How does PAHC's Q3 2025 forecast compare to past trends?
4/11/2025 06:17pm
Phibro Animal Health (PAHC) is currently experiencing a bullish price trend, which is a recent development. Here's how the Q3 2025 forecast compares to past trends:
1. **Current Trend**: The stock is in a **bearish trend**, which has lasted for 43 days. This suggests that the stock is still recovering from a significant downturn.
2. **Probability of Continuation**: The probability of the trend continuing is 67%, based on the continuation probability calculation. This indicates that while there's a decent chance the stock could keep rising, there's also a significant probability that the trend could reverse.
3. **Support and Resistance Levels**: The current price is between the narrow and wide support levels, which is a bullish signal as it indicates that the stock is likely to find support and could move towards the resistance levels.
4. **Forecast Price**: The trend forecast for Q3 2025 is **bullish**, with a buy advice and a historical win rate of 64.04% for this type of forecast. The mean forecast price for the period is $19.02, with a narrow 34% confidence interval ranging from $18.71 to $19.34.
In conclusion, while PAHC is currently in a bullish trend, it's important to consider the bearish past and the potential for trend reversals. The Q3 2025 forecast is optimistic, but investors should remain cautious due to the recent bearish history and the potential for trend reversals.