SYNLOGIC INC (SYBX) Stock Technical Analysis
NASDAQ:SYBX - US87166L2097 - Common Stock
1.43 USD
-0.03 (-2.05%)
1.45 USD
+0.02 (+1.4%)
We assign a technical rating of 6 out of 10 to SYBX. SYBX has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, SYBX did better than 71% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
SYBX is part of the Biotechnology industry. There are 547 other stocks in this industry, SYBX did better than 65% of them.
SYBX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SYBX is lagging the market.
In the last month SYBX has a been trading in the 1.33 - 1.67 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.
SYBX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 1.46, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SYBX 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
1.31
1.75
3 important support areas can be observed.
- Support @1.42 from a trend line in the daily time frame.
- A support zone ranging from 1.36 to 1.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.32 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.49 to 1.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.59 from a trend line in the weekly time frame.
- Resistance @1.73 from a trend line in the weekly 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 SYBX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SYBX is neutral. |
| ChartMill Relative Strength | 71.34 | POSITIVE | SYBX has a high relative strength, it outperformed 71.34% 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) | UP | POSITIVE | The current price of SYBX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SYBX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.54 | NEUTRAL | The RSI value for SYBX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SYBX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.47 | NEUTRAL | The Stochastics value for SYBX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.91 | HIGH VOLATILITY | The high ATR as a percentage value for SYBX suggests high volalility. |
| Average Directional Index/ADX (14) | 37.32 | POSITIVE | The high ADX value value for SYBX 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)
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 |
|---|---|---|---|
| 1.52 | 1.41 | 0.11 (7.24%) | 13.82% |
| An entry @1.52. This is a Buy Stop order right above the resistance zone. | An exit @1.41. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.11 points, which is 7.24%. | For a 1.00% total portfolio risk, you can invest 13.82% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SYBX. 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.
1.43
-0.03 (-2.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.05%
1 Week-1.35%
2 Weeks4.29%
1 Month-8.18%
3 Month29.2%
6 Month7.35%
12 Month-2.67%
2 Year-80.14%
3 Year-90.27%
5 Year-95.58%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%7.91%
ATR Inc4.15%
Range Today0.04
ADR(20)0.11
ADR(20)%7.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.34
Mansfield-0.17
10 Day High1.67
10 Day Low1.36
20 Day High1.67
20 Day Low1.33
52 Week High1.96
52 Week Low0.9
CS1 End1.46
CR1 Start1.49
Volume & EV
DER(3)12.02%
DER(5)5.42%
Volume4.39K
Volume Incr-70.36%
Vol(5)19.82K
Vol(50)55.83K