PHBN Technical Analysis - SONOVA HOLDING AG-REG

Technical Rating and Analysis

Overall PHBN gets a technical rating of 1 out of 10. PHBN performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.

When comparing the yearly performance of all stocks, PHBN is a bad performer in the overall market: 100% of all stocks are doing better.

PHBN is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 84% of 60 stocks in the same industry do better.

In the last month PHBN has a been trading in the 230.90 - 258.00 range, which is quite wide. It is currently trading near the lows of this range.

Warning: PHBN has an average volume of 26 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

SONOVA HOLDING AG-REG / PHBN Weekly stock chart

SONOVA HOLDING AG-REG / PHBN Daily stock chart

Setup Rating and Analysis

The technical rating of PHBN 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

228.58

260.59

We found 1 important support area.

A support zone ranging from 230.89 to 234.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

2 important resistance areas can be observed.

A resistance zone ranging from 241.75 to 247.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A resistance zone ranging from 254.28 to 258.01. This zone is formed by a combination of multiple trend lines in multiple time frames.

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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	UP	POSITIVE	The long term trend for PHBN.DE is up.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for PHBN.DE is down.
ChartMill Relative Strength	0	NEGATIVE	PHBN.DE has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of PHBN.DE is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of PHBN.DE is below a declining SMA(50).
Relative Strength Index/RSI (14)	39.11	NEUTRAL	The RSI value for PHBN.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-2.56	NEGATIVE	The MACD value suggests PHBN.DE has a negative trend, although the MACD value is rising.
Stochastics (14,3)	8.12	OVERSOLD	The low Stochastics value suggests PHBN.DE may be oversold.
Average True Range in percent/ATR (20)	1.55	LOW VOLATILITY	The low ATR as a percentage value for PHBN.DE suggests low volalility.
Average Directional Index/ADX (14)	22.17	NEUTRAL	The ADX value for PHBN.DE suggests a possible start of a new trend.