USA - NASDAQ:SYT - US8712411052 - ADR
We assign a technical rating of 5 out of 10 to SYT. SYT has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
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.
1.85
When analyzing the support we can see 3 important areas.
2 important resistance areas can be observed.
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. |
2.26
+0.17 (+8.13%)
ChartMill assigns a technical rating of 5 / 10 to SYT.
The current trend direction for SYLA TECHNOLOGIES CO LTD-ADR (SYT) is Bearish.
SYLA TECHNOLOGIES CO LTD-ADR (SYT) has an RSI value of 54.5263. This indicates that the stock is currently neutral.
The MACD indicator for SYLA TECHNOLOGIES CO LTD-ADR (SYT) has a value of 0.00152709, indicating a bearish trend.
SYLA TECHNOLOGIES CO LTD-ADR (SYT) has a support level at 2.09 and a resistance level at 2.3. Check the full technical report for our detailed analysis of SYT support and resistance levels.