Taking everything into account, SYM scores 7 out of 10 in our technical rating. In the last year, SYM was one of the better performers, but we do observe some doubts in the very recent evolution.
Although SYM 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
52.40
3 important support areas can be observed.
- A support zone ranging from 56.79 to 56.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @54.82 from a trend line in the daily time frame.
- A support zone ranging from 52.93 to 53.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 63.63 to 65.36. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for SYM is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SYM is down. |
| ChartMill Relative Strength | 95.82 | POSITIVE | SYM has a high relative strength, it outperformed 95.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SYM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SYM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SYM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.34 | NEUTRAL | The RSI value for SYM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.88 | NEGATIVE | The MACD value suggests SYM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.51 | NEUTRAL | The Stochastics value for SYM is a neutral value. |
| Average True Range in percent/ATR (20) | 11.51 | HIGH VOLATILITY | The high ATR as a percentage value for SYM suggests high volalility. |
| Average Directional Index/ADX (14) | 16.08 | NEGATIVE | The low ADX value for SYM suggests a weak or negative trend. |
61.43
-2.19 (-3.44%)
SYMBOTIC INC / SYM FAQ
Can you provide the ChartMill technical rating for SYMBOTIC INC?
ChartMill assigns a technical rating of 7 / 10 to SYM.
What is the current trend direction of SYMBOTIC INC (SYM) stock?
The current trend direction for SYMBOTIC INC (SYM) is Bullish.
What is the RSI signal for SYMBOTIC INC (SYM) stock?
SYMBOTIC INC (SYM) has an RSI value of 46.3448. This indicates that the stock is currently neutral.
What is the MACD signal for SYMBOTIC INC (SYM) stock?
The MACD indicator for SYMBOTIC INC (SYM) has a value of -0.87819, indicating a bearish trend.
What are the support and resistance levels for SYMBOTIC INC (SYM) stock?
SYMBOTIC INC (SYM) has a support level at 56.93 and a resistance level at 63.63. Check the full technical report for our detailed analysis of SYM support and resistance levels.