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| (Date Report Was Created: 02-Jun-2010) |   | | Phoenix IT Group plc (PNX) | NA | | Last: 238  (+6.00 pts, 2.59%)  Open: 238  High: 238  low: 238   | NA |
Quick Summary- The Stock is in Bearish Phase. The sellers have entered the market and pushing the price down. The Bearish Phase occurs when sellers have control over the market.
- The stock has recovered 7.21% from its recent low price of 222.00 which occurred on 26-May-2010. The recent downtrend is intact; however, a close above 20 day moving average of 245.05 could be an early sign of price recovery.
- The closest support can be found at 233.75. The nearest resistance can be found at 292.00. See Support/Resistance section for details.
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How to trade Phoenix IT Group plc(PNX)? - Breakout Trade: We would look for this stock to either close above 292.00 to go long or close below 233.75 to go short.
- Retracement Trade: Consider sell/shorting when the price retraces around 292.00 if you are aggressive.
- Risk Management: Consider risking somewhere between 9.8625 (4.14%) and 16.4375 (6.91%) points on your position. Risk management is an important part of trading. Our risk management strategy is based on the average daily range of the stock.
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- Look up analysis for ANOTHER stock
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| Market Phase:? | Bearish | This indicator compares long term trend with short term price action to explain the current phase of the market. According to the indicator, the stock of Phoenix IT Group plc is in the Bearish Phase. This indicates that the stock is in a downtrend. The sellers are pushing PNX down. |
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| Short Term Trend: |      (-1)
| The short term trend indicator looks at 10 to 20 day timeframe to determine the current trend. Phoenix IT Group plc(PNX) is currently congested with slight down trend. |
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| 3 Day Money Flow: |            (-10)
| The money flowing for last 3 days in PNX has been strongly bearish. This indicator summarizes the price and volume activity over last 3 days. It is a very short term indicator. |
| Relative Strength is a measure of price trend that indicates how a stock is performing relative to other stocks. Better the performance, higher the ranking. In case of volatility, higher the volatility, higher the risk. |
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| Overall: |        (-4)
| The 100 day performance of PNX is -7.93%. Compared to other stocks in the market, the performance of Phoenix IT Group plc has been average. Phoenix IT Group plc has underperformed 60% of all the stocks we track. | |   |
| Volatility: |       (-3)
| The volatility is a measure of risk. The annual volatility of Phoenix IT Group plc is 34.12%. Compared to other stocks in the market, the volatility of Phoenix IT Group plc has been average. The volatility of Phoenix IT Group plc has been in the bottom 30% of all the stocks we track. | |   |
| 5 Day: |             (+9)
| The 5 day performance of PNX is 5.31%. Compared to other stocks in the market, the performance of Phoenix IT Group plc has been above average. Phoenix IT Group plc has outperformed 80% of all the stocks we track. | |   |
| 20 Day: |      (-2)
| The 20 day performance of PNX is -11.03%. Compared to other stocks in the market, the performance of Phoenix IT Group plc has been below average. Phoenix IT Group plc has underperformed 80% of all the stocks we track. | |   |
| 50 Day: |       (-3)
| The 50 day performance of PNX is -12.82%. Compared to other stocks in the market, the performance of Phoenix IT Group plc has been average. Phoenix IT Group plc has underperformed 70% of all the stocks we track. | |   |
| Phase:? | Bearish
|   | Relative Strength: |        (-4)
| | EPS Growth(yoy): |  N/A   (-0)
|   | Fundamental: |  N/A   (-0)
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