We assign a technical rating of 0 out of 10 to SYBX. SYBX'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 negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, SYBX is a bad performer in the overall market: 98% of all stocks are doing better.
- SYBX is part of the Biotechnology industry. There are 525 other stocks in this industry, of which 87% are performing better than SYBX.
- SYBX is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month SYBX has a been trading in the 0.56 - 1.28 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of SYBX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.55
We can see 2 important resistance areas.
- Resistance @1.11 from a trend line in the daily time frame.
- Resistance @1.22 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 SYBX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SYBX is down. |
| ChartMill Relative Strength | 2.76 | NEGATIVE | SYBX has a low relative strength, it was outperformed by 97.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SYBX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SYBX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SYBX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 16.28 | OVERSOLD | The low RSI value suggests SYBX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SYBX has a negative trend. |
| Stochastics (14,3) | 11.76 | OVERSOLD | The low Stochastics value suggests SYBX may be oversold. |
| Average True Range in percent/ATR (20) | 15.27 | HIGH VOLATILITY | The high ATR as a percentage value for SYBX suggests high volalility. |
| Average Directional Index/ADX (14) | 15 | NEGATIVE | The low ADX value for SYBX suggests a weak or negative trend. |
0.56
-0.56 (-50%)
SYNLOGIC INC / SYBX FAQ
What is the technical rating for SYBX stock?
ChartMill assigns a technical rating of 0 / 10 to SYBX.
What is the trend direction for SYBX stock?
The current trend direction for SYNLOGIC INC (SYBX) is Bearish.
What is the RSI signal for SYNLOGIC INC (SYBX) stock?
SYNLOGIC INC (SYBX) has an RSI value of 16.2779. This indicates that the stock is currently oversold.
What is the MACD signal for SYBX stock?
The MACD indicator for SYNLOGIC INC (SYBX) has a value of -0.0280854, indicating a bearish trend.
What are the support and resistance levels for SYNLOGIC INC (SYBX) stock?
SYNLOGIC INC (SYBX) has a resistance level at 1.11. Check the full technical report for our detailed analysis of SYBX support and resistance levels.