SYMBOTIC INC (SYM) Stock Technical Analysis
NASDAQ:SYM - Nasdaq - US87151X1019 - Common Stock - Currency: USD
Overall SYM gets a technical rating of 2 out of 10. In the past year, SYM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
89% of all other stocks performed better in the past year than SYM.
SYM is one of the lesser performing stocks in the Machinery industry. 78% of 128 stocks in the same industry do better.
SYM is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month SYM has a been trading in the 16.32 - 22.49 range, which is quite wide. It is currently trading near the high of this range.
SYM has an average volume of 1392370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although the technical rating is bad, SYM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 21.94. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.75, a Stop Loss order could be placed below this zone.
More info and screens
17.68
39.58
We found 3 important support areas.
- A support zone ranging from 20.22 to 20.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.62 from a horizontal line in the daily time frame.
- Support @17.86 from a horizontal line in the daily time frame.
7 important resistance areas can be observed.
- A resistance zone ranging from 21.94 to 22.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @23.12 from a horizontal line in the daily time frame.
- Resistance @25.09 from a trend line in the daily time frame.
- Resistance @31.04 from a trend line in the weekly time frame.
- Resistance @33.57 from a trend line in the weekly time frame.
- Resistance @36.14 from a trend line in the daily time frame.
- Resistance @39.19 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.91
Mansfield-2.13
10 Day High22.25
10 Day Low19.14
20 Day High22.49
20 Day Low16.32
52 Week High48.98
52 Week Low16.32
Performance
1 Week7.45%
2 Weeks9.54%
1 Month1.95%
3 Month-30.11%
6 Month-20.02%
12 Month-45.43%
2 Year-17.43%
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)0.37
RSI(14)53.99
LBB18.16
UBB22.61
21.93
-0.13 (-0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.59%
1 Week7.45%
2 Weeks9.54%
1 Month1.95%
3 Month-30.11%
6 Month-20.02%
12 Month-45.43%
2 Year-17.43%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.67
ATR(20)%8.23%
ATR Inc-58.33%
Range Today0.6
ADR(20)1.62
ADR(20)%7.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.91
Mansfield-2.13
10 Day High22.25
10 Day Low19.14
20 Day High22.49
20 Day Low16.32
52 Week High48.98
52 Week Low16.32
CS1 End20.75
CR1 Start21.94
Volume & EV
DER(3)1.11%
DER(5)1.91%
Volume890.50K
Volume Incr-41.48%
Vol(5)850.14K
Vol(50)1.39M