How likely is Pepsi stock to fall over the next week 3%

**PepsiCo's stock (PEP) is currently showing signs of a potential downturn.** Here's an analysis to support this view:

1. **Recent Performance**: PepsiCo's stock has experienced a decline of 1.44% over the past week. This recent dip could be an indication of a broader trend that may continue.

2. **Technical Indicators**: The stock's technical indicators are not favorable. The Relative Strength Index (RSI) is at 34, which is close to the oversold threshold of 30, suggesting that the stock may be under selling pressure. Additionally, the 5-day and 10-day moving averages are $173.91 and $174.55, respectively, which are very close to the closing price of $172.16, indicating a potential downward momentum.

3. **Market Sentiment**: Analysts have revised their earnings estimates downwards, with expected organic growth forecasts for the current fiscal year being slashed to 1.9%. This could reflect a bearish outlook on the company's future performance.
4. **Price Forecast**: The forecast price for PepsiCo's stock in the next ten trading days is expected to be between $175.68 and $176.77, which is below the current closing price, suggesting a potential for the stock to fall in the near term.

In conclusion, given the recent performance, technical indicators, market sentiment, and price forecast, PepsiCo's stock is showing signs of a potential downturn, and it is likely to fall over the next week. However, it's important to note that stock prices are subject to market fluctuations and uncertainties, and predictions should be used as a guide rather than a guarantee.