Sykes Enterprises (SYKE)

54  +0.02 (+0.04%)

After market: 54 0 (0%)

Technical Rating and Analysis

10

Taking everything into account, SYKE scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SYKE is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that SYKE is one of the better performing stocks in the market, outperforming 83% of all stocks. We also observe that the gains produced by SYKE over the past year are nicely spread over this period.
SYKE is part of the IT Services industry. There are 85 other stocks in this industry. SYKE outperforms 83% of them.
SYKE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month SYKE has a been trading in a tight range between 53.48 and 54.01.
Weekly and Daily overview Charts
SYKE Weekly chart
SYKE Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, SYKE also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 54.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 53.88, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

40.41

54.55

4 important support areas can be observed.

  • A support zone ranging from 53.10 to 53.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @44.20 from a trend line in the weekly time frame.
  • Support @42.70 from a trend line in the daily time frame.
  • Support @40.82 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 54.01 to 54.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.6
Mansfield1.09
10 Day High54.01
10 Day Low53.8
20 Day High54.01
20 Day Low53.48
52 Week High54.01
52 Week Low30.73
Performance
1 Week0.28%
2 Weeks0.28%
1 Month0.8%
3 Month28.82%
6 Month32.16%
12 Month57.57%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.11
RSI(14)74.29
LBB53.69
UBB54.02
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.

ENTRYEXITDISTANCECAPITAL
54.0253.790.23 (0.43%)25.00%
An entry @54.02. This is a Buy Stop order right above the resistance zone.An exit @53.79. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.23 points, which is 0.43%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.11%.

  • 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.
SYKE Daily chart

Sykes Enterprises

NASDAQ:SYKE (8/26/2021, 7:50:51 PM)

After market: 54 0 (0%)

54

+0.02 (+0.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.04%
1 Week0.28%
2 Weeks0.28%
1 Month0.8%
3 Month28.82%
6 Month32.16%
12 Month57.57%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.13
ATR(20)%0.3%
ATR Inc
Range Today0.02
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High54.01
10 Day Low53.8
20 Day High54.01
20 Day Low53.48
52 Week High54.01
52 Week Low30.73
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume954.50K
Volume Incr71.48%
Vol(5)506.12K
Vol(50)622.48K