrade on 2024-02-13 from Sell to Hold and they set their price target at $87.50. UBS Group downgraded from Buy to Sell on 2024-01-23 and they lowered their price target by -17.62% to $86.50 from a previous target of $105.00. JPMorgan Chase & Co. provided a price target boost of 4.55% to $115.00 from $110.00 on 2023-11-29. Redburn Atlantic announced that they are initiating coverage with a rating of Neutral on 2023-11-16 and they set their price target at $95.00.On 2023-10-13 Jefferies Financial Group lowered their price target by -5.41% to $105.00. Morgan Stanley announced a lowering of their price target to $113.00 from $118.00 on 2023-10-02. Stifel Nicolaus reiterated a rating of Buy on 2023-10-02 and provided a price target of $114.00. Bank of America announced a lowering of their price target to $111.00 from $118.00 on 2023-09-29. On 2023-09-21 Barclays lowered their price target by -4.35% to $110.00.

Company	Ratings Score ? Composite analyst sentiment score	Positive Ratings	Negative Ratings	Boost Price Target	Lower Price Target
PM	-22.41	57.88	-91.94	8.18	-18.94

Earnings Per Share (EPS) Estimates By Year and Quarter

(updated 2024-03-21)

Company	YOY Growth Score (typical -20 to +20)	Revision Directions (-6 to +6)
PM	0.00	0.00

Short interest for Philip Morris International

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Company	Short Score (typical 1-15) ? We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)	Short Interest	Days to Cover	Rate of Change	Shares Short
PM	1.21	%0.4	1.8	15.708	6860000

How Philip Morris International compares to the broader Consumer Defensive sector and the more specific Tobacco Products industry

Segment	Count	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Demark Sell ? Demark 9 indicators are designed to look for exhaustion in the selling or buying trend which can often be predictive of a reversal point. This indicator is triggered when there are 9 consecutive days where the closing price is higher/lower than the closing price 4 days ago. Like all indicators, it is best used in combinations with other factors.	Demark Buy	Short Interest	Analysts Ratings ? We track several different measures of analyst sentiment including ratings and price targets. To create a composite Analyst Sentiment Score, we weight several factors such as the recent rate of change which can be more predictive than the absolute level. We also weight each analyst's opinion based on their historic accuracy. We built in a time decay function to ensure that the rating reflects the current sentiment levels. Typical range (-80 to +80)
Tobacco Products Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	5	-1.02	1.27	-1.43	3.15	10.70	-2.38	69.80	1.60	0.24	-4.39	-3345.24	-8246.41	50.00	0.00	1.76	-8.27
Consumer Defensive Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	101	-0.25	1.35	-4.07	2.68	13.83	9.02	52.66	29.43	11.60	10.15	-9709.08	-11957.12	10.40	3.22	4.42	28.91

Social Sentiment for Philip Morris International

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.

Ticker	Social Sentiment(1-10)
PM

Companies with the highest correlation to Philip Morris International

Company	Score	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Demark Sell ? Demark 9 indicators are designed to look for exhaustion in the selling or buying trend which can often be predictive of a reversal point. This indicator is triggered when there are 9 consecutive days where the closing price is higher/lower than the closing price 4 days ago. Like all indicators, it is best used in combinations with other factors.	Short Interest Score
MO \| Altria Group, Inc.	0.63	1.44	3.44	-0.18	8.52	1.68	-6.75	88	-0.97	-2.11	-16.50	-5918.93	-8290.55	0	1.579
BTI \| British American Tobacco	0.6	-0.31	1.20	-3.61	-0.68	-1.54	-21.26	72	-2.28	-12.13	-30.77	-23630.95	-3739.00	0	0.367599
FLO \| Flowers Foods, Inc.	0.51	-0.56	1.26	4.80	9.17	15.93	-8.39	52	-4.54	-4.04	-13.82	-2227.75	-1600.02	0	1.57468
KO \| Coca-Cola Company	0.48	0.31	2.61	0.92	3.78	10.01	-2.85	63	10.01	4.76	3.07	-1380.58	-7674.14	0	1.18221
SEE \| Sealed Air Corp.	0.45	-1.13	-0.44	-15.70	-9.23	1.79	-31.65	52	0.39	0.46	-3.22	-406.97	-1206.71	0	3.84648
UVV \| Universal Corporation	0.45	-1.27	-0.41	-0.91	-11.56	12.89	-3.90	65	-5.82	-5.77	-6.87	-1117.36	-2541.54	0	1.74127
SON \| Sonoco Products Company	0.44	-0.76	-1.63	-2.87	-1.27	11.31	-5.55	53	2.91	1.93	1.40	-183.19	-4438.62	0	1.3801
AMCR \| Amcor plc Ordinary Shares	0.41	-1.21	-0.22	-5.89	-5.09	4.56	-16.51	70	-2.36	-2.54	-15.96	172.20	-3143.56	125	2.67495

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