PHATHOM PHARMACEUTICALS INC (PHAT) Technical Analysis
NASDAQ:PHAT • US71722W1071
Current stock price
PHAT Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to PHAT. Although PHAT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, we notice that PHAT is one of the better performing stocks in the market, outperforming 94% of all stocks.
- PHAT is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 85% of 191 stocks in the same industry.
- PHAT has an average volume of 1093410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- 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.
- In the last month PHAT has a been trading in the 10.21 - 13.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PHAT Weekly and Daily overview Charts
PHAT Setup Rating and Analysis
PHAT has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
PHAT Support and Resistance Analysis
9.95
When analyzing the support we can see 3 important areas.
- Support @10.80 from a trend line in the weekly time frame.
- A support zone ranging from 10.32 to 10.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 10.05 to 10.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @13.20 from a horizontal line in the weekly time frame.
- Resistance @13.48 from a horizontal line in the daily time frame.
- Resistance @17.34 from a trend line in the weekly time frame.
PHAT Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for PHAT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PHAT is neutral. |
| ChartMill Relative Strength | 94.72 | POSITIVE | PHAT has a high relative strength, it outperformed 94.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PHAT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PHAT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PHAT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.87 | NEUTRAL | The RSI value for PHAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests PHAT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.12 | NEUTRAL | The Stochastics value for PHAT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.99 | HIGH VOLATILITY | The high ATR as a percentage value for PHAT suggests high volalility. |
| Average Directional Index/ADX (14) | 24.67 | NEUTRAL | The ADX value for PHAT suggests a possible start of a new trend. |
PHAT Chart- and CandleStick Pattern Analysis
PHAT Technicals: Chart, Performance Metrics, Trend & Indicators
11.73
-1.15 (-8.93%)
PHATHOM PHARMACEUTICALS INC / PHAT TA FAQ
What is the technical rating for PHAT stock?
ChartMill assigns a technical rating of 6 / 10 to PHAT.
What is the trend direction for PHAT stock?
The current trend direction for PHATHOM PHARMACEUTICALS INC (PHAT) is Bearish.
What is the RSI signal for PHAT stock?
PHATHOM PHARMACEUTICALS INC (PHAT) has an RSI value of 46.8717. This indicates that the stock is currently neutral.
What is the short term momentum for PHATHOM PHARMACEUTICALS INC (PHAT) stock?
The short term momentum for PHATHOM PHARMACEUTICALS INC (PHAT) is neutral.
What is the support and resistance level for PHAT stock?
PHATHOM PHARMACEUTICALS INC (PHAT) has a support level at 10.8 and a resistance level at 13.2. Check the full technical report for our detailed analysis of PHAT support and resistance levels.