Phreesia, Inc. | PHR

Daily Technical Analysis of Phreesia, Inc.

Not too much action today, Phreesia drifted down slightly. We'll see where it goes next.

Currently PHR isn't at a clear support/resistance line that seems tradable. Phreesia hasn't established a very strong momentum in either direction over the last 3 months. We'll see if a stronger consensus among market participants emerges. PHR might find some support at the 28.69 level, buyers might push the price back up from here. But it's not very clear what will happen.

Last analyzed on 2024-11-13

Analyst Ratings for Phreesia By Price Target And Rating

The analysts feel fairly neutral on the prospects for Phreesia but a little more positive than negative. The current Analysts Sentiment Score is 10.16. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. On 2024-02-26 Truist Financial started covering Phreesia with a rating of Buy and added a price target of $35.00. Needham & Company LLC announced that they are reiterating a rating of Buy on 2024-01-18 and they set their price target at $29.00. DA Davidson upgraded from Neutral to Buy on 2024-01-17 and provided a price target boost 6.67% to $32.00 from $30.00. Barclays initiated a rating of Overweight on 2024-01-03 and provided a price target of $29.00. Raymond James announced a lowering of their price target to $25.00 from $30.00 on 2023-12-07. KeyCorp provided a price target decease of -25% to $30.00 from $40.00 on 2023-12-07. JMP Securities announced a lowering of their price target to $28.00 from $39.00 on 2023-12-06. Piper Sandler announced a lowering of their price target to $40.00 from $43.00 on 2023-09-12. Stephens reiterated a rating of Overweight on 2023-09-07 and they set their price target at $37.00. Robert W. Baird provided a price target decease of -2.5% to $39.00 from $40.00 on 2023-09-07.

Company	Ratings Score ? Composite analyst sentiment score	Positive Ratings	Negative Ratings	Boost Price Target	Lower Price Target
PHR	10.16	15.65	0	8.04	-3.37

Earnings Per Share (EPS) Estimates By Year and Quarter

(updated 2024-04-26)

Company	YOY Growth Score (typical -20 to +20)	Revision Directions (-6 to +6)
PHR	0.00	0.00

Short interest for Phreesia

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Company	Short Score (typical 1-15) ? We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)	Short Interest	Days to Cover	Rate of Change	Shares Short
PHR	4.25	%3.67687	4.5	6.732	2030000

Social Sentiment for Phreesia

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.

Ticker	Social Sentiment(1-10)
PHR

Companies with the highest correlation to Phreesia

Company	Score	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Demark Sell ? Demark 9 indicators are designed to look for exhaustion in the selling or buying trend which can often be predictive of a reversal point. This indicator is triggered when there are 9 consecutive days where the closing price is higher/lower than the closing price 4 days ago. Like all indicators, it is best used in combinations with other factors.	Short Interest Score
TDOC \| Teladoc Health, Inc.	1.4	0.78	0.45	4.65	31.39	-21.40	-46.81	62	-19.65	-26.21	-29.67	303.43	-4064.44	0	8.78425
NET \| Cloudflare, Inc. Class A	1.29	0.10	4.94	7.70	20.81	31.04	30.63	57	16.23	16.79	20.15	18.99	-6153.48	0	5.71578
HCAT \| Health Catalyst, Inc Comm	1.28	-2.39	-12.90	-5.40	7.92	10.68	-2.39	57	5.77	5.28	4.63	2.99	-6032.88	0	3.38022
SPT \| Sprout Social, Inc Class	1.14	1.86	3.03	8.42	-4.94	-7.17	-45.02	51	-55.34	-86.07	-43.72	-63371.71	-2339.93	0	18.2011
TWLO \| Twilio Inc.	1.12	2.17	1.35	38.18	61.56	67.05	57.43	99	32.73	18.36	14.68	0.00	-39435.91	125	2.45188
NVCR \| NovoCure Limited Ordinary	1.11	2.31	1.75	2.99	-14.55	-24.43	37.86	63	-1.41	-3.15	-10.35	-32666.69	-9422.70	0	7.02893
ADPT \| Adaptive Biotechnologies	1.09	-1.34	-20.79	-2.21	-2.00	28.12	4.74	68	50.69	48.45	22.42	-4764.60	-10994.73	150	7.83993
SMAR \| Smartsheet Inc.	1.06	0.09	0.14	-0.66	15.22	37.34	36.74	36	121.44	89.00	33.95	-1356.70	-26459.33	0	2.32082

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