Sykes Enterprises (SYKE) Stock Technical Analysis
NASDAQ:SYKE - Nasdaq -
Overall SYKE gets a technical rating of 10 out of 10. Both in the recent history as in the last year, SYKE has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, SYKE did better than 83% of all other stocks. On top of that, SYKE also shows a nice and consistent pattern of rising prices.
SYKE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
SYKE is part of the IT Services industry. There are 82 other stocks in this industry, SYKE did better than 65% of them.
In the last month SYKE has a been trading in a tight range between 53.48 and 54.01.
Besides having an excellent technical rating, SYKE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 54.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 53.88, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
40.41
54.55
When analyzing the support we can see 4 important areas.
- A support zone ranging from 53.10 to 53.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @44.20 from a trend line in the weekly time frame.
- Support @42.70 from a trend line in the daily time frame.
- Support @40.82 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 54.01 to 54.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.6
Mansfield1.09
10 Day High54.01
10 Day Low53.8
20 Day High54.01
20 Day Low53.48
52 Week High54.01
52 Week Low30.73
Performance
1 Week0.28%
2 Weeks0.28%
1 Month0.8%
3 Month28.82%
6 Month32.16%
12 Month57.57%
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)-0.11
RSI(14)74.29
LBB53.69
UBB54.02
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 |
|---|---|---|---|
| 54.02 | 53.79 | 0.23 (0.43%) | 25.00% |
| An entry @54.02. This is a Buy Stop order right above the resistance zone. | An exit @53.79. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.23 points, which is 0.43%. | For a 0.11% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
54
+0.02 (+0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.04%
1 Week0.28%
2 Weeks0.28%
1 Month0.8%
3 Month28.82%
6 Month32.16%
12 Month57.57%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%0.3%
ATR Inc-78.12%
Range Today0.02
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
CRS83.6
Mansfield1.09
10 Day High54.01
10 Day Low53.8
20 Day High54.01
20 Day Low53.48
52 Week High54.01
52 Week Low30.73
CS1 End53.88
CR1 Start54.01
Volume & EV
DER(3)-1.77%
DER(5)-0.88%
Volume954.50K
Volume Incr71.48%
Vol(5)506.12K
Vol(50)622.48K