AlTorress

SNDX, $15.84 price moved above its 50-day MA on August 07, 2020

Long
NASDAQ:SNDX   Syndax Pharmaceuticals, Inc.
This price move could indicate a change in the trend, and may be a buy signal for investors. Tickeron A.I.dvisor found 33 similar cases, and 31 were successful. Based on this data, the odds of success are 90%.

Current price $15.23 crossed the support line at $15.52 and is trading between $15.52 support and $15.13 support lines. Throughout the month of 07/08/20 - 08/09/20, the price experienced a -1% Downtrend, while the week of 08/02/20 - 08/09/20 shows a +4% Uptrend.

Bullish Trend Analysis
The Momentum Indicator exceeded the 0 level on July 30, 2020. Traders may consider buying the ticker or exploring call options. Tickeron AI shows that in 63 of 76 cases where the ticker's Momentum Indicator exceeded 0, its price rose further within the subsequent month. The odds of a continued Uptrend are 83%.

The Moving Average Convergence Divergence (MACD) just turned positive. Considering data from situations where SNDX's MACD histogram became positive, Tickeron AI shows that in 26 of 36 cases, the price rose further within the following month. The odds of a continued Uptrend are 72%.
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