PHATHOM PHARMACEUTICALS INC (PHAT) Stock Technical Analysis
NASDAQ:PHAT - Nasdaq - US71722W1071 - Common Stock - Currency: USD
Taking everything into account, PHAT scores 1 out of 10 in our technical rating. PHAT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
92% of all other stocks performed better in the past year than PHAT.
PHAT is part of the Pharmaceuticals industry. There are 198 other stocks in this industry, of which 68% are performing better than PHAT.
PHAT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PHAT is lagging the market.
In the last month PHAT has a been trading in the 2.21 - 4.49 range, which is quite wide. It is currently trading near the high of this range.
PHAT has an average volume of 1757330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of PHAT is bad and it also does not present a 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
4.19
5.78
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 4.36 to 4.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @5.30 from a trend line in the daily time frame.
- Resistance @5.72 from a trend 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 | DOWN | NEGATIVE | The long term trend for PHAT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PHAT is neutral. |
| ChartMill Relative Strength | 8.08 | NEGATIVE | PHAT has a low relative strength, it was outperformed by 91.92% 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) | DOWN | NEGATIVE | The current price of PHAT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PHAT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55 | NEUTRAL | The RSI value for PHAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests PHAT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.96 | OVERBOUGHT | The high Stochastics value suggests PHAT may be overbought. |
| Average True Range in percent/ATR (20) | 11.68 | HIGH VOLATILITY | The high ATR as a percentage value for PHAT suggests high volalility. |
| Average Directional Index/ADX (14) | 16.92 | NEGATIVE | The low ADX value for PHAT suggests a weak or negative 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)
4.23
+0.33 (+8.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg8.46%
1 Week21.55%
2 Weeks84.72%
1 Month2.67%
3 Month-25.4%
6 Month-54.71%
12 Month-59.71%
2 Year-64.03%
3 Year-41%
5 Year-90%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%11.68%
ATR Inc11.68%
Range Today0.54
ADR(20)0.48
ADR(20)%11.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.08
Mansfield-5.77
10 Day High4.49
10 Day Low2.33
20 Day High4.49
20 Day Low2.21
52 Week High19.71
52 Week Low2.21
CS1 EndN/A
CR1 Start4.36
Volume & EV
DER(3)-0.79%
DER(5)-2.63%
Volume766.20K
Volume Incr-47%
Vol(5)1.27M
Vol(50)1.76M