Taking everything into account, SYRE scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although SYRE has an excellent technical rating, it does not present a decent entry opportunity 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.
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14.53
When analyzing the support we can see 4 important areas.
- Support @30.58 from a horizontal line in the weekly time frame.
- Support @29.96 from a horizontal line in the daily time frame.
- A support zone ranging from 16.73 to 16.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.68 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 32.76 to 33.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @33.63 from a horizontal line in the weekly time frame.
- Resistance @34.67 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 | UP | POSITIVE | The long term trend for SYRE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SYRE is neutral. |
| ChartMill Relative Strength | 92.83 | POSITIVE | SYRE has a high relative strength, it outperformed 92.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SYRE is below a declining 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) | 49.72 | NEUTRAL | The RSI value for SYRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.68 | NEGATIVE | The MACD value suggests SYRE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.61 | NEUTRAL | The Stochastics value for SYRE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.97 | MEDIUM VOLATILITY | The ATR as a percentage value for SYRE suggests some volalility. |
| Average Directional Index/ADX (14) | 28.87 | POSITIVE | The high ADX value value for SYRE suggests a strong trend. |
31.05
+0.72 (+2.37%)
SPYRE THERAPEUTICS INC / SYRE FAQ
What is the ChartMill technical rating of SPYRE THERAPEUTICS INC (SYRE) stock?
ChartMill assigns a technical rating of 7 / 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.
Can you provide the RSI signal for SPYRE THERAPEUTICS INC?
SPYRE THERAPEUTICS INC (SYRE) has an RSI value of 49.7173. This indicates that the stock is currently neutral.
What are the support and resistance levels for SPYRE THERAPEUTICS INC (SYRE) stock?
SPYRE THERAPEUTICS INC (SYRE) has a support level at 30.58 and a resistance level at 32.76. Check the full technical report for our detailed analysis of SYRE support and resistance levels.