SYMBOTIC INC (SYM) Technical Analysis
NASDAQ:SYM • US87151X1019
Current stock price
63.17 USD
+2.61 (+4.31%)
At close:
63.33 USD
+0.16 (+0.25%)
After Hours:
SYM Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to SYM. SYM has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- SYM is part of the Machinery industry. There are 131 other stocks in this industry. SYM outperforms 96% of them.
- In the last month SYM has a been trading in the 47.18 - 65.45 range, which is quite wide. It is currently trading near the high of this range.
- SYM has an average volume of 1557240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that SYM is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- SYM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SYM is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SYM Weekly and Daily overview Charts
SYM Setup Rating and Analysis
Although SYM has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
SYM Support and Resistance Analysis
47.23
63.81
We found 3 important support areas.
- Support @52.50 from a trend line in the weekly time frame.
- Support @49.12 from a trend line in the weekly time frame.
- A support zone ranging from 47.71 to 47.75. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 63.18 to 63.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
SYM 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 | NEUTRAL | NEUTRAL | The long term trend for SYM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SYM is up. |
| ChartMill Relative Strength | 95.35 | POSITIVE | SYM has a high relative strength, it outperformed 95.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SYM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SYM is above the rising 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) | 68.84 | NEUTRAL | The RSI value for SYM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.2 | POSITIVE | The MACD value suggests SYM has a positive trend. |
| Stochastics (14,3) | 85.36 | OVERBOUGHT | The high Stochastics value suggests SYM may be overbought. |
| Average True Range in percent/ATR (20) | 5.27 | HIGH VOLATILITY | The high ATR as a percentage value for SYM suggests high volalility. |
| Average Directional Index/ADX (14) | 17.08 | NEGATIVE | The low ADX value for SYM suggests a weak or negative trend. |
SYM Chart- and CandleStick Pattern Analysis
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)
SYM Technicals: Chart, Performance Metrics, Trend & Indicators
63.17
+2.61 (+4.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg4.31%
1 Week17.35%
2 Weeks18.36%
1 Month23.19%
3 Month-6.29%
6 Month-7.81%
12 Month209.51%
2 Year63.78%
3 Year137.84%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.58
ATR(20)%5.27%
ATR Inc44.79%
Range Today4.33
ADR(20)2.82
ADR(20)%4.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.35
3 months CRS27.02
6 months CRS26.67
Mansfield1.26
10 Day High65.45
10 Day Low50.5
20 Day High65.45
20 Day Low47.18
52 Week High87.88
52 Week Low19.14
CS1 End52.5
CR1 Start63.18
Volume & EV
DER(3)0.05%
DER(5)1.07%
Volume2.37M
Volume Incr36.25%
Vol(5)1.69M
Vol(50)1.56M
SYMBOTIC INC / SYM TA FAQ
Can you provide the ChartMill technical rating for SYMBOTIC INC?
ChartMill assigns a technical rating of 8 / 10 to SYM.
Can you provide the trend direction for SYMBOTIC INC?
The current trend direction for SYMBOTIC INC (SYM) is Bearish.
Can you provide the RSI signal for SYMBOTIC INC?
SYMBOTIC INC (SYM) has an RSI value of 68.8368. This indicates that the stock is currently neutral.
What are the support and resistance levels for SYMBOTIC INC (SYM) stock?
SYMBOTIC INC (SYM) has a support level at 52.5 and a resistance level at 63.18. Check the full technical report for our detailed analysis of SYM support and resistance levels.