SYNLAB AG (SYAB.DE) Technical Analysis
FRA:SYAB • DE000A2TSL71
Current stock price
SYAB.DE Technical Rating and Analysis
Taking everything into account, SYAB scores 6 out of 10 in our technical rating. In the last year, SYAB was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, SYAB did better than 77% of all other stocks.
- SYAB is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 92% of 27 stocks in the same industry.
- SYAB 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 SYAB is lagging the market slightly.
- In the last month SYAB has a been trading in a tight range between 11.02 and 11.46.
- Volume is considerably higher in the last couple of days.
SYAB.DE Weekly and Daily overview Charts
SYAB.DE Setup Rating and Analysis
Although the technical rating is only medium, SYAB does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
SYAB.DE Support and Resistance Analysis
10.03
We found 3 important support areas.
- Support @10.62 from a trend line in the weekly time frame.
- Support @10.42 from a horizontal line in the daily time frame.
- A support zone ranging from 10.13 to 10.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 11.08 to 11.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.66 to 11.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.23 from a horizontal line in the weekly time frame.
SYAB.DE Technical Indicator Signal Analysis
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 SYAB.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SYAB.DE is up. |
| ChartMill Relative Strength | 77.92 | POSITIVE | SYAB.DE has a high relative strength, it outperformed 77.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SYAB.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SYAB.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SYAB.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.64 | NEUTRAL | The RSI value for SYAB.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SYAB.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.57 | OVERSOLD | The low Stochastics value suggests SYAB.DE may be oversold. |
| Average True Range in percent/ATR (20) | 1.27 | LOW VOLATILITY | The low ATR as a percentage value for SYAB.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 37.31 | POSITIVE | The high ADX value value for SYAB.DE suggests a strong trend. |
SYAB.DE Chart- and CandleStick Pattern Analysis
SYAB.DE Example Setup
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 |
|---|---|---|---|
| 11.13 | 11.01 | 0.12 (1.04%) | 25.00% |
| An entry @11.13. This is a Buy Stop order right above the 10 day moving average. | An exit @11.01. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.12 points, which is 1.04%. | For a 0.26% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SYAB. 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.
SYAB.DE Technicals: Chart, Performance Metrics, Trend & Indicators
FRA:SYAB (7/12/2024, 7:00:00 PM)
11.06
-0.02 (-0.18%)
SYNLAB AG / SYAB.DE TA FAQ
What is the technical rating for SYAB stock?
ChartMill assigns a technical rating of 6 / 10 to SYAB.DE.
Can you provide the trend direction for SYNLAB AG?
The current trend direction for SYNLAB AG (SYAB.DE) is Bullish.
Can you provide the RSI signal for SYNLAB AG?
SYNLAB AG (SYAB.DE) has an RSI value of 49.6375. This indicates that the stock is currently neutral.
What is the buy/sell signal for SYAB stock?
The buy/sell signal for SYNLAB AG (SYAB.DE) is buy as both the short term and long term trends are positive.
What is the support and resistance level for SYAB stock?
SYNLAB AG (SYAB.DE) has a support level at 10.62 and a resistance level at 11.08. Check the full technical report for our detailed analysis of SYAB.DE support and resistance levels.