SYMBOTIC INC (SYM)
US87151X1019 - Common Stock
Taking everything into account, SYM scores 9 out of 10 in our technical rating. In the past year, SYM was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Looking at the yearly performance, SYM did better than 86% of all other stocks. On top of that, SYM also shows a nice and consistent pattern of rising prices.
SYM is one of the better performing stocks in the Machinery industry, it outperforms 75% of 132 stocks in the same industry.
SYM has an average volume of 1196130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SYM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SYM is lagging the market.
In the last month SYM has a been trading in the 38.01 - 48.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, SYM also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 47.09. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
37.53
50.95
We found 2 important support areas.
- Support @41.37 from a trend line in the weekly time frame.
- A support zone ranging from 37.91 to 39.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 47.09 to 47.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 49.27 to 49.28. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @50.45 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.12
Mansfield-0.87
10 Day High48.98
10 Day Low41.28
20 Day High48.98
20 Day Low38.01
52 Week High64.14
52 Week Low28.72
Performance
1 Week5.26%
2 Weeks6.95%
1 Month10.72%
3 Month2.23%
6 Month18.25%
12 Month51.53%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.45
RSI(14)51.82
LBB37.26
UBB49.33
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 47.76 | 41.36 | 6.40 (13.40%) | 7.46% |
| An entry @47.76. This is a Buy Stop order right above the resistance zone. | An exit @41.36. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 6.40 points, which is 13.40%. | When investing 7.46% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SYMBOTIC INC
NASDAQ:SYM (5/17/2024, 7:00:01 PM)
After market: 44 +0.01 (+0.02%)43.99
-2.17 (-4.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-4.7%
1 Week5.26%
2 Weeks6.95%
1 Month10.72%
3 Month2.23%
6 Month18.25%
12 Month51.53%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.95
ATR(20)%5.81%
ATR Inc
Range Today2.12
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High48.98
10 Day Low41.28
20 Day High48.98
20 Day Low38.01
52 Week High64.14
52 Week Low28.72
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume933.70K
Volume Incr-5.75%
Vol(5)1.24M
Vol(50)1.20M