Philip Morris International(PM)

Philip Morris International (PM) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for PM · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$194.30last close · Jul 22, 202652-week range $142.11$199.78 · 2.74% below the high

PM Bullish Pennant Pattern

PM is currently forming a bullish pennant on the daily timeframe. Detected Jul 22, 2026.

A bullish pennant is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $205.08 (+13.6%). Across 3,749 backtested bullish pennants, the setup followed through 57.3% of the time, averaging +0.82R; PM's own bullish pennants have hit 80.0%.

DirectionBullishTarget$205.08Projected move+13.6%Breakout level$182.03

New to this pattern? What a bullish pennant is and how to trade it →

PM's Most Recent Bullish Pennant Trade

PM's most recent completed bullish pennant resolved as a loss: it broke higher on Jun 30, 2026 near $183.96, then was stopped out at $175.95 on Jul 14, 2026 — a 4.4% move (-1.07R) over 9 sessions. Across 44 backtested bullish pennants, this setup wins 63.6% of the time.

OutcomeLossResult-4.4%R-1.07REntry$183.96Exit$175.95

Learn about bullish pennant

How Bullish Pennants Have Performed

Win rate
57.3%
Avg return
+0.82R
Backtested trades
3,749
PM win rate
80.0%

Historical pattern statistics (1987-02-04 – 2026-06-30), not a prediction.

How these backtests work →

PM Pattern Trade History

Every completed pattern trade our nightly backtest found on PM's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Bullish PennantJun 30, 2026 @ $183.96Jul 14, 2026 @ $175.95Loss+13.6% · -1.07R
Falling WedgeApr 1, 2026 @ $160.83Apr 23, 2026 @ $169.19Loss+9.0% · -1.48R
Falling WedgeNov 10, 2025 @ $153.18Feb 18, 2026 @ $182.67Win+9.4% · +2.66R
Falling WedgeOct 28, 2025 @ $151.84Oct 31, 2025 @ $144.22Win+5.4% · +0.79R
TriangleOct 1, 2025 @ $161.17Oct 21, 2025 @ $145.69Win+10.2% · +3.79R
Rising WedgeJun 30, 2025 @ $180.18Jul 22, 2025 @ $166.47Win+9.2% · +2.11R
Rising WedgeJun 24, 2025 @ $183.97Jul 22, 2025 @ $168.15Win+11.3% · +5.82R
Rising WedgeJun 16, 2025 @ $181.56Jul 22, 2025 @ $165.97Win+11.7% · +3.04R
TriangleJan 17, 2024 @ $93.81Feb 8, 2024 @ $89.26Win+5.4% · +1.51R
Rising WedgeJan 8, 2024 @ $95.97Jan 23, 2024 @ $91.80Loss+6.8% · -1.04R
Falling WedgeNov 3, 2023 @ $91.50May 23, 2024 @ $99.65Win+8.7% · +1.91R
Falling WedgeSep 18, 2023 @ $96.35Sep 26, 2023 @ $91.07Loss+5.5% · -1.49R

Recent Bullish Pennants on Other Charts

FTNThit target +7.3%Jul 16, 2026INTCstopped −21.2%Jul 16, 2026DALhit target +17.5%Jul 7, 2026FIXstopped −14.3%Jul 7, 2026

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PM Support and Resistance Levels

Price is being turned away at a ceiling near $197.93 and starting to slide. On the weekly chart, the next floor below sits near $181.39 — about 7% away.

  • Traders commonly watch $181.39 as a target (its 38.2% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on yet — the spot to watch is right at the $197.93 ceiling, where price is testing it now, not out here in the slide. Chasing once price pulls away tends to be worse odds.

PM Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$192.03$199.78$189.38$194.30
Jul 21, 2026$191.80$193.00$187.31$188.04
Jul 20, 2026$192.80$194.90$191.16$192.72
Jul 17, 2026$191.99$194.62$190.60$192.98
Jul 16, 2026$182.47$190.00$181.66$189.84
Jul 15, 2026$176.45$181.12$175.76$180.88
Jul 14, 2026$180.68$182.00$175.84$175.95
Jul 13, 2026$181.72$184.18$179.75$180.19
Jul 10, 2026$181.57$182.52$178.45$181.62
Jul 9, 2026$186.58$187.45$180.64$181.17

PM Frequently Asked Questions

What chart pattern is PM forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a bullish pennant on Philip Morris International (PM) on the daily chart, with a measured-move target of $205.08.
Is a bullish pennant bullish or bearish?
The bullish pennant detected on PM is a bullish pattern, projecting a measured-move target of $205.08. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a bullish pennant pattern, and what is its win rate?
Across TradingPal's backtest of the bullish pennant family (3,749 trades over 628 symbols), it resolved in the expected direction 57.3% of the time with an average of +0.82R. These are historical statistics, not a prediction.
What is the price target if PM's pattern breaks out?
The detected bullish pennant has a geometry-based measured-move target of $205.08 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was PM's closing price on Jul 22, 2026?
Philip Morris International (PM) last closed at $194.30 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.