SPYRE THERAPEUTICS INC (SYRE) Technical Analysis
NASDAQ:SYRE • US00773J2024
Current stock price
SYRE Technical Rating and Analysis
Overall SYRE gets a technical rating of 10 out of 10. Both in the recent history as in the last year, SYRE has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that SYRE is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by SYRE over the past year are nicely spread over this period.
- SYRE is part of the Biotechnology industry. There are 516 other stocks in this industry. SYRE outperforms 95% of them.
- SYRE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month SYRE has a been trading in the 42.68 - 75.00 range, which is quite wide. It is currently trading near the high of this range.
- SYRE has an average volume of 1062640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
SYRE Weekly and Daily overview Charts
SYRE Setup Rating and Analysis
Although SYRE has an excellent technical rating, it does not offer a high 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
SYRE Support and Resistance Analysis
42.67
When analyzing the support we can see 2 important areas.
- A support zone ranging from 47.25 to 47.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @43.10 from a trend line in the daily time frame.
SYRE 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 | UP | POSITIVE | The long term trend for SYRE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SYRE is up. |
| ChartMill Relative Strength | 99.04 | POSITIVE | SYRE has a high relative strength, it outperformed 99.04% 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) | UP | POSITIVE | The current price of SYRE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 80.87 | OVERBOUGHT | The high RSI value suggests SYRE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.69 | POSITIVE | The MACD value suggests SYRE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.49 | OVERBOUGHT | The high Stochastics value suggests SYRE may be overbought. |
| Average True Range in percent/ATR (20) | 6.26 | HIGH VOLATILITY | The high ATR as a percentage value for SYRE suggests high volalility. |
| Average Directional Index/ADX (14) | 48.4 | POSITIVE | The high ADX value value for SYRE suggests a strong trend. |
SYRE Chart- and CandleStick Pattern Analysis
SYRE Technicals: Chart, Performance Metrics, Trend & Indicators
73
+1.73 (+2.43%)
SPYRE THERAPEUTICS INC / SYRE TA FAQ
What is the ChartMill technical rating of SPYRE THERAPEUTICS INC (SYRE) stock?
ChartMill assigns a technical rating of 10 / 10 to SYRE.
What is the current trend direction of SPYRE THERAPEUTICS INC (SYRE) stock?
The current trend direction for SPYRE THERAPEUTICS INC (SYRE) is Bullish.
What is the RSI signal for SYRE stock?
SPYRE THERAPEUTICS INC (SYRE) has an RSI value of 80.8733. This indicates that the stock is currently overbought.
What is the short term momentum for SYRE stock?
The short term momentum for SPYRE THERAPEUTICS INC (SYRE) is positive.
What is the buy/sell signal for SYRE stock?
The buy/sell signal for SPYRE THERAPEUTICS INC (SYRE) is buy as both the short term and long term trends are positive.