Taking everything into account, SYM scores 5 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.
SYM has an average technical rating and it also does not offer a high quality setup 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.
55.42
2 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 | NEUTRAL | NEUTRAL | The short term trend for SYM is neutral. |
| ChartMill Relative Strength | 96.63 | POSITIVE | SYM has a high relative strength, it outperformed 96.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SYM is above a declining 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) | 53.94 | NEUTRAL | The RSI value for SYM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.5 | POSITIVE | The MACD value suggests SYM has a positive trend. |
| Stochastics (14,3) | 62.58 | NEUTRAL | The Stochastics value for SYM is a neutral value. |
| Average True Range in percent/ATR (20) | 6.35 | HIGH VOLATILITY | The high ATR as a percentage value for SYM suggests high volalility. |
| Average Directional Index/ADX (14) | 10.42 | NEGATIVE | The low ADX value for SYM suggests a weak or negative trend. |
64.87
+5.37 (+9.03%)
ChartMill assigns a technical rating of 5 / 10 to SYM.
The current trend direction for SYMBOTIC INC (SYM) is Bullish.
SYMBOTIC INC (SYM) has an RSI value of 53.9397. This indicates that the stock is currently neutral.
The MACD indicator for SYMBOTIC INC (SYM) has a value of 0.498587, indicating a bearish trend.
SYMBOTIC INC (SYM) has a support level at 58.29 and a resistance level at 64.88. Check the full technical report for our detailed analysis of SYM support and resistance levels.