Taking everything into account, PPHPR scores 0 out of 10 in our technical rating. 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.
PPHPR has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
0.10
We found 1 important support area.
When analyzing the resistance we notice 4 important areas.
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. |
PHP Ventures Acquisition Corporation
NASDAQ:PPHPR (3/8/2024, 10:33:37 AM)
0.1336
+0 (+2.77%)
ChartMill assigns a technical rating of 0 / 10 to PPHPR.
The current trend direction for PHP Ventures Acquisition Corporation (PPHPR) is Bearish.
PHP Ventures Acquisition Corporation (PPHPR) has an RSI value of 47.3774. This indicates that the stock is currently neutral.
The MACD indicator for PHP Ventures Acquisition Corporation (PPHPR) has a value of -0.000662923, indicating a bearish trend.
The short term momentum for PHP Ventures Acquisition Corporation (PPHPR) is negative.