SCYNEXIS INC (SCYX) Stock Technical Analysis
NASDAQ:SCYX - Nasdaq - US8112922005 - Common Stock - Currency: USD
Overall SCYX gets a technical rating of 0 out of 10. SCYX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SCYX is a bad performer in the overall market: 98% of all stocks are doing better.
SCYX is one of the lesser performing stocks in the Pharmaceuticals industry. 85% of 194 stocks in the same industry do better.
SCYX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month SCYX has a been trading in the 0.66 - 0.83 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SCYX has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.70
1.31
We can see 4 important resistance areas.
- A resistance zone ranging from 0.72 to 0.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.75 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.78 to 0.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.30 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for SCYX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SCYX is down. |
| ChartMill Relative Strength | 2.89 | NEGATIVE | SCYX has a low relative strength, it was outperformed by 97.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SCYX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SCYX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SCYX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.31 | NEUTRAL | The RSI value for SCYX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SCYX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 30.02 | NEUTRAL | The Stochastics value for SCYX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.51 | HIGH VOLATILITY | The high ATR as a percentage value for SCYX suggests high volalility. |
| Average Directional Index/ADX (14) | 14.42 | NEGATIVE | The low ADX value for SCYX suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.71
0 (-0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.21%
1 Week-6.36%
2 Weeks0.18%
1 Month-2.51%
3 Month-30.23%
6 Month-33.49%
12 Month-66.27%
2 Year-75.87%
3 Year-69.19%
5 Year-89.02%
10 Year-99.1%
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%6.51%
ATR Inc-36.23%
Range Today0.02
ADR(20)0.05
ADR(20)%6.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.89
Mansfield-4.29
10 Day High0.83
10 Day Low0.67
20 Day High0.83
20 Day Low0.66
52 Week High2.21
52 Week Low0.66
CS1 EndN/A
CR1 Start0.72
Volume & EV
DER(3)-18.26%
DER(5)-21.56%
Volume77.66K
Volume Incr-19.94%
Vol(5)151.91K
Vol(50)182.40K