SYNDAX PHARMACEUTICALS INC (SNDX) Stock Technical Analysis
NASDAQ:SNDX - Nasdaq - US87164F1057 - Common Stock - Currency: USD
Overall SNDX gets a technical rating of 1 out of 10. SNDX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
96% of all other stocks performed better in the past year than SNDX.
SNDX is part of the Biotechnology industry. There are 553 other stocks in this industry, of which 73% are performing better than SNDX.
SNDX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SNDX is lagging the market.
SNDX has an average volume of 1922280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SNDX has a been trading in the 8.59 - 10.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SNDX 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. There is a resistance zone just above the current price starting at 10.16. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.97, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
8.63
11.22
3 important support areas can be observed.
- A support zone ranging from 9.66 to 9.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 8.95 to 9.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.72 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 10.16 to 10.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.11 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 | DOWN | NEGATIVE | The long term trend for SNDX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SNDX is neutral. |
| ChartMill Relative Strength | 4.97 | NEGATIVE | SNDX has a low relative strength, it was outperformed by 95.03% 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) | DOWN | MIXED | The current price of SNDX is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SNDX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.38 | NEUTRAL | The RSI value for SNDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests SNDX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.26 | NEUTRAL | The Stochastics value for SNDX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.7 | HIGH VOLATILITY | The high ATR as a percentage value for SNDX suggests high volalility. |
| Average Directional Index/ADX (14) | 16.74 | NEGATIVE | The low ADX value for SNDX 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)
9.98
+0.06 (+0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.6%
1 Week3.63%
2 Weeks5.5%
1 Month10.89%
3 Month-27.31%
6 Month-29.57%
12 Month-52.57%
2 Year-46.08%
3 Year-57.73%
5 Year-38.81%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%5.7%
ATR Inc-10.99%
Range Today0.54
ADR(20)0.57
ADR(20)%5.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.97
Mansfield-3.57
10 Day High10.75
10 Day Low9.38
20 Day High10.75
20 Day Low8.59
52 Week High22.5
52 Week Low8.58
CS1 End9.97
CR1 Start10.16
Volume & EV
DER(3)2.75%
DER(5)1.88%
Volume1.73M
Volume Incr15.75%
Vol(5)2.09M
Vol(50)1.92M