SYNLOGIC INC (SYBX) Technical Analysis
NASDAQ:SYBX • US87166L2097
Current stock price
SYBX Technical Rating and Analysis
Taking everything into account, SYBX scores 0 out of 10 in our technical rating. SYBX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 98% of all other stocks performed better in the past year than SYBX.
- SYBX is one of the lesser performing stocks in the Biotechnology industry. 85% of 516 stocks in the same industry do better.
- 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.
SYBX Weekly and Daily overview Charts
SYBX Setup Rating and Analysis
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
SYBX Support and Resistance Analysis
0.55
When analyzing the resistance we notice 2 important 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.
SYBX 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 | 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 | 2.96 | NEGATIVE | SYBX has a low relative strength, it was outperformed by 97.04% 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. |
SYBX Chart- and CandleStick Pattern Analysis
SYBX Technicals: Chart, Performance Metrics, Trend & Indicators
0.56
-0.56 (-50%)
SYNLOGIC INC / SYBX TA 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.
Can you provide the RSI signal for SYNLOGIC INC?
SYNLOGIC INC (SYBX) has an RSI value of 16.2779. This indicates that the stock is currently oversold.
Can you provide the buy/sell signal for SYNLOGIC INC?
The buy/sell signal for SYNLOGIC INC (SYBX) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for SYNLOGIC INC?
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.