FX.co ★ Patterns #PEP | PepsiCo, Inc. Stock Price

The Bullish pennant graphic pattern has formed on the #PEP M30 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 172.05.

The Bullish pennant graphic pattern has formed on the #PEP M15 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 171.98.

The Double Top pattern has been formed on #PEP M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 168.18 is broken, the downward movement will continue.

The Double Top pattern has been formed on #PEP M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 168.77 is broken, the downward movement will continue.

The Triple Top pattern has formed on the chart of the #PEP M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 7, support level -7, and pattern’s width 40. Forecast If the price breaks through the support level 168.07, it is likely to move further down to 168.34.

On the chart of #PEP M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 168.49; the lower boundary 168.07; the width of the pattern 42 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 167.92 level.

The Triple Bottom pattern has been formed on #PEP H1. It has the following characteristics: resistance level 170.70/169.86; support level 168.05/167.75; the width is 265 points. In the event of a breakdown of the resistance level of 170.70, the price is likely to continue an upward movement at least to 168.17.

According to M5, #PEP is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 168.69/168.77 is broken out, the instrument is likely to move toward 168.92.

The Triple Bottom pattern has formed on the chart of the #PEP M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 168.83/168.69.

According to the chart of M5, #PEP formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 167.77/168.26 and upper border is 168.94/168.26. The pattern width is measured on the chart at -117 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and #PEP breaches the lower border, the price could continue its move toward 168.11.