Procter and Gamble Company (The)(PG) has rising momentum with an uptrend

(31-Mar-2008) (31-Mar-2008) Procter and Gamble Company (The)(PG) closed at 69.44, up 0.03 or 0.04 % for the day. Based on our analysis, Procter and Gamble Company (The)(PG) has rising momentum with an uptrend.

The closing price of Procter and Gamble Company (The)(PG) is above its 50 day moving average of 66.78 (Designated by blue line). This indicates that the trend is up. The MACD histogram(Gray bars on the bottom) above the signal line(Dark Red Line) tells us that Procter and Gamble Company (The)(PG) is gaining momentum. An uptrend with with rising momentum is a good omen for the stock. The MACD histogram crossed above the signal line on 5-Feb-2008, about 38 trading days ago.