SILYNXCOM LTD (SYNX) Technical Analysis
NYSEARCA:SYNX • IL0011990749
Current stock price
SYNX Technical Rating and Analysis
Taking everything into account, SYNX scores 1 out of 10 in our technical rating. SYNX'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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 89% of all other stocks performed better in the past year than SYNX.
- SYNX is one of the lesser performing stocks in the Aerospace & Defense industry. 78% of 79 stocks in the same industry do better.
- SYNX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SYNX is lagging the market.
- In the last month SYNX has a been trading in the 0.92 - 1.95 range, which is quite wide. It is currently trading near the lows of this range.
- SYNX has an average volume of 1675880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
SYNX Weekly and Daily overview Charts
SYNX Setup Rating and Analysis
Although the technical rating is bad, SYNX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.13. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.02, 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
SYNX Support and Resistance Analysis
0.91
2 important support areas can be observed.
- A support zone ranging from 1.02 to 1.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.92 to 0.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.13 to 1.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.41 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.54 to 1.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
SYNX 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 SYNX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SYNX is neutral. |
| ChartMill Relative Strength | 11.88 | NEGATIVE | SYNX has a low relative strength, it was outperformed by 88.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SYNX is below the rising 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) | 47.34 | NEUTRAL | The RSI value for SYNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SYNX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.36 | OVERSOLD | The low Stochastics value suggests SYNX may be oversold. |
| Average True Range in percent/ATR (20) | 17.12 | HIGH VOLATILITY | The high ATR as a percentage value for SYNX suggests high volalility. |
| Average Directional Index/ADX (14) | 32.55 | POSITIVE | The high ADX value value for SYNX suggests a strong trend. |
SYNX Chart- and CandleStick Pattern Analysis
SYNX Technicals: Chart, Performance Metrics, Trend & Indicators
1.05
+0.03 (+2.94%)
SILYNXCOM LTD / SYNX TA FAQ
What is the technical rating for SYNX stock?
ChartMill assigns a technical rating of 1 / 10 to SYNX.
Can you provide the trend direction for SILYNXCOM LTD?
The current trend direction for SILYNXCOM LTD (SYNX) is Bearish.
Can you provide the RSI signal for SILYNXCOM LTD?
SILYNXCOM LTD (SYNX) has an RSI value of 47.3387. This indicates that the stock is currently neutral.
What is the MACD signal for SILYNXCOM LTD (SYNX) stock?
The MACD indicator for SILYNXCOM LTD (SYNX) has a value of -0.0165143, indicating a bearish trend.
What is the short term momentum for SYNX stock?
The short term momentum for SILYNXCOM LTD (SYNX) is neutral.