PHOENIX ASIA HOLDINGS LTD (PHOE) Technical Analysis
NASDAQ:PHOE • KYG7075R1083
Current stock price
PHOE Technical Rating and Analysis
Taking everything into account, PHOE scores 1 out of 10 in our technical rating. PHOE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, PHOE is a bad performer in the overall market: 100% of all stocks are doing better.
- PHOE is part of the Construction & Engineering industry. There are 56 other stocks in this industry, of which 81% are performing better than PHOE.
- In the last month PHOE has a been trading in the 13.00 - 18.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
PHOE Weekly and Daily overview Charts
PHOE Setup Rating and Analysis
Although the technical rating is bad, PHOE does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 16.83. Right above this resistance zone may be a good entry point.
More info and screens
PHOE Support and Resistance Analysis
10.61
We found 4 important support areas.
- A support zone ranging from 15.29 to 15.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.27 from a trend line in the weekly time frame.
- Support @11.05 from a trend line in the daily time frame.
- Support @10.72 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 16.83 to 16.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
PHOE 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 | DOWN | NEGATIVE | The long term trend for PHOE is down. |
| 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) | DOWN | NEGATIVE | The current price of PHOE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PHOE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.27 | NEUTRAL | The RSI value for PHOE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests PHOE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 48.12 | NEUTRAL | The Stochastics value for PHOE is a neutral value. |
| Average True Range in percent/ATR (20) | 11.68 | HIGH VOLATILITY | The high ATR as a percentage value for PHOE suggests high volalility. |
| Average Directional Index/ADX (14) | 68.55 | POSITIVE | The high ADX value value for PHOE suggests a strong trend. |
PHOE Chart- and CandleStick Pattern Analysis
PHOE Technicals: Chart, Performance Metrics, Trend & Indicators
15.58
-0.42 (-2.62%)
PHOENIX ASIA HOLDINGS LTD / PHOE TA FAQ
Can you provide the ChartMill technical rating for PHOENIX ASIA HOLDINGS LTD?
ChartMill assigns a technical rating of 1 / 10 to PHOE.
Can you provide the trend direction for PHOENIX ASIA HOLDINGS LTD?
The current trend direction for PHOENIX ASIA HOLDINGS LTD (PHOE) is Bearish.
Can you provide the RSI signal for PHOENIX ASIA HOLDINGS LTD?
PHOENIX ASIA HOLDINGS LTD (PHOE) has an RSI value of 49.2735. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PHOENIX ASIA HOLDINGS LTD?
The short term momentum for PHOENIX ASIA HOLDINGS LTD (PHOE) is neutral.
What is the support and resistance level for PHOE stock?
PHOENIX ASIA HOLDINGS LTD (PHOE) has a support level at 15.29 and a resistance level at 16.83. Check the full technical report for our detailed analysis of PHOE support and resistance levels.