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. PHOE has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
PHOE has an average technical rating and also the quality of the setup is only medium 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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6.99
When analyzing the support we can see 2 important areas.
- Support @7.40 from a trend line in the daily time frame.
- 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.
We found 1 important resistance area.
- A resistance zone ranging from 8.19 to 8.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The short term trend for PHOE is up. |
| 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) | 52.83 | NEUTRAL | The RSI value for PHOE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests PHOE has a negative trend. |
| Stochastics (14,3) | 30.38 | NEUTRAL | The Stochastics value for PHOE is a neutral value. |
| Average True Range in percent/ATR (20) | 26.64 | HIGH VOLATILITY | The high ATR as a percentage value for PHOE suggests high volalility. |
| Average Directional Index/ADX (14) | 29.27 | POSITIVE | The high ADX value value for PHOE suggests a strong trend. |
NASDAQ:PHOE (7/21/2025, 4:10:14 PM)
7.85
-0.35 (-4.27%)