SYMBOTIC INC (SYM) Technical Analysis
NASDAQ:SYM • US87151X1019
Current stock price
62.96 USD
-2.17 (-3.33%)
At close:
63.8 USD
+0.84 (+1.33%)
After Hours:
SYM Technical Rating and Analysis
Overall SYM gets a technical rating of 9 out of 10. 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 long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Looking at the yearly performance, SYM did better than 95% of all other stocks.
- SYM is one of the better performing stocks in the Machinery industry, it outperforms 96% of 131 stocks in the same industry.
- In the last month SYM has a been trading in the 47.18 - 67.08 range, which is quite wide. It is currently trading near the high of this range.
- 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 1420840 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 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. 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
SYM Support and Resistance Analysis
47.27
65.78
3 important support areas can be observed.
- Support @53.15 from a trend line in the weekly time frame.
- Support @49.20 from a trend line in the weekly time frame.
- A support zone ranging from 47.75 to 47.76. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- Resistance @63.18 from a horizontal line in the weekly time frame.
- Resistance @65.13 from a horizontal line 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 | 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 | 95.61 | POSITIVE | SYM has a high relative strength, it outperformed 95.61% 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) | 65.07 | NEUTRAL | The RSI value for SYM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.31 | POSITIVE | The MACD value suggests SYM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.23 | OVERBOUGHT | The high Stochastics value suggests SYM may be overbought. |
| Average True Range in percent/ATR (20) | 5.38 | HIGH VOLATILITY | The high ATR as a percentage value for SYM suggests high volalility. |
| Average Directional Index/ADX (14) | 19.22 | 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
62.96
-2.17 (-3.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-3.33%
1 Week11.32%
2 Weeks22.06%
1 Month19.7%
3 Month1.42%
6 Month-3.29%
12 Month187.1%
2 Year63.24%
3 Year137.05%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.45
ATR(20)%5.38%
ATR Inc7.75%
Range Today4.23
ADR(20)2.92
ADR(20)%4.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.61
3 months CRS60.81
6 months CRS35.67
Mansfield1.19
10 Day High67.08
10 Day Low52.41
20 Day High67.08
20 Day Low47.18
52 Week High87.88
52 Week Low20.5
CS1 End53.15
CR1 Start63.18
Volume & EV
DER(3)-2.6%
DER(5)-1.12%
Volume1.46M
Volume Incr67.22%
Vol(5)1.96M
Vol(50)1.42M
SYMBOTIC INC / SYM TA FAQ
Can you provide the ChartMill technical rating for SYMBOTIC INC?
ChartMill assigns a technical rating of 9 / 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 65.0691. 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 53.15 and a resistance level at 63.18. Check the full technical report for our detailed analysis of SYM support and resistance levels.