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.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, SNDX did better than 92% of all other stocks.
- SNDX is one of the better performing stocks in the Biotechnology industry, it outperforms 78% of 525 stocks in the same industry.
- SNDX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SNDX is lagging the market slightly.
- SNDX has an average volume of 1873510 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 19.57 - 22.73 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.
Besides having an excellent technical rating, SNDX also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 20.51, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SNDX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
16.13
When analyzing the support we can see 3 important areas.
- A support zone ranging from 20.22 to 20.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.93 from a trend line in the weekly time frame.
- Support @16.29 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 20.89 to 21.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.81 to 22.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for SNDX is neutral. |
| ChartMill Relative Strength | 92.45 | POSITIVE | SNDX has a high relative strength, it outperformed 92.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SNDX is below 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) | 50.19 | NEUTRAL | The RSI value for SNDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests SNDX has a negative trend. |
| Stochastics (14,3) | 46.09 | NEUTRAL | The Stochastics value for SNDX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.86 | MEDIUM VOLATILITY | The ATR as a percentage value for SNDX suggests some volalility. |
| Average Directional Index/ADX (14) | 22.1 | NEUTRAL | The ADX value for SNDX suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 21.31 | 20.21 | 1.10 (5.16%) | 19.37% |
| An entry @21.31. This is a Buy Stop order right above the resistance zone. | An exit @20.21. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.10 points, which is 5.16%. | For a 1.00% total portfolio risk, you can invest 19.37% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SNDX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
20.52
-0.15 (-0.73%)
SYNDAX PHARMACEUTICALS INC / SNDX FAQ
What is the technical rating for SNDX stock?
ChartMill assigns a technical rating of 9 / 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 50.1925. 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 -0.181936, indicating a bearish trend.
What is the short term momentum for SNDX stock?
The short term momentum for SYNDAX PHARMACEUTICALS INC (SNDX) is neutral.