SPYRE THERAPEUTICS INC (SYRE) Stock Technical Analysis
NASDAQ:SYRE - Nasdaq - US00773J2024 - Common Stock - Currency: USD
Overall SYRE gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. SYRE was also a bad performer in the overall market in the last year.
88% of all other stocks performed better in the past year than SYRE.
SYRE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month SYRE has a been trading in the 14.00 - 17.29 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
SYRE is part of the Biotechnology industry. There are 556 other stocks in this industry, SYRE did better than 47% of them.
SYRE has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
14.53
19.21
4 important support areas can be observed.
- Support @16.49 from a trend line in the daily time frame.
- A support zone ranging from 15.61 to 16.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.01 from a horizontal line in the weekly time frame.
- Support @14.68 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @17.29 from a horizontal line in the weekly time frame.
- Resistance @17.74 from a trend line in the daily time frame.
- Resistance @18.56 from a horizontal line in the daily time frame.
- Resistance @19.02 from a horizontal 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 SYRE is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SYRE is up. |
| ChartMill Relative Strength | 12.04 | NEGATIVE | SYRE has a low relative strength, it was outperformed by 87.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SYRE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SYRE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SYRE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.05 | NEUTRAL | The RSI value for SYRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests SYRE has a positive trend. |
| Stochastics (14,3) | 71.44 | NEUTRAL | The Stochastics value for SYRE is a neutral value. |
| Average True Range in percent/ATR (20) | 6.79 | HIGH VOLATILITY | The high ATR as a percentage value for SYRE suggests high volalility. |
| Average Directional Index/ADX (14) | 13.39 | NEGATIVE | The low ADX value for SYRE suggests a weak or negative 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)
16.49
+0.14 (+0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.86%
1 Week7.71%
2 Weeks5.64%
1 Month12.33%
3 Month16.7%
6 Month-23.66%
12 Month-47.6%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.98
ATR(20)%6.79%
ATR Inc-33.9%
Range Today0.57
ADR(20)1.1
ADR(20)%6.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.04
Mansfield-3.17
10 Day High17.18
10 Day Low15.05
20 Day High17.29
20 Day Low14
52 Week High40.26
52 Week Low10.91
CS1 End16.49
CR1 Start17.29
Volume & EV
DER(3)-0.15%
DER(5)1.61%
Volume654.60K
Volume Incr-32.4%
Vol(5)471.74K
Vol(50)573.69K