KONINKLIJKE PHILIPS NVR- NY (PHG) Stock Technical Analysis
USA - NYSE:PHG - US5004723038
Overall PHG gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PHG is only an average performer.
PHG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 28.83. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.62, a Stop Loss order could be placed below this zone.
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22.86
3 important support areas can be observed.
- A support zone ranging from 27.70 to 28.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.56 to 27.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.09 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @28.83 from a horizontal line in the weekly time frame.
- Resistance @29.38 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 PHG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PHG is up. |
| ChartMill Relative Strength | 67.51 | NEUTRAL | PHG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PHG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PHG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PHG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.21 | NEUTRAL | The RSI value for PHG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests PHG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.87 | OVERBOUGHT | The high Stochastics value suggests PHG may be overbought. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for PHG suggests some volalility. |
| Average Directional Index/ADX (14) | 16.7 | NEGATIVE | The low ADX value for PHG suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 28.84 | 27.69 | 1.15 (3.99%) | 25.00% |
| An entry @28.84. This is a Buy Stop order right above the resistance zone. | An exit @27.69. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.15 points, which is 3.99%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
28.67
-0.25 (-0.86%)
KONINKLIJKE PHILIPS NVR- NY / PHG FAQ
What is the ChartMill technical rating of KONINKLIJKE PHILIPS NVR- NY (PHG) stock?
ChartMill assigns a technical rating of 7 / 10 to PHG.
What is the trend direction for PHG stock?
The current trend direction for KONINKLIJKE PHILIPS NVR- NY (PHG) is Bullish.
Can you provide the RSI signal for KONINKLIJKE PHILIPS NVR- NY?
KONINKLIJKE PHILIPS NVR- NY (PHG) has an RSI value of 55.2135. This indicates that the stock is currently neutral.
What is the MACD signal for KONINKLIJKE PHILIPS NVR- NY (PHG) stock?
The MACD indicator for KONINKLIJKE PHILIPS NVR- NY (PHG) has a value of 0.0987239, indicating a bearish trend.
What are the support and resistance levels for KONINKLIJKE PHILIPS NVR- NY (PHG) stock?
KONINKLIJKE PHILIPS NVR- NY (PHG) has a support level at 28.62 and a resistance level at 28.83. Check the full technical report for our detailed analysis of PHG support and resistance levels.