SIYATA MOBILE INC (SYTA) Technical Analysis
NASDAQ:SYTA • CA83013Q8891
Current stock price
SYTA Technical Rating and Analysis
Taking everything into account, SYTA scores 1 out of 10 in our technical rating. SYTA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 97% of all other stocks performed better in the past year than SYTA.
- SYTA is part of the Communications Equipment industry. There are 48 other stocks in this industry, of which 93% are performing better than SYTA.
- SYTA is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SYTA is lagging the market.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- SYTA has an average volume of 1135700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month SYTA has a been trading in the 2.22 - 3.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SYTA Weekly and Daily overview Charts
SYTA Setup Rating and Analysis
The technical rating of SYTA is bad and it also does not present a 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
SYTA Support and Resistance Analysis
2.30
When analyzing the support we notice one important area.
- Support @2.32 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.23 to 3.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
SYTA 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 | DOWN | NEGATIVE | The long term trend for SYTA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SYTA is neutral. |
| ChartMill Relative Strength | 3.85 | NEGATIVE | SYTA has a low relative strength, it was outperformed by 96.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SYTA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SYTA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SYTA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.84 | NEUTRAL | The RSI value for SYTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests SYTA has a positive trend. |
| Stochastics (14,3) | 44.44 | NEUTRAL | The Stochastics value for SYTA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.76 | HIGH VOLATILITY | The high ATR as a percentage value for SYTA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.57 | NEUTRAL | The ADX value for SYTA suggests a possible start of a new trend. |
SYTA Chart- and CandleStick Pattern Analysis
SYTA Technicals: Chart, Performance Metrics, Trend & Indicators
3.07
-0.15 (-4.66%)
SIYATA MOBILE INC / SYTA TA FAQ
What is the technical rating for SYTA stock?
ChartMill assigns a technical rating of 1 / 10 to SYTA.
What is the current trend direction of SIYATA MOBILE INC (SYTA) stock?
The current trend direction for SIYATA MOBILE INC (SYTA) is Bearish.
Can you provide the RSI signal for SIYATA MOBILE INC?
SIYATA MOBILE INC (SYTA) has an RSI value of 59.8386. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SIYATA MOBILE INC?
The MACD indicator for SIYATA MOBILE INC (SYTA) has a value of 0.0985369, indicating a bearish trend.
Can you provide the support and resistance levels for SIYATA MOBILE INC?
SIYATA MOBILE INC (SYTA) has a support level at 2.32 and a resistance level at 3.23. Check the full technical report for our detailed analysis of SYTA support and resistance levels.