Procter & Gamble Co

PG remains entrenched in a downtrend, trading below all major EMAs with a clear sequence of lower highs and lower lows. Medium-term bias is bearish under a Stage 4 distribution environment, and short-term conditions are unfavorable for buying. Execution should focus on selling into resistance around the 145–147 zone or participation on a breakdown below the 142–143 support levels.

• ↑2.9% yield and 70-year dividend increase streak underscore cash return reliability.
• ↑Returned $16 billion to shareholders last year via dividends and buybacks.
• ↓DCF analysis implies ~62% downside to intrinsic value at current price.