Question 1

What implications does the 10-day RSI indicator have for PHAT?

Accepted Answer

The 10-day RSI Indicator for PHAT moved out of overbought territory on August 16, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 25 similar instances where the indicator moved out of overbought territory. In 24 of the 25 cases, the stock moved lower in the following days. This puts the odds of a move lower at 0%.

Question 2

What does the Stochastic Oscillator suggest about PHAT's trend?

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

How did PHAT's Momentum indicator behave recently?

Accepted Answer

PHAT saw its Momentum Indicator move above the 0 level on August 08, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 83 similar instances where the indicator turned positive. In 66 of the 83 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 4

What does MACD indicator imply for PHAT?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for PHAT just turned positive on August 12, 2024. Looking at past instances where PHAT's MACD turned positive, the stock continued to rise in 46 of 52 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

What is the significance of the 50-day moving average indicator for PHAT?

Accepted Answer

PHAT moved above its 50-day moving average on August 08, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

What does a 3-day price advance indicate for PHAT?

Accepted Answer

Following a +7.68% 3-day Advance, the price is estimated to grow further. Considering data from situations where PHAT advanced for three days, in 245 of 286 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 7

What does a 3-day decline signify for PHAT's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PHAT declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 84%.

Question 8

What does PHAT breaking above its upper Bollinger Band indicate?

Accepted Answer

PHAT broke above its upper Bollinger Band on August 15, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

PHAT Stock Phathom Pharmaceuticals (PHAT, $10.6) price moved above its 50-day Moving Average on June 07, 2024

Momentum Indicator for PHAT turns positive, indicating new upward trend

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