PHATHOM PHARMACEUTICALS INC (PHAT) Stock Technical Analysis
NASDAQ:PHAT - Nasdaq - US71722W1071 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to PHAT. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PHAT is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
PHAT is part of the Pharmaceuticals industry. There are 195 other stocks in this industry. PHAT outperforms 90% of them.
In the last month PHAT has a been trading in the 3.69 - 12.32 range, which is quite wide. It is currently trading near the high of this range.
PHAT has an average volume of 3027000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that PHAT is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
PHAT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PHAT is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although PHAT has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
10.53
10.76
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.65 to 10.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 PHAT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PHAT is up. |
| ChartMill Relative Strength | 90.96 | POSITIVE | PHAT has a high relative strength, it outperformed 90.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PHAT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PHAT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PHAT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 86.4 | OVERBOUGHT | The high RSI value suggests PHAT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.61 | POSITIVE | The MACD value suggests PHAT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.58 | NEUTRAL | The Stochastics value for PHAT is a neutral value. |
| Average True Range in percent/ATR (20) | 9.95 | HIGH VOLATILITY | The high ATR as a percentage value for PHAT suggests high volalility. |
| Average Directional Index/ADX (14) | 44.06 | POSITIVE | The high ADX value value for PHAT 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)
10.64
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0%
1 Week20.5%
2 Weeks129.31%
1 Month160.47%
3 Month70.79%
6 Month42.82%
12 Month-3.97%
2 Year-25.7%
3 Year26.07%
5 Year-67.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.34
ATR(20)%9.95%
ATR Inc-1.08%
Range Today0.89
ADR(20)1.05
ADR(20)%9.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.96
Mansfield0.55
10 Day High12.32
10 Day Low4.47
20 Day High12.32
20 Day Low3.69
52 Week High19.71
52 Week Low2.21
CS1 EndN/A
CR1 Start10.65
Volume & EV
DER(3)1.29%
DER(5)1%
Volume1.82M
Volume Incr-17.28%
Vol(5)3.48M
Vol(50)3.03M