We assign a technical rating of 10 out of 10 to PHAT. Both in the recent history as in the last year, PHAT has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although PHAT has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
13.55
We found 2 important support areas.
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 | 96.89 | POSITIVE | PHAT has a high relative strength, it outperformed 96.89% 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) | UP | POSITIVE | The current price of PHAT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.38 | OVERBOUGHT | The high RSI value suggests PHAT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests PHAT has a positive trend. |
| Stochastics (14,3) | 78.36 | NEUTRAL | The Stochastics value for PHAT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.58 | MEDIUM VOLATILITY | The ATR as a percentage value for PHAT suggests some volalility. |
| Average Directional Index/ADX (14) | 29.21 | POSITIVE | The high ADX value value for PHAT suggests a strong trend. |
17.53
+1.25 (+7.68%)
ChartMill assigns a technical rating of 10 / 10 to PHAT.
The current trend direction for PHATHOM PHARMACEUTICALS INC (PHAT) is Bullish.
PHATHOM PHARMACEUTICALS INC (PHAT) has an RSI value of 76.3824. This indicates that the stock is currently overbought.
The MACD indicator for PHATHOM PHARMACEUTICALS INC (PHAT) has a value of 0.187954, indicating a bearish trend.
The short term momentum for PHATHOM PHARMACEUTICALS INC (PHAT) is positive.