SILYNXCOM LTD (SYNX) Stock Technical Analysis
NYSEARCA:SYNX • IL0011990749
Overall SYNX gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. SYNX was also a bad performer in the overall market in the last year.
- 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.
- 88% of all other stocks performed better in the past year than SYNX.
- SYNX is part of the Aerospace & Defense industry. There are 78 other stocks in this industry, of which 80% are performing better than SYNX.
- 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 0.90 - 1.19 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.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of SYNX 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.
More info and screens
0.94
3 important support areas can be observed.
- A support zone ranging from 1.17 to 1.18. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 1.01 to 1.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.95 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @1.30 from a horizontal line in the daily time frame.
- Resistance @1.49 from a trend line in the daily time frame.
- Resistance @1.59 from a trend line in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for SYNX is neutral. |
| ChartMill Relative Strength | 12.48 | NEGATIVE | SYNX has a low relative strength, it was outperformed by 87.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SYNX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SYNX is above the rising 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) | 66.03 | NEUTRAL | The RSI value for SYNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SYNX has a positive trend. |
| Stochastics (14,3) | 78.38 | NEUTRAL | The Stochastics value for SYNX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.76 | HIGH VOLATILITY | The high ATR as a percentage value for SYNX suggests high volalility. |
| Average Directional Index/ADX (14) | 18.77 | NEGATIVE | The low ADX value for SYNX suggests a weak or negative trend. |
1.18
+0.07 (+6.31%)
SILYNXCOM LTD / SYNX FAQ
What is the technical rating for SYNX stock?
ChartMill assigns a technical rating of 2 / 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 66.0327. 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 0.0221107, indicating a bearish trend.
What is the short term momentum for SYNX stock?
The short term momentum for SILYNXCOM LTD (SYNX) is neutral.