SYMBOTIC INC (SYM) Stock Technical Analysis
NASDAQ:SYM - Nasdaq - US87151X1019 - Common Stock - Currency: USD
Overall SYM gets a technical rating of 10 out of 10. Both in the recent history as in the last year, SYM has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, SYM did better than 97% of all other stocks.
SYM is part of the Machinery industry. There are 128 other stocks in this industry. SYM outperforms 95% of them.
SYM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SYM is lagging the market slightly.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
SYM has an average volume of 2528430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SYM has a been trading in the 43.72 - 64.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SYM has an excellent technical rating, but the quality of the setup is only medium 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
35.90
56.18
2 important support areas can be observed.
- A support zone ranging from 50.70 to 50.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @36.26 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @55.62 from a horizontal line in the weekly 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 | UP | POSITIVE | The short term trend for SYM is up. |
| ChartMill Relative Strength | 97.87 | POSITIVE | SYM has a high relative strength, it outperformed 97.87% 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) | 57.19 | NEUTRAL | The RSI value for SYM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests SYM has a negative trend. |
| Stochastics (14,3) | 62.28 | NEUTRAL | The Stochastics value for SYM is a neutral value. |
| Average True Range in percent/ATR (20) | 7.88 | HIGH VOLATILITY | The high ATR as a percentage value for SYM suggests high volalility. |
| Average Directional Index/ADX (14) | 36 | POSITIVE | The high ADX value value for SYM suggests a strong trend. |
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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 55.63 | 50.69 | 4.94 (8.88%) | 11.26% |
| An entry @55.63. This is a Buy Stop order right above the resistance zone. | An exit @50.69. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.94 points, which is 8.88%. | For a 1.00% total portfolio risk, you can invest 11.26% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SYM. Please evaluate whether better entry and exit points can be found.
- 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.
55.61
+1.4 (+2.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg2.58%
1 Week9.36%
2 Weeks4.94%
1 Month18.17%
3 Month124.69%
6 Month110.88%
12 Month153.93%
2 Year33.07%
3 Year346.31%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.72
ATR(20)%7.88%
ATR Inc130.03%
Range Today2.98
ADR(20)3.7
ADR(20)%6.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.87
Mansfield7.78
10 Day High64.16
10 Day Low47.5
20 Day High64.16
20 Day Low43.72
52 Week High64.16
52 Week Low16.32
CS1 End50.84
CR1 Start55.62
Volume & EV
DER(3)2.73%
DER(5)3.52%
Volume2.84M
Volume Incr69.04%
Vol(5)4.21M
Vol(50)2.53M