PHO in downward trend: price dove below 50-day moving average on December 12, 2024
PHO moved below its 50-day moving average on December 12, 2024 date and that indicates a change from an upward trend to a downward trend. In of 47 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 10, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on PHO as a result. In of 86 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for PHO turned negative on December 10, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PHO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The RSI Indicator entered the oversold zone -- be on the watch for PHO's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PHO advanced for three days, in of 362 cases, the price rose further within the following month. The odds of a continued upward trend are .
PHO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category NaturalResources
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| REREX | 56.49 | -0.20 | -0.35% |
| American Funds Europacific Growth R4 | |||
| CCCAX | 6.34 | -0.03 | -0.47% |
| Center Coast Brookfield Midstream Foc A | |||
| SGGCX | 60.09 | -0.35 | -0.58% |
| DWS Large Cap Focus Growth C | |||
| GQEIX | 24.57 | -0.17 | -0.69% |
| GQG Partners US Select Quality Eq Instl | |||
| QBNAX | 35.55 | -1.28 | -3.48% |
| Pear Tree Polaris Small Cap Instl | |||
PHO and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PHO has been closely correlated with VAW. These tickers have moved in lockstep 83% of the time. This A.I.-generated data suggests there is a high statistical probability that if PHO jumps, then VAW could also see price increases.