Phunware Stock Forecast

Sell candidate since Jun 03, 2026 Gain 4.69%

The Phunware Inc. stock price gained 4.69% on the last trading day (Thursday, 4th Jun 2026), rising from $1.92 to $2.01. During the last trading day the stock fluctuated 8.41% from a day low at $1.90 to a day high of $2.06. The price has fallen in 5 of the last 10 days and is down by -1.47% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 55 thousand more shares were traded than the day before. In total, 355 thousand shares were bought and sold for approximately $713.20 thousand.

The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $1.93 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 19.43% during the next 3 months and, with a 90% probability hold a price between $2.30 and $2.94 at the end of this 3-month period.

PHUN Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Phunware Inc. has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Phunware Inc. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $2.09. On a fall, the stock will find some support from the short-term average at $2.00. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Thursday, April 23, 2026, and so far it has fallen -11.84%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Phunware Inc. stock

On the downside, the stock finds support just below today's level from accumulated volume at $1.86 and $1.80. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Phunware Inc. finds support just below today's level at $1.86. If this is broken, then the next support from accumulated volume will be at $1.80 and $1.69.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.160 between high and low, or 8.41%. For the last week, the stock has had daily average volatility of 3.87%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (PHUN) For The Upcoming Trading Day Of Friday 5th

For the upcoming trading day on Friday, 5th we expect Phunware Inc. to open at $1.99, and during the day (based on 14 day Average True Range), to move between $1.97 and $2.05, which gives a possible trading interval of +/-$0.0881 (+/-4.48%) up or down from last closing price. If Phunware Inc. takes out the full calculated possible swing range there will be an estimated 4.48% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $2.02 (0.50%) than the support at $1.86 (7.46%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Phunware Inc. stock A Buy?

Phunware Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -2.390 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 5, 2026 - $1.99 ( 0.99%).

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