PEP Weekly Technical Analysis
PepsiCo
Global food & beverage giant (Pepsi, Gatorade, Lays, Doritos)
PEP Technical Analysis Summary
PEP has initiated a forceful short-term rally off a major double bottom support zone near 156, bolstered by a clear bullish weekly MACD crossover. The stock is currently challenging a significant band of overhead resistance around 165-168, which includes the 50-week moving average. While short-term momentum is decidedly positive, a sustained breakout above the 176 structural resistance is required to confirm an end to the broader corrective phase and a resumption of the primary multi-year uptrend.
Included In Lists
Related Tickers of Interest
PEP Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bullish
Price has formed a sharp recovery from the 156 support zone, breaking above the 20-week moving average. This bounce is confirmed by a bullish MACD crossover deep in negative territory and a steeply rising RSI.
Long-term Sentiment (weeks to months): Neutral
The stock remains in a broad, multi-month corrective structure, making lower highs since the 2023 peak. However, it continues to hold structural support well above the long-term rising 200-week SMA, indicating a prolonged consolidation rather than a secular bear trend.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-02-21T18:36:01.725Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $158.00 | $156.00 - $160.00 | Strong | Recent major swing low and origin of the current sharp rally; forms the base of a potential double bottom. |
| $145.50 | $143.00 - $148.00 | Strong | Long-term historical consolidation zone aligning with the rising 200-week SMA. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $166.50 | $165.00 - $168.00 | Strong | Immediate overhead confluence zone including the 50-week SMA, the upper Bollinger Band, and previous minor consolidation. |
| $178.00 | $176.00 - $180.00 | Strong | Major structural lower high from mid-2023; a critical level to clear to signal a long-term trend reversal. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Double Bottom | Bullish | $196.00 | Price has found significant support twice in the 156-158 area over several months, with the most recent test resulting in a strong bullish reversal and MACD crossover. |
Frequently Asked Questions about PEP
What is the current sentiment for PEP?
The short-term sentiment for PEP is currently Bullish because Price has formed a sharp recovery from the 156 support zone, breaking above the 20-week moving average. This bounce is confirmed by a bullish MACD crossover deep in negative territory and a steeply rising RSI.. The long-term trend is classified as Neutral.
What are the key support levels for PEP?
StockDips.AI has identified key support levels for PEP at $158.00 and $145.50. These levels may represent potential accumulation zones where buying interest could emerge.
Is PEP in a significant dip or a Value Dip right now?
PEP has a Value Score of 75/100. It is currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.