NYSE
On the weekly chart, PHI has been moving sideways between $24.16 and $34.56 since 24 Jan 2021.
Since 2019, NasdaqScan has found 3 sideways ranges in PHI. Completed ranges lasted 966 days on average, from 959 to 973 days. Of those 2, 2 broke upward. The current range is 43% wide from low to high. The latest retest signal NasdaqScan detected in PHI was in the week of 2 Feb 2020, below the earlier $20.55 – $25.04 range.
The pattern: price breaks out below a long sideways range, the pullback back into the range fails, and price comes back to retest the low. Traders also call this a spring. NasdaqScan flags the weekly candle that makes the retest.
Charts are only kept for recent signals, so there is no chart for this signal.
| Range | Started | Ended | How it ended | Retest signals (week of) |
|---|---|---|---|---|
| $24.16 – $34.56 | 24 Jan 2021 | Open | — | — |
| $20.55 – $25.04 | 31 Mar 2019 | 28 Nov 2021 (973 days) | Broke above the range at $33.80 | 2 Feb 2020 (Go ahead) |
| $19.95 – $25.99 | 14 Apr 2019 | 28 Nov 2021 (959 days) | Broke above the range at $33.80 | — |
All NYSE stocks with retest patterns →
Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.