PEP Stalls at $143.78 Amid Bearish EMAs

PepsiCo Inc (PEP) traded flat at $143.78 on December 27.

Technical indicators paint a bearish picture:

• Moving Averages: Price sits below both the 9-day ($146.25) and 21-day ($146.96) EMAs, suggesting short-term weakness.
• Momentum: RSI at 37.1 is in neutral territory but trending lower. MACD is bearish (-0.41 vs signal 0.28).
• Volatility: Bollinger Band width at 6.6% indicates low volatility.

Key levels to watch: Support at $142.86, Resistance at $152.54.