PHARMING GROUP NV (PHARM.AS)

NL0010391025 - Common Stock

0.7965  -0.01 (-1.42%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to PHARM. In the last year, PHARM was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

When comparing the yearly performance of all stocks, PHARM is a bad performer in the overall market: 87% of all stocks are doing better.
PHARM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
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.
PHARM has an average volume of 5174710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PHARM is part of the Biotechnology industry. There are 75 other stocks in this industry, PHARM did better than 60% of them.
In the last month PHARM has a been trading in the 0.72 - 0.86 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.
Weekly and Daily overview Charts
PHARM Weekly chart
PHARM Daily chart
Setup Rating and Analysis

6

PHARM 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 0.77, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

0.73

1.22

We found 1 important support area.

  • A support zone ranging from 0.74 to 0.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 0.81 to 0.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @1.21 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.61
Mansfield-2.21
10 Day High0.86
10 Day Low0.74
20 Day High0.86
20 Day Low0.72
52 Week High1.22
52 Week Low0.65
Performance
1 Week-5.46%
2 Weeks1.85%
1 Month8.66%
3 Month13.14%
6 Month-11.35%
12 Month-30.74%
2 Year-24%
3 Year9.86%
5 Year-37.72%
10 Year106.35%
15 Year55.87%
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)53.42
LBB0.75
UBB0.85
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.

ENTRYEXITDISTANCECAPITAL
0.820.730.09 (10.72%)9.33%
An entry @0.82. This is a Buy Stop order right above the 10 day moving average.An exit @0.73. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.09 points, which is 10.72%.For a 1.00% total portfolio risk, you can invest 9.33% 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.
PHARM Daily chart

PHARMING GROUP NV

AMS:PHARM (10/30/2024, 7:00:00 PM)

0.7965

-0.01 (-1.42%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.42%
1 Week-5.46%
2 Weeks1.85%
1 Month8.66%
3 Month13.14%
6 Month-11.35%
12 Month-30.74%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.04
ATR(20)%4.58%
ATR Inc
Range Today0.03
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.86
10 Day Low0.74
20 Day High0.86
20 Day Low0.72
52 Week High1.22
52 Week Low0.65
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.96M
Volume Incr56.06%
Vol(5)10.39M
Vol(50)5.17M