PHX MINERALS INC (PHX) Technical Analysis
NYSE:PHX • US69291A1007
Current stock price
PHX Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to PHX. Both in the recent history as in the last year, PHX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that PHX is one of the better performing stocks in the market, outperforming 84% of all stocks. On top of that, PHX also shows a nice and consistent pattern of rising prices.
- A new 52 week high is currently being made by PHX, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so PHX is leading the market.
- PHX is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 53% of 209 stocks in the same industry.
- In the last month PHX has a been trading in a tight range between 4.31 and 4.35.
PHX Weekly and Daily overview Charts
PHX Setup Rating and Analysis
PHX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 4.36. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.33, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
PHX Support and Resistance Analysis
3.39
We found 4 important support areas.
- A support zone ranging from 4.30 to 4.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.74 from a trend line in the daily time frame.
- A support zone ranging from 3.51 to 3.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.42 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.36 to 4.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
PHX 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 | UP | POSITIVE | The long term trend for PHX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PHX is up. |
| ChartMill Relative Strength | 84.76 | POSITIVE | PHX has a high relative strength, it outperformed 84.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PHX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PHX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PHX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.12 | NEUTRAL | The RSI value for PHX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PHX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 83.33 | OVERBOUGHT | The high Stochastics value suggests PHX may be overbought. |
| Average True Range in percent/ATR (20) | 0.29 | LOW VOLATILITY | The low ATR as a percentage value for PHX suggests low volalility. |
| Average Directional Index/ADX (14) | 28.76 | POSITIVE | The high ADX value value for PHX suggests a strong trend. |
PHX Chart- and CandleStick Pattern Analysis
PHX Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.37 | 4.30 | 0.07 (1.60%) | 25.00% |
| An entry @4.37. This is a Buy Stop order right above the resistance zone. | An exit @4.30. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.07 points, which is 1.60%. | For a 0.40% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PHX Technicals: Chart, Performance Metrics, Trend & Indicators
4.35
+0.01 (+0.23%)
PHX MINERALS INC / PHX TA FAQ
What is the technical rating for PHX stock?
ChartMill assigns a technical rating of 10 / 10 to PHX.
Can you provide the trend direction for PHX MINERALS INC?
The current trend direction for PHX MINERALS INC (PHX) is Bullish.
What is the RSI signal for PHX MINERALS INC (PHX) stock?
PHX MINERALS INC (PHX) has an RSI value of 65.1201. This indicates that the stock is currently neutral.
What is the MACD signal for PHX stock?
The MACD indicator for PHX MINERALS INC (PHX) has a value of -0.0136209, indicating a bearish trend.
What is the buy/sell signal for PHX stock?
The buy/sell signal for PHX MINERALS INC (PHX) is buy as both the short term and long term trends are positive.