We assign a technical rating of 10 out of 10 to PHAT. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PHAT is showing a nice and steady performance.
Besides having an excellent technical rating, PHAT also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 14.82, a Stop Loss order could be placed below this zone.
More info and screens
13.44
3 important support areas can be observed.
- A support zone ranging from 14.55 to 14.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.80 to 14.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.58 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 15.48 to 15.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 PHAT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PHAT is up. |
| ChartMill Relative Strength | 95.64 | POSITIVE | PHAT has a high relative strength, it outperformed 95.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PHAT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PHAT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PHAT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.37 | NEUTRAL | The RSI value for PHAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PHAT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.92 | NEUTRAL | The Stochastics value for PHAT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.91 | MEDIUM VOLATILITY | The ATR as a percentage value for PHAT suggests some volalility. |
| Average Directional Index/ADX (14) | 25.09 | POSITIVE | The high ADX value value for PHAT suggests a strong trend. |
15.36
+0.12 (+0.79%)
PHATHOM PHARMACEUTICALS INC / PHAT FAQ
What is the ChartMill technical rating of PHATHOM PHARMACEUTICALS INC (PHAT) stock?
ChartMill assigns a technical rating of 10 / 10 to PHAT.
Can you provide the trend direction for PHATHOM PHARMACEUTICALS INC?
The current trend direction for PHATHOM PHARMACEUTICALS INC (PHAT) is Bullish.
Can you provide the RSI signal for PHATHOM PHARMACEUTICALS INC?
PHATHOM PHARMACEUTICALS INC (PHAT) has an RSI value of 61.373. This indicates that the stock is currently neutral.
What is the MACD signal for PHATHOM PHARMACEUTICALS INC (PHAT) stock?
The MACD indicator for PHATHOM PHARMACEUTICALS INC (PHAT) has a value of -0.0171046, indicating a bearish trend.
What is the short term momentum for PHATHOM PHARMACEUTICALS INC (PHAT) stock?
The short term momentum for PHATHOM PHARMACEUTICALS INC (PHAT) is positive.