SYNLOGIC INC (SYBX) Stock Technical Analysis
USA - NASDAQ:SYBX - US87166L2097 - Common Stock
1.74 USD
+0.02 (+0.99%)
1.7 USD
-0.04 (-2.3%)
Taking everything into account, SYBX scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, SYBX has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
SYBX is part of the Biotechnology industry. There are 538 other stocks in this industry. SYBX outperforms 71% of them.
SYBX 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 SYBX is lagging the market slightly.
In the last month SYBX has a been trading in the 1.41 - 1.79 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that SYBX is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Considerably lower volume is observed in the last couple of days.
Although SYBX has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.38
1.81
We found 1 important support area.
- Support @1.39 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.79 to 1.79. 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 SYBX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SYBX is up. |
| ChartMill Relative Strength | 84.41 | POSITIVE | SYBX has a high relative strength, it outperformed 84.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SYBX is above the rising 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) | 65.89 | NEUTRAL | The RSI value for SYBX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SYBX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.85 | OVERBOUGHT | The high Stochastics value suggests SYBX may be overbought. |
| Average True Range in percent/ATR (20) | 4.14 | MEDIUM VOLATILITY | The ATR as a percentage value for SYBX suggests some volalility. |
| Average Directional Index/ADX (14) | 52.67 | 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 |
|---|---|---|---|
| 1.80 | 1.44 | 0.36 (20.00%) | 5.00% |
| An entry @1.80. This is a Buy Stop order right above the resistance zone. | An exit @1.44. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.36 points, which is 20.00%. | When investing 5.00% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
1.74
+0.02 (+0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.99%
1 Week0%
2 Weeks19.18%
1 Month17.57%
3 Month40.32%
6 Month35.94%
12 Month13.73%
2 Year-38.08%
3 Year-87.79%
5 Year-94.26%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%4.14%
ATR Inc-16.07%
Range Today0.05
ADR(20)0.07
ADR(20)%3.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.41
Mansfield1.51
10 Day High1.79
10 Day Low1.45
20 Day High1.79
20 Day Low1.41
52 Week High1.96
52 Week Low0.9
CS1 End1.39
CR1 Start1.79
Volume & EV
DER(3)13.15%
DER(5)15.5%
Volume2.50K
Volume Incr-24.67%
Vol(5)15.94K
Vol(50)61.97K