SILYNXCOM LTD (SYNX) Stock Technical Analysis
NYSEARCA:SYNX - NYSE Arca - IL0011990749 - Common Stock - Currency: USD
Taking everything into account, SYNX scores 0 out of 10 in our technical rating. SYNX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, SYNX is a bad performer in the overall market: 93% of all stocks are doing better.
SYNX is one of the lesser performing stocks in the Aerospace & Defense industry. 92% of 65 stocks in the same industry do better.
SYNX 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 SYNX has a been trading in the 1.56 - 2.28 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
SYNX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.67, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SYNX 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
1.61
3.17
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.77 to 1.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.14 from a trend 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 | DOWN | NEGATIVE | The long term trend for SYNX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SYNX is down. |
| ChartMill Relative Strength | 7.59 | NEGATIVE | SYNX has a low relative strength, it was outperformed by 92.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SYNX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SYNX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SYNX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.08 | NEUTRAL | The RSI value for SYNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SYNX has a negative trend. |
| Stochastics (14,3) | 11.71 | OVERSOLD | The low Stochastics value suggests SYNX may be oversold. |
| Average True Range in percent/ATR (20) | 11.04 | HIGH VOLATILITY | The high ATR as a percentage value for SYNX suggests high volalility. |
| Average Directional Index/ADX (14) | 23.29 | NEUTRAL | The ADX value for SYNX suggests a possible start of a new 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)
1.63
-0.09 (-5.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-5.23%
1 Week-9.44%
2 Weeks-6.86%
1 Month-5.78%
3 Month-8.43%
6 Month-67.27%
12 Month-44.63%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%11.04%
ATR Inc-42.27%
Range Today0.13
ADR(20)0.17
ADR(20)%10.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.59
Mansfield-4.9
10 Day High2.28
10 Day Low1.56
20 Day High2.28
20 Day Low1.56
52 Week High6.49
52 Week Low1.56
CS1 End1.67
CR1 Start1.81
Volume & EV
DER(3)-2.91%
DER(5)3.24%
Volume41.70K
Volume Incr-59.88%
Vol(5)52.12K
Vol(50)74.66K