We assign a technical rating of 9 out of 10 to SNDX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SNDX is showing a nice and steady performance.
Although SNDX has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
14.57
When analyzing the support we can see 4 important areas.
- A support zone ranging from 19.40 to 19.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @18.79 from a horizontal line in the daily time frame.
- Support @15.23 from a trend line in the weekly time frame.
- Support @14.72 from a trend line in the daily 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 | 84.54 | POSITIVE | SNDX has a high relative strength, it outperformed 84.54% 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) | 69.25 | NEUTRAL | The RSI value for SNDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests SNDX has a positive trend. |
| Stochastics (14,3) | 90.37 | OVERBOUGHT | The high Stochastics value suggests SNDX may be overbought. |
| Average True Range in percent/ATR (20) | 5.82 | HIGH VOLATILITY | The high ATR as a percentage value for SNDX suggests high volalility. |
| Average Directional Index/ADX (14) | 26.85 | POSITIVE | The high ADX value value for SNDX suggests a strong trend. |
20.32
+0.58 (+2.94%)
SYNDAX PHARMACEUTICALS INC / SNDX FAQ
What is the ChartMill technical rating of SYNDAX PHARMACEUTICALS INC (SNDX) stock?
ChartMill assigns a technical rating of 9 / 10 to SNDX.
What is the current trend direction of SYNDAX PHARMACEUTICALS INC (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 69.2502. This indicates that the stock is currently neutral.
What is the MACD signal for SNDX stock?
The MACD indicator for SYNDAX PHARMACEUTICALS INC (SNDX) has a value of 0.156637, indicating a bearish trend.
Can you provide the short term momentum for SYNDAX PHARMACEUTICALS INC?
The short term momentum for SYNDAX PHARMACEUTICALS INC (SNDX) is positive.