Philip Morris International is a holding company. Through its subsidiaries, Co. is a tobacco company engaged in the manufacture and sale of cigarettes, smoke-free products and associated electronic devices and accessories, and other nicotine-containing products in markets outside the United States. Co.'s portfolio comprises international and local brands including Marlboro, which is complemented in the premium-price category by Parliament. Co.'s other international cigarette brands are Bond Street, Chesterfield, L&M, Lark and Philip Morris. Co. also owns various local cigarette brands, such as Dji Sam Soe, Sampoerna A and Sampoerna U in Indonesia, and Fortune and Jackpot in the Philippines.
When researching a stock like Philip Morris International, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from PM Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for PM stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the PM 200 day moving average ("PM 200 DMA"), while one of the most popular "shorter look-backs" is the PM 50 day moving average ("PM 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Philip Morris International. |
Video: Technical Analysis