SYNAPTOGENIX INC (SNPX) Stock Technical Analysis
NASDAQ:SNPX - Nasdaq - US87167T3005 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to SNPX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SNPX is showing a nice and steady performance.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Both the short term and long term trends are positive. This is a very positive sign.
SNPX is part of the Biotechnology industry. There are 558 other stocks in this industry. SNPX outperforms 97% of them.
A new 52 week high is currently being made by SNPX, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month SNPX has a been trading in the 2.38 - 7.85 range, which is quite wide. It is currently trading near the high of this range.
SNPX has an average volume of 1088900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that SNPX is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SNPX has an excellent technical rating, it does not present a decent entry opportunity 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
2.79
7.93
When analyzing the support we notice one important area.
- Support @2.82 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 | UP | POSITIVE | The long term trend for SNPX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SNPX is up. |
| ChartMill Relative Strength | 98.59 | POSITIVE | SNPX has a high relative strength, it outperformed 98.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SNPX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SNPX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SNPX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.08 | OVERBOUGHT | The high RSI value suggests SNPX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests SNPX has a positive trend. |
| Stochastics (14,3) | 91.89 | OVERBOUGHT | The high Stochastics value suggests SNPX may be overbought. |
| Average True Range in percent/ATR (20) | 11.42 | HIGH VOLATILITY | The high ATR as a percentage value for SNPX suggests high volalility. |
| Average Directional Index/ADX (14) | 42.8 | POSITIVE | The high ADX value value for SNPX suggests a strong 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)
7.85
+1.8 (+29.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg29.86%
1 Week119.27%
2 Weeks111.59%
1 Month212.13%
3 Month288.59%
6 Month112.73%
12 Month91%
2 Year-66.15%
3 Year-93.95%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.04
ATR(20)%11.42%
ATR Inc101.75%
Range Today2.22
ADR(20)0.83
ADR(20)%10.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.59
Mansfield12.89
10 Day High7.85
10 Day Low3.25
20 Day High7.85
20 Day Low2.38
52 Week High7.85
52 Week Low1.84
CS1 End2.82
CR1 StartN/A
Volume & EV
DER(3)5.33%
DER(5)5.01%
Volume1.02M
Volume Incr-77.51%
Vol(5)577.98K
Vol(50)1.09M