Systemax Inc (SYX) Stock Technical Analysis
NYSE:SYX - New York Stock Exchange, Inc. -
We assign a technical rating of 2 out of 10 to SYX. SYX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
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.
In the last month SYX has a been trading in the 33.00 - 35.31 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, SYX outperforms 69% of them, which is more or less in line with the market.
SYX is part of the Trading Companies & Distributors industry. There are 48 other stocks in this industry, SYX did better than 61% of them.
SYX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SYX is lagging the market.
Volume is considerably higher in the last couple of days.
SYX 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
31.12
45.41
When analyzing the support we can see 3 important areas.
- A support zone ranging from 33.74 to 34.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 32.61 to 33.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.43 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 35.17 to 35.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @44.96 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 | DOWN | NEGATIVE | The long term trend for SYX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SYX is neutral. |
| ChartMill Relative Strength | 69.68 | NEUTRAL | SYX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SYX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SYX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SYX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.75 | NEUTRAL | The RSI value for SYX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests SYX has a positive trend. |
| Stochastics (14,3) | 62.11 | NEUTRAL | The Stochastics value for SYX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for SYX suggests some volalility. |
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)
35.16
+1.2 (+3.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg3.53%
1 Week4.02%
2 Weeks1.68%
1 Month4.3%
3 Month-7.21%
6 Month0.06%
12 Month76.77%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.78
ATR(20)%2.14%
ATR Inc130.52%
Range Today1.98
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.68
Mansfield-0.03
10 Day High35.31
10 Day Low33.01
20 Day High35.31
20 Day Low33
52 Week High45.97
52 Week Low18.68
CS1 End34.19
CR1 Start35.17
Volume & EV
DER(3)3.17%
DER(5)2.61%
Volume213.20K
Volume Incr115.13%
Vol(5)118.92K
Vol(50)72.51K