SYLA TECHNOLOGIES CO LTD-ADR (SYT) Stock Technical Analysis
NASDAQ:SYT - Nasdaq - US8712411052 - ADR - Currency: USD
Taking everything into account, SYT scores 5 out of 10 in our technical rating. In the last year, SYT was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
Warning: SYT has an average volume of 7168 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
SYT is one of the better performing stocks in the Real Estate Management & Development industry, it outperforms 73% of 65 stocks in the same industry.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, SYT turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
SYT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SYT is lagging the market.
In the last month SYT has a been trading in the 1.60 - 2.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
SYT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
1.85
2.42
We found 3 important support areas.
- A support zone ranging from 2.08 to 2.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.93 from a trend line in the daily time frame.
- A support zone ranging from 1.87 to 1.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @2.30 from a trend line in the weekly time frame.
- Resistance @2.40 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for SYT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SYT is neutral. |
| ChartMill Relative Strength | 68.63 | NEUTRAL | SYT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SYT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SYT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SYT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.53 | NEUTRAL | The RSI value for SYT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SYT has a positive trend. |
| Stochastics (14,3) | 67.68 | NEUTRAL | The Stochastics value for SYT is a neutral value. |
| Average True Range in percent/ATR (20) | 10.17 | HIGH VOLATILITY | The high ATR as a percentage value for SYT suggests high volalility. |
| Average Directional Index/ADX (14) | 18.82 | NEGATIVE | The low ADX value for SYT 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)
2.26
+0.17 (+8.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg8.13%
1 Week-0.88%
2 Weeks5.2%
1 Month-3.42%
3 Month17.71%
6 Month29.14%
12 Month-1.74%
2 Year-70.05%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%10.17%
ATR Inc63.82%
Range Today0.45
ADR(20)0.21
ADR(20)%9.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.63
Mansfield1.77
10 Day High2.34
10 Day Low1.85
20 Day High2.5
20 Day Low1.6
52 Week High3.87
52 Week Low1.18
CS1 End2.09
CR1 Start2.3
Volume & EV
DER(3)-36.58%
DER(5)-27.07%
Volume18.70K
Volume Incr17.7%
Vol(5)10.54K
Vol(50)7.17K