Procter and Gamble Company (The)(PG) is in an downtrend

(28-Jan-2008) (28-Jan-2008) Procter and Gamble Company (The)(PG) closed at 65.29, down -0.02 or -0.03 % today. Based on our analysis, Procter and Gamble Company (The)(PG) is in an downtrend.

The closing price of Procter and Gamble Company (The)(PG) is below its 50 day moving average of 71.7 (Designated by blue line). This indicates that the trend is down. The MACD histogram(Gray bars on the bottom) below the signal line(Dark Red Line) tells us that Procter and Gamble Company (The)(PG) is losing momentum. The loss of momentum in a downtrend confirms that the downtrend is intact. The MACD histogram crossed below the signal line on 13-Dec-2007, about 31 trading days ago.