SYROS PHARMACEUTICALS INC (SYRS) Stock Technical Analysis
NASDAQ:SYRS - Nasdaq - US87184Q2066 - Common Stock - Currency: USD
Taking everything into account, SYRS scores 0 out of 10 in our technical rating. SYRS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, SYRS is a bad performer in the overall market: 98% of all stocks are doing better.
SYRS is one of the lesser performing stocks in the Biotechnology industry. 83% of 556 stocks in the same industry do better.
SYRS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month SYRS has a been trading in the 0.07 - 0.30 range, which is quite wide. It is currently trading near the lows 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.
SYRS has an average volume of 27799100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SYRS has a poor technical rating and the quality of the setup is also not perfect 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
0.12
0.16
When analyzing the resistance we notice 2 important areas.
- Resistance @0.15 from a trend line in the daily time frame.
- Resistance @0.16 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 SYRS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SYRS is down. |
| ChartMill Relative Strength | 2.41 | NEGATIVE | SYRS has a low relative strength, it was outperformed by 97.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SYRS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SYRS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SYRS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.39 | NEUTRAL | The RSI value for SYRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SYRS has a positive trend. |
| Stochastics (14,3) | 19.44 | OVERSOLD | The low Stochastics value suggests SYRS may be oversold. |
| Average True Range in percent/ATR (20) | 31.48 | HIGH VOLATILITY | The high ATR as a percentage value for SYRS suggests high volalility. |
| Average Directional Index/ADX (14) | 31.03 | POSITIVE | The high ADX value value for SYRS suggests a strong 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)
0.1172
-0.01 (-8.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-8.44%
1 Week39.19%
2 Weeks36.12%
1 Month-34.71%
3 Month-41.4%
6 Month-93.99%
12 Month-98.13%
2 Year-95.61%
3 Year-99.02%
5 Year-99.8%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%31.48%
ATR Inc59.13%
Range Today0.02
ADR(20)0.03
ADR(20)%24.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.41
Mansfield-9.57
10 Day High0.3
10 Day Low0.07
20 Day High0.3
20 Day Low0.07
52 Week High6.93
52 Week Low0.07
CS1 EndN/A
CR1 Start0.15
Volume & EV
DER(3)-1.41%
DER(5)-2.88%
Volume14.99M
Volume Incr146.24%
Vol(5)103.27M
Vol(50)27.80M