SYNDAX PHARMACEUTICALS INC (SNDX) Stock Technical Analysis
NASDAQ:SNDX - Nasdaq - US87164F1057 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to SNDX. SNDX 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, SNDX is a bad performer in the overall market: 92% of all stocks are doing better.
SNDX is one of the lesser performing stocks in the Biotechnology industry. 63% of 559 stocks in the same industry do better.
SNDX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
SNDX has an average volume of 2337990 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 8.58 - 11.83 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, SNDX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 10.66, a Stop Loss order could be placed below this zone.
More info and screens
10.40
16.90
We found 1 important support area.
- A support zone ranging from 10.50 to 10.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 11.02 to 11.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 11.33 to 11.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.17 from a trend line in the daily time frame.
- Resistance @14.10 from a horizontal line in the daily time frame.
- Resistance @16.73 from a horizontal 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 | 8.04 | NEGATIVE | SNDX has a low relative strength, it was outperformed by 91.96% 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 | NEGATIVE | The current price of SNDX is below 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) | 46.77 | NEUTRAL | The RSI value for SNDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests SNDX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.46 | NEUTRAL | The Stochastics value for SNDX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.25 | HIGH VOLATILITY | The high ATR as a percentage value for SNDX suggests high volalility. |
| Average Directional Index/ADX (14) | 14.91 | 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)
10.67
-0.23 (-2.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.11%
1 Week-4.39%
2 Weeks0.47%
1 Month14.98%
3 Month-17.61%
6 Month-23.4%
12 Month-46.94%
2 Year-49.02%
3 Year-44.54%
5 Year-28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.63
ATR(20)%6.25%
ATR Inc-18.6%
Range Today0.49
ADR(20)0.63
ADR(20)%5.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.04
Mansfield-3.76
10 Day High11.83
10 Day Low10.18
20 Day High11.83
20 Day Low8.58
52 Week High25.07
52 Week Low8.58
CS1 End10.66
CR1 Start11.02
Volume & EV
DER(3)2.25%
DER(5)1.41%
Volume1.53M
Volume Incr-55.59%
Vol(5)1.15M
Vol(50)2.34M