PowerHouse Energy Group Plc Forecast and Stock Analysis
Technical PHE.L stock analysis for Friday May 17, 2019.
PowerHouse Energy Group Plc fell by -2.04% in the last day ( Friday, 17th May 2019 ) from £0.49 to £0.48 and has now fallen 3 days in a row. During day the stock fluctuated 2.08% from a day low at £0.48 to a day high of £0.49. The price has been going up and down for this period, and there has been a 1.05% gain for the last 2 weeks. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -5.03 million shares and in total 3.63 million shares bought and sold for approximately £1.74 million.
- 30 day high of the PHE.L stock price was £0.57 and low was £0.44.
- 90 day high was £0.61 and low was £0.40.
- 52 week high for the PowerHouse Energy Group Plc - £0.71 and low - £0.28.
PowerHouse Energy Group Plc lies in the middle of a very wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 2.06% during the next 3 months and, with 90% probability hold a price between £0.45 and £0.60 at the end of this period.
There are few to none technical positive signals at the moment. PowerHouse Energy Group Plc holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at £0.48 and £0.49. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Wednesday May 15, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Relative Strength Index (RSI)
RSI14 is 49 and the stock is currently not being overbought or oversold
Support & Resistance
PowerHouse Energy Group Plc finds support from accumulated volume at £0.48.
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved £0.01 between high and low, or 2.08%. For the last week, the stock has had a daily average volatility of 3.80%.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
3.80 %Average volatility
Very Low Low Medium High Very High
The PowerHouse Energy Group Plc stock holds several negative signals and despite the positive trend we believe PowerHouse Energy Group Plc will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
|Golden Star Signal|
Get competitive edge
The signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives a very good return. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!
Get access to Golden Star list now
From Our Blog
- Trading With Moving Average
- Pivot Points
- Accumulated Volume - Support and Resistance
- Volume - The Indicator You Really Need to Know
- We Give Back!
- Better Buy: Amazon vs. Facebook
- Better Buy: Apple vs. Microsoft
- Relative Strength Index (RSI)
- How to Lose Money When Trading: Part 2
- How to Lose Money When Trading: A Trader is Born
- Our 2017 Christmas Donation
- The Golden Star
- Announcing Partnership With CityFALCON
- Why correct moving average matters
- NASDAQ down -4.17%. Our portfolio is up +8.56%
- New Feature Added: Golden Star Signal
- Pick a Winner With StockInvest.us