SYNDAX PHARMACEUTICALS INC (SNDX) Technical Analysis
NASDAQ:SNDX • US87164F1057
Taking everything into account, SNDX scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, SNDX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, SNDX did better than 92% of all other stocks. On top of that, SNDX also shows a nice and consistent pattern of rising prices.
- SNDX is one of the better performing stocks in the Biotechnology industry, it outperforms 75% of 519 stocks in the same industry.
- SNDX is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SNDX is leading the market.
- In the last month SNDX has a been trading in the 19.21 - 24.84 range, which is quite wide. It is currently trading near the high of this range.
- SNDX has an average volume of 1260620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SNDX has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
19.00
When analyzing the support we can see 3 important areas.
- A support zone ranging from 20.61 to 21.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.87 from a trend line in the daily time frame.
- Support @19.19 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 | UP | POSITIVE | The long term trend for SNDX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SNDX is up. |
| ChartMill Relative Strength | 92.22 | POSITIVE | SNDX has a high relative strength, it outperformed 92.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SNDX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SNDX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SNDX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.24 | NEUTRAL | The RSI value for SNDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests SNDX has a positive trend. |
| Stochastics (14,3) | 77.89 | NEUTRAL | The Stochastics value for SNDX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.6 | MEDIUM VOLATILITY | The ATR as a percentage value for SNDX suggests some volalility. |
| Average Directional Index/ADX (14) | 11.51 | NEGATIVE | The low ADX value for SNDX suggests a weak or negative trend. |
SNDX Technicals: Chart, Performance Metrics, Trend & Indicators
23.88
+1.81 (+8.2%)
SYNDAX PHARMACEUTICALS INC / SNDX FAQ
What is the technical rating for SNDX stock?
ChartMill assigns a technical rating of 10 / 10 to SNDX.
What is the trend direction for SNDX stock?
The current trend direction for SYNDAX PHARMACEUTICALS INC (SNDX) is Bullish.
Can you provide the RSI signal for SYNDAX PHARMACEUTICALS INC?
SYNDAX PHARMACEUTICALS INC (SNDX) has an RSI value of 69.2411. This indicates that the stock is currently neutral.
What is the MACD signal for SYNDAX PHARMACEUTICALS INC (SNDX) stock?
The MACD indicator for SYNDAX PHARMACEUTICALS INC (SNDX) has a value of 0.257913, indicating a bearish trend.
What is the short term momentum for SNDX stock?
The short term momentum for SYNDAX PHARMACEUTICALS INC (SNDX) is positive.