PHIBRO ANIMAL HEALTH CORP-A (PAHC) Stock Technical Analysis
NASDAQ:PAHC - Nasdaq - US71742Q1067 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to PAHC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PAHC is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that PAHC is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by PAHC over the past year are nicely spread over this period.
PAHC is part of the Pharmaceuticals industry. There are 198 other stocks in this industry. PAHC outperforms 86% of them.
PAHC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
PAHC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PAHC is lagging the market slightly.
PAHC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 24.40. Right above this resistance zone may be a good entry point.
More info and screens
17.64
26.48
We found 3 important support areas.
- A support zone ranging from 23.02 to 23.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.41 from a horizontal line in the daily time frame.
- Support @17.82 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 24.40 to 24.52. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 25.55 to 25.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @26.22 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for PAHC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PAHC is up. |
| ChartMill Relative Strength | 85.99 | POSITIVE | PAHC has a high relative strength, it outperformed 85.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PAHC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PAHC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PAHC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.86 | NEUTRAL | The RSI value for PAHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests PAHC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72 | NEUTRAL | The Stochastics value for PAHC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.9 | MEDIUM VOLATILITY | The ATR as a percentage value for PAHC suggests some volalility. |
| Average Directional Index/ADX (14) | 30.55 | POSITIVE | The high ADX value value for PAHC suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 24.53 | 23.01 | 1.52 (6.20%) | 16.14% |
| An entry @24.53. This is a Buy Stop order right above the resistance zone. | An exit @23.01. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.52 points, which is 6.20%. | When investing 16.14% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of PAHC. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
23.24
+0.22 (+0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.96%
1 Week-3.17%
2 Weeks3.43%
1 Month29.18%
3 Month3.29%
6 Month-2.11%
12 Month25.28%
2 Year74.74%
3 Year20.98%
5 Year-11.3%
10 Year-32.89%
15 YearN/A
Volatility
ATR(14)1.04
ATR(20)%3.9%
ATR Inc-35.86%
Range Today0.83
ADR(20)0.85
ADR(20)%3.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.99
Mansfield0.95
10 Day High24.87
10 Day Low22.51
20 Day High24.87
20 Day Low18.01
52 Week High26.55
52 Week Low16.16
CS1 End23.23
CR1 Start24.4
Volume & EV
DER(3)1.1%
DER(5)0.5%
Volume135.40K
Volume Incr-13.15%
Vol(5)217.62K
Vol(50)235.76K