We assign a technical rating of 1 out of 10 to PHIO. PHIO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, PHIO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.07, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PHIO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.00
2 important support areas can be observed.
- A support zone ranging from 1.07 to 1.07. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 1.01 to 1.02. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 1.19 to 1.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.22 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.26 to 1.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.38 from a trend line in the weekly time frame.
- Resistance @2.05 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 PHIO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PHIO is down. |
| ChartMill Relative Strength | 5.07 | NEGATIVE | PHIO has a low relative strength, it was outperformed by 94.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PHIO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PHIO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PHIO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.23 | NEUTRAL | The RSI value for PHIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests PHIO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.82 | OVERBOUGHT | The high Stochastics value suggests PHIO may be overbought. |
| Average True Range in percent/ATR (20) | 5.52 | HIGH VOLATILITY | The high ATR as a percentage value for PHIO suggests high volalility. |
| Average Directional Index/ADX (14) | 13.25 | NEGATIVE | The low ADX value for PHIO suggests a weak or negative trend. |
1.19
+0.03 (+2.59%)
PHIO PHARMACEUTICALS CORP / PHIO FAQ
Can you provide the ChartMill technical rating for PHIO PHARMACEUTICALS CORP?
ChartMill assigns a technical rating of 1 / 10 to PHIO.
What is the trend direction for PHIO stock?
The current trend direction for PHIO PHARMACEUTICALS CORP (PHIO) is Bearish.
What is the RSI signal for PHIO stock?
PHIO PHARMACEUTICALS CORP (PHIO) has an RSI value of 51.2315. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PHIO PHARMACEUTICALS CORP?
The short term momentum for PHIO PHARMACEUTICALS CORP (PHIO) is negative.
What is the buy/sell signal for PHIO PHARMACEUTICALS CORP (PHIO) stock?
The buy/sell signal for PHIO PHARMACEUTICALS CORP (PHIO) is sell as both the short term and long term trends are negative.