PHOENIX ASIA HOLDINGS LTD (PHOE) Stock Technical Analysis
NASDAQ:PHOE - Nasdaq - KYG7075R1083 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to PHOE. In the last year, PHOE was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, PHOE is a bad performer in the overall market: 100% of all stocks are doing better.
In the last month PHOE has a been trading in the 6.99 - 17.60 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, PHOE 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 7.13, a Stop Loss order could be placed below this zone.
More info and screens
6.99
10.12
We found 1 important support area.
- A support zone ranging from 7.06 to 7.13. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 8.01 to 8.13. 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 8.51 to 8.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.02 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 | UP | POSITIVE | The long term trend for PHOE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PHOE is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | PHOE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PHOE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PHOE is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 49.16 | NEUTRAL | The RSI value for PHOE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests PHOE has a negative trend. |
| Stochastics (14,3) | 26.38 | NEUTRAL | The Stochastics value for PHOE is a neutral value. |
| Average True Range in percent/ATR (20) | 21.04 | HIGH VOLATILITY | The high ATR as a percentage value for PHOE suggests high volalility. |
| Average Directional Index/ADX (14) | 39.92 | POSITIVE | The high ADX value value for PHOE suggests a strong 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)
7.84
-0.17 (-2.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.12%
1 Week-3.33%
2 Weeks2.48%
1 Month10.89%
3 Month154.55%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.11
ATR(20)%21.04%
ATR Inc-27.3%
Range Today0.88
ADR(20)1.57
ADR(20)%20.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High8.88
10 Day Low6.99
20 Day High17.6
20 Day Low6.99
52 Week HighN/A
52 Week LowN/A
CS1 End7.13
CR1 Start8.01
Volume & EV
DER(3)-4.68%
DER(5)2.24%
Volume20.60K
Volume Incr-79.68%
Vol(5)19.66K
Vol(50)77.36K