Pfizer (PFE) Drops 6.68% In Accordance With Our Self-Learning Algorithm

In accordance with the algorithm, Pfizer (PFE) dropped 6.68% from the March 21st forecast in the 3-month time horizon. Pfizer had a signal of -0.8 and predictability of 0.15.

 

The international biopharmaceutical conglomerate failed to acquire AstraZenca last month, however the company still has strong prospects including a brand new medication called palbociclib, a breast cancer drug.  Pfizer also opened up a new revolutionary research and development center in Cambridge Massachusettes.

Before making any trading decisions, consult the latest forecast as the algorithm constantly updates predictions daily. While the algorithm can be used for intra-day trading the predictability tends to become stronger with forecasts over longer time-horizons such as the 1-month, 3-month and 1-year forecasts.

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