PHATHOM PHARMACEUTICALS INC (PHAT) Stock Technical Analysis
USA - NASDAQ:PHAT - US71722W1071 - Common Stock
Taking everything into account, PHAT scores 7 out of 10 in our technical rating. Although PHAT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although PHAT has an excellent technical rating, the quality of the presented setup is not ideal at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
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10.87
We found 4 important support areas.
- Support @13.03 from a horizontal line in the daily time frame.
- Support @12.73 from a trend line in the daily time frame.
- A support zone ranging from 12.03 to 12.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.98 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 13.39 to 13.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.02 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 PHAT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PHAT is neutral. |
| ChartMill Relative Strength | 67.32 | NEUTRAL | PHAT is not amongst the best or worst performers 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) | 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) | 53.46 | NEUTRAL | The RSI value for PHAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests PHAT has a negative trend. |
| Stochastics (14,3) | 17.57 | OVERSOLD | The low Stochastics value suggests PHAT may be oversold. |
| Average True Range in percent/ATR (20) | 7.77 | HIGH VOLATILITY | The high ATR as a percentage value for PHAT suggests high volalility. |
| Average Directional Index/ADX (14) | 25.97 | POSITIVE | The high ADX value value for PHAT suggests a strong trend. |
13.25
+0.21 (+1.61%)
PHATHOM PHARMACEUTICALS INC / PHAT FAQ
What is the ChartMill technical rating of PHATHOM PHARMACEUTICALS INC (PHAT) stock?
ChartMill assigns a technical rating of 7 / 10 to PHAT.
Can you provide the trend direction for PHATHOM PHARMACEUTICALS INC?
The current trend direction for PHATHOM PHARMACEUTICALS INC (PHAT) is Bullish.
Can you provide the RSI signal for PHATHOM PHARMACEUTICALS INC?
PHATHOM PHARMACEUTICALS INC (PHAT) has an RSI value of 53.4631. This indicates that the stock is currently neutral.
What is the MACD signal for PHATHOM PHARMACEUTICALS INC (PHAT) stock?
The MACD indicator for PHATHOM PHARMACEUTICALS INC (PHAT) has a value of -0.107399, indicating a bearish trend.
What is the short term momentum for PHATHOM PHARMACEUTICALS INC (PHAT) stock?
The short term momentum for PHATHOM PHARMACEUTICALS INC (PHAT) is neutral.