PHP Ventures Acquisition Corporation (PPHPR) Stock Technical Analysis
NASDAQ:PPHPR - Nasdaq - US69291C1229 - Currency: USD
We assign a technical rating of 0 out of 10 to PPHPR. PPHPR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, PPHPR is a bad performer in the overall market: 83% of all stocks are doing better.
Warning: PPHPR has an average volume of 7360 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
PPHPR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PPHPR is lagging the market.
In the last month PPHPR has a been trading in the 0.10 - 0.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
PPHPR has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.10
0.22
When analyzing the support we notice one important area.
- Support @0.10 from a trend line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.17 from a trend line in the daily time frame.
- A resistance zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.22 from a trend 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 | DOWN | NEGATIVE | The long term trend for PPHPR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PPHPR is down. |
| ChartMill Relative Strength | 17.96 | NEGATIVE | PPHPR has a low relative strength, it was outperformed by 82.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PPHPR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PPHPR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PPHPR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.38 | NEUTRAL | The RSI value for PPHPR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PPHPR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.82 | NEUTRAL | The Stochastics value for PPHPR is a neutral value. |
| Average True Range in percent/ATR (20) | 17.02 | HIGH VOLATILITY | The high ATR as a percentage value for PPHPR suggests high volalility. |
| Average Directional Index/ADX (14) | 14.52 | NEGATIVE | The low ADX value for PPHPR 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)
PHP Ventures Acquisition Corporation
NASDAQ:PPHPR (3/8/2024, 10:33:37 AM)
0.1336
+0 (+2.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.77%
1 Week27.12%
2 Weeks-9.18%
1 Month-34.12%
3 Month-10.99%
6 Month-25.86%
12 Month-20.24%
2 Year-27.55%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%17.02%
ATR Inc-69.02%
Range Today0
ADR(20)0.01
ADR(20)%9.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.96
Mansfield-1.58
10 Day High0.15
10 Day Low0.1
20 Day High0.2
20 Day Low0.1
52 Week High0.32
52 Week Low0.02
CS1 End0.1
CR1 Start0.14
Volume & EV
DER(3)0%
DER(5)-19.6%
Volume500
Volume Incr374.61%
Vol(5)10.56K
Vol(50)7.36K