cal268

Pennystock SYA.ASX

ASX:SYR   SYRAH RES FPO
Aussie Market did 145 Buys out of 2035 Aussie stocks.

Let's see some history relative timing ( RT             ) values by VectorVest:
16-Apr = 1.09
13-Apr = 0.70
12-Apr = 0.53
11-Apr = 0.35
10-Apr = 0.27

SYA.AX has a current Value of $0.01 per share, which is overvalued compared to its Price of $0.07 per share. Value is computed from forecasted earnings per share, forecasted earnings growth, profitability, interest, and inflation rates.

RT             analyzes a stock's price trend. SYA.AX has a Relative Timing of 1.09, which is fair on a scale of 0.00 to 2.00. RT             is computed from an analysis of the direction, magnitude, and dynamics of a stock's price movements day-over-day, week-over-week, quarter-over-quarter and year-over-year. If a trend dissipates, RT             will gravitate toward 1.00.
As the relative timing ( RT             ) was jumped sharply last few days, it is a good sign for a longer run.

Let’s have a look on the technical analysis:

A "Head and Shoulders Top" chart pattern formed on Syrah Resources Ltd.
The price seems to have reached the end of a period of "distribution" at the top of a major uptrend; the break down through support signals a reversal to a new downtrend. The Head and Shoulders Top is created by three successive rallies in the price following a significant uptrend. The highest high (head) is in the middle, flanked by two lower highs (shoulders) at roughly the same level. Volume is highest as the price makes the first two rallies, then diminishes through the right shoulder.

Coincidentally, a bullish divergence pattern on MACD . With the above strong increased RT             values, it is still early to conclude a further bearish movement, unless the price actions break below the base of the channel and the neck line.

Resistance:
Ichimoku plays a key role telling us that the major resistance (Kijun-sen) is 3.435. The support level is at the senkou span of previous green cloud at 3.14.

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out