PepsiCo Rallies 3 Percent Eyes 160 Resistance

$Pepsi(PEP)$

PepsiCo, Inc. (PEP) Rallies +3.32%: Consumer Staple Defies Headwinds, Eyes $160 Resistance

Latest Close Data

Closed at $153.63 (+3.32%) on Feb 1, 2026. The stock is now within 4.1% of its 52-week high of $160.15.

Core Market Drivers

PepsiCo's defensive characteristics as a consumer staple are being highlighted amid market uncertainty.

A solid 3.62% dividend yield provides income support. Recent five-day capital flow data shows mixed sentiment, with significant outflows on Jan 28-29.

Technical Analysis

Volume surged with a Volume Ratio of 1.83, confirming the breakout move.
The MACD shows a strong bullish signal with DIF at 1.32 crossing above DEA at 0.34, generating a positive histogram of 1.96.
The 6-day RSI at 84.25 indicates overbought conditions, suggesting a potential short-term pullback.

Key Price Levels

Immediate Pivot/Support: $153.65 (Previous resistance, now key support).
Primary Support: $148.75.
Strong Resistance: $160.15 (52-week high).

Valuation Perspective

Forward P/E of 17.97 is below its historical average of 20.76 and near its -1 standard deviation (17.97), suggesting relative value within its own historical context. TTM P/E of 29.22 reflects its premium, stable earnings profile.

Analyst Targets

24 analysts have an average price target of $159.92 (+4.1% upside). Sentiment is cautiously optimistic with 2 Strong Buy, 8 Buy, 14 Hold, and 1 Underperform ratings.

Weekly Outlook

Expect consolidation near the $153.65 pivot after the strong move. A successful hold above this level could lead to a test of the $160 resistance. A break below $148.75 would signal a deeper retracement toward the $142-$145 zone.

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