Procter & Gamble Co.(PG) is in an downtrend

(25-Apr-2008) (25-Apr-2008) Procter & Gamble Co.(PG) closed at 66.55, down -0.28 or -0.42 % today. Based on our analysis, Procter & Gamble Co.(PG) is in an downtrend.

The closing price of Procter & Gamble Co.(PG) is below its 50 day moving average of 68.05 (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 & Gamble Co.(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 10-Apr-2008, about 13 trading days ago.