RSI low/high Values: [ 20 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of PHNX.L
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Phoenix Group Holdings stock price up 0.781% on Wednesday
(Updated on Mar 27, 2024)

Buy candidate since Mar 26, 2024 Gain 0.78% PDF

The Phoenix Group Holdings stock price gained 0.781% on the last trading day (Wednesday, 27th Mar 2024), rising from £538.00 to £542.20. During the last trading day the stock fluctuated 1.93% from a day low at £534.60 to a day high of £544.90. The price has risen in 6 of the last 10 days and is up by 6.65% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 1 million more shares were traded than the day before. In total, 4 million shares were bought and sold for approximately £2.41 billion.

Given the current short-term trend, the stock is expected to fall -2.54% during the next 3 months and, with a 90% probability hold a price between £467.96 and £528.45 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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PHNX.L Signals & Forecast

Mostly positive signals in the chart today. The Phoenix Group Holdings stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at £513.59 and £502.72. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 18, 2024, and so far it has risen 12.56%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. The stock had a Golden Star Signal on Thursday, March 07, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Thursday, March 07, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Phoenix Group Holdings stock

Phoenix Group Holdings finds support from accumulated volume at £529.20 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 £10.30 between high and low, or 1.93%. For the last week, the stock has had daily average volatility of 3.14%.

Our recommended stop-loss: £522.57 (-3.62%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 7 days ago.)

Trading Expectations (PHNX.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Phoenix Group Holdings to open at £540.57, and during the day (based on 14 day Average True Range), to move between £529.94 and £554.46, which gives a possible trading interval of +/-£12.26 (+/-2.26%) up or down from last closing price. If Phoenix Group Holdings takes out the full calculated possible swing range there will be an estimated 4.52% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ £529.20, some £13.00 (2.40%) from the current price of £542.20, our system finds the risk reward attractive.

Is Phoenix Group Holdings stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 1.853 Buy Candidate Unchanged

Predicted Opening Price for Phoenix Group Holdings of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£540.57 ( 0.301%) £542.20

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for PHNX.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 550.86 1.60 %
R2 546.93 0.87 %
R1 544.50 0.424 %
Current price: 542.20
Support S1 536.63 -1.03 %
S2 534.20 -1.47 %
S3 530.27 -2.20 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 542.20
Support S1 529.20 -2.40%
S2 504.40 -6.97%
S3 502.00 -7.41%

PHNX Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 11, 2024 Apr 11, 2024 May 22, 2024 £26.65 4.92%
2 Sep 28, 2023 Sep 28, 2023 Sep 28, 2023 £26.00 5.50%
3 Mar 30, 2023 Mar 30, 2023 Mar 30, 2023 £26.00 4.78%
4 Aug 15, 2022 Aug 25, 2022 Sep 12, 2022 £24.80 4.01%
5 Mar 14, 2022 Mar 31, 2022 May 09, 2022 £24.80 4.34%

FAQ

What is the symbol for Phoenix Group Holdings Stock and on which exchange is it traded?
The symbol for Phoenix Group Holdings is PHNX.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Phoenix Group Holdings Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

How to buy Phoenix Group Holdings Stock?
Phoenix Group Holdings Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Phoenix Group Holdings Stock.

What's the current price of Phoenix Group Holdings Stock?
As of the end of day on the 2024-03-27, the price of an Phoenix Group Holdings (PHNX.L) share was £542.20.

What is the 52-week high and low for Phoenix Group Holdings Stock?
The 52-week high for Phoenix Group Holdings Stock is £614.20 and the 52-week low is £436.40.

What is the market capitalization of Phoenix Group Holdings Stock?
As of the 2024-03-27, the market capitalization of Phoenix Group Holdings is 5.416B.

When is the next earnings date for Phoenix Group Holdings?
The upcoming earnings date for Phoenix Group Holdings is Sep 16, 2024.
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About Phoenix Group Holdings

Phoenix Group Holdings Phoenix Group Holdings plc operates in the long-term savings and retirement business in Europe. The company operates through four segments: UK Heritage, UK Open, Europe, and Management Services. It provides a range of pensions and savings products to support people across various stages of the savings life cycle. The company manages Heritage in-force life and pensions policies; and offers and manages long term savings and pensions products. Its p... PHNX.L Profile

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