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SYNTHETIC BIOLOGICS INC (SYN) Stock Technical Analysis

NYSEARCA:SYN - NYSE Arca - US87164U4094 - Common Stock - Currency: USD

1.02  +0.01 (+0.99%)

After market: 1.1 +0.08 (+7.84%)

Technical Rating and Analysis

0

Taking everything into account, SYN scores 0 out of 10 in our technical rating. SYN's overall performance in the market is below average. Also 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.
When comparing the yearly performance of all stocks, SYN is a bad performer in the overall market: 91% of all stocks are doing better.
SYN is one of the lesser performing stocks in the Biotechnology industry. 63% of 555 stocks in the same industry do better.
SYN is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month SYN has a been trading in the 0.97 - 1.40 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
SYNTHETIC BIOLOGICS INC / SYN Weekly stock chart
SYNTHETIC BIOLOGICS INC / SYN Daily stock chart
Setup Rating and Analysis

3

The technical rating of SYN is bad and it also does not present a 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.

Support and Resistance Analysis

1.01

1.34

We can see 4 important resistance areas.

  • A resistance zone ranging from 1.05 to 1.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @1.09 from a trend line in the daily time frame.
  • Resistance @1.15 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 1.32 to 1.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for SYN is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for SYN is down.
ChartMill Relative Strength9.45NEGATIVESYN has a low relative strength, it was outperformed by 90.55% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of SYN is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of SYN is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of SYN is below a declining SMA(200).
Relative Strength Index/RSI (14)33.94NEUTRALThe RSI value for SYN is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests SYN has a positive trend.
Stochastics (14,3)22.33NEUTRALThe Stochastics value for SYN is a neutral value.
Average True Range in percent/ATR (20)6.7HIGH VOLATILITYThe high ATR as a percentage value for SYN suggests high volalility.
Average Directional Index/ADX (14)31.41POSITIVEThe high ADX value value for SYN suggests a strong trend.
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)
SYNTHETIC BIOLOGICS INC / SYN Daily stock chart

SYNTHETIC BIOLOGICS INC

NYSEARCA:SYN (10/12/2022, 8:04:00 PM)

After market: 1.1 +0.08 (+7.84%)

1.02

+0.01 (+0.99%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.99%
1 Week-11.3%
2 Weeks-4.67%
1 Month-25.55%
3 Month-37.42%
6 Month-61.51%
12 Month-76.54%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%6.7%
ATR Inc-40.67%
Range Today0.05
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.45
Mansfield-4.89
10 Day High1.19
10 Day Low0.97
20 Day High1.4
20 Day Low0.97
52 Week High4.55
52 Week Low0.97
CS1 EndN/A
CR1 Start1.05
Volume & EV
DER(3)-21.46%
DER(5)-20%
Volume57.70K
Volume Incr-57.66%
Vol(5)32.00K
Vol(50)170.99K