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The best indicator for Philip Morris International (PM)

We backtested 366 indicators across daily, weekly and hourly charts on real Philip Morris International (PM) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.

Signaling FLAT right now — Projection Bands (Weekly) is out of the market, as of 2026-06-08.
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Mean Reversion · Weekly

Projection Bands

On the weekly chart, this is the strongest risk-adjusted edge we found for Philip Morris International (PM) over ~18.3 years — trailing buy-and-hold by 1.2% CAGR.

11.1%
CAGR
0.96
Sharpe
-23.2%
Max DD
85.3%
Win rate
6.51
Profit factor
-1.2%
vs Buy&Hold
Confluence · Daily

Best multi-indicator combo

Random Walk IndexQQE

Going long only when all 2 agree was the strongest confluence setup we found for Philip Morris International (PM) — trailing buy-and-hold by 3.5% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.

8.9%
CAGR
0.64
Sharpe
46.1%
Win rate
284
Trades
-3.5%
vs Buy&Hold
Best by timeframe

The winner on each chart

Weekly
Projection Bands
-1.2% · Sharpe 0.96
Daily
Negative Volume Index
+1.5% · Sharpe 0.73
Full results

Every indicator, ranked

Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.

#IndicatorTFCAGRSharpeMax DDWinTradesvs B&H
1Projection Bands Weekly11.1%0.96-23.2%85.3%34-1.2%
2Detrended Price Osc. Weekly14.3%0.85-27.2%58.1%1052.0%
3Williams %R Weekly9.5%0.79-24.0%75.9%29-2.8%
4Negative Volume Index Daily13.9%0.73-37.2%33.3%151.5%
5Bollinger Mean-Reversion Weekly8.6%0.73-24.4%89.5%19-3.7%
6Fibonacci Bands Weekly8.6%0.73-24.4%89.5%19-3.7%
7RSI Mean-Reversion Daily6.0%0.68-19.6%89.7%29-6.4%
8Connors RSI Weekly8.3%0.67-25.5%78.0%41-4.1%
9QQE Weekly12.6%0.67-40.0%48.1%540.3%
10Order-Flow Reversion Weekly7.7%0.67-24.4%88.2%17-4.6%
11Lorentzian Classification Weekly9.1%0.66-25.4%57.6%151-3.2%
12J_TPO Daily8.7%0.65-24.1%39.3%244-3.7%
13Bollinger Breakout Daily6.5%0.63-18.0%45.5%77-5.8%
14MA Envelope Weekly9.0%0.63-29.3%80.5%41-3.4%

= held up out-of-sample. Hypothetical, costs included. See methodology.

What this means

For Philip Morris International (PM), Projection Bands on the weekly timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.

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