PHUNWARE INC (PHUN) Stock Technical Analysis
NASDAQ:PHUN - Nasdaq - US71948P2092 - Common Stock - Currency: USD
Overall PHUN gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. PHUN was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, PHUN is a bad performer in the overall market: 86% of all stocks are doing better.
PHUN is part of the Software industry. There are 282 other stocks in this industry, of which 71% are performing better than PHUN.
PHUN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month PHUN has a been trading in the 2.85 - 3.56 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PHUN has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 2.98, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.82
5.89
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.96 to 2.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.85 to 2.86. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 3.30 to 3.34. 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 3.45 to 3.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.72 from a horizontal line in the daily time frame.
- Resistance @4.28 from a trend line in the weekly time frame.
- Resistance @5.83 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for PHUN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PHUN is up. |
| ChartMill Relative Strength | 14.35 | NEGATIVE | PHUN has a low relative strength, it was outperformed by 85.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PHUN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PHUN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PHUN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.65 | NEUTRAL | The RSI value for PHUN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PHUN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.91 | NEUTRAL | The Stochastics value for PHUN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.79 | HIGH VOLATILITY | The high ATR as a percentage value for PHUN suggests high volalility. |
| Average Directional Index/ADX (14) | 18.41 | NEGATIVE | The low ADX value for PHUN suggests a weak or negative 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)
3.25
-0.06 (-1.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.81%
1 Week-5.52%
2 Weeks6.91%
1 Month-5.25%
3 Month24.52%
6 Month-38.56%
12 Month-44.25%
2 Year-84.11%
3 Year-95.58%
5 Year-95.64%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%5.79%
ATR Inc-20.86%
Range Today0.14
ADR(20)0.18
ADR(20)%5.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.35
Mansfield-2.42
10 Day High3.56
10 Day Low3
20 Day High3.56
20 Day Low2.85
52 Week High14.6
52 Week Low2.22
CS1 End2.98
CR1 Start3.3
Volume & EV
DER(3)-4.52%
DER(5)-6.85%
Volume222.00K
Volume Incr-19.25%
Vol(5)291.14K
Vol(50)264.12K