SYMBOTIC INC (SYM) Technical Analysis
NASDAQ:SYM • US87151X1019
Current stock price
SYM Technical Rating and Analysis
Overall SYM gets a technical rating of 4 out of 10. Although SYM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- Looking at the yearly performance, SYM did better than 94% of all other stocks. On top of that, SYM also shows a nice and consistent pattern of rising prices.
- SYM is one of the better performing stocks in the Machinery industry, it outperforms 94% of 131 stocks in the same industry.
- SYM has an average volume of 1845130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- SYM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SYM is lagging the market slightly.
- In the last month SYM has a been trading in the 45.75 - 57.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SYM Weekly and Daily overview Charts
SYM Setup Rating and Analysis
Although the technical rating is only medium, SYM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 52.52. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for SYM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
SYM Support and Resistance Analysis
47.27
3 important support areas can be observed.
- Support @49.40 from a trend line in the daily time frame.
- A support zone ranging from 48.60 to 48.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @47.75 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 52.52 to 52.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 57.43 to 58.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for SYM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SYM is down. |
| ChartMill Relative Strength | 94.14 | POSITIVE | SYM has a high relative strength, it outperformed 94.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SYM is below 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 | MIXED | The current price of SYM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.6 | NEUTRAL | The RSI value for SYM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests SYM has a positive trend. |
| Stochastics (14,3) | 43.57 | NEUTRAL | The Stochastics value for SYM is a neutral value. |
| Average True Range in percent/ATR (20) | 5.4 | HIGH VOLATILITY | The high ATR as a percentage value for SYM suggests high volalility. |
| Average Directional Index/ADX (14) | 27 | POSITIVE | The high ADX value value for SYM suggests a strong trend. |
SYM Chart- and CandleStick Pattern Analysis
SYM Technicals: Chart, Performance Metrics, Trend & Indicators
52.51
+1.54 (+3.02%)
SYMBOTIC INC / SYM TA FAQ
Can you provide the ChartMill technical rating for SYMBOTIC INC?
ChartMill assigns a technical rating of 4 / 10 to SYM.
What is the trend direction for SYM stock?
The current trend direction for SYMBOTIC INC (SYM) is Bearish.
What is the RSI signal for SYMBOTIC INC (SYM) stock?
SYMBOTIC INC (SYM) has an RSI value of 46.6031. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SYMBOTIC INC?
The MACD indicator for SYMBOTIC INC (SYM) has a value of 0.120892, indicating a bearish trend.
Can you provide the support and resistance levels for SYMBOTIC INC?
SYMBOTIC INC (SYM) has a support level at 49.4 and a resistance level at 52.52. Check the full technical report for our detailed analysis of SYM support and resistance levels.