RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of SYBX
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Synlogic Inc stock price ended at $1.78 on Wednesday, after losing 0%.
(Updated on Mar 27, 2024)

Hold candidate since Mar 26, 2024 PDF

No changes to the price of Synlogic Inc stock on the last trading day (Wednesday, 27th Mar 2024). During the last trading day the stock fluctuated 2.88% from a day low at $1.73 to a day high of $1.78. The price has been going up and down for this period, and there has been a -4.3% loss for the last 2 weeks.

The stock lies the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $2.08 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -57.82% during the next 3 months and, with a 90% probability hold a price between $0.116 and $0.88 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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SYBX Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, February 12, 2024, and so far it has risen 3.49%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Synlogic Inc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $1.93. On a fall, the stock will find some support from the short-term average at $1.77. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Synlogic Inc stock

Synlogic Inc finds support from accumulated volume at $1.77 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.0499 between high and low, or 2.88%. For the last week the stock has had daily average volatility of 4.07%.

Our recommended stop-loss: $1.69 (-5.27%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 31 days ago.)

Trading Expectations (SYBX) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Synlogic Inc to open at $1.76, and during the day (based on 14 day Average True Range), to move between $1.63 and $1.93, which gives a possible trading interval of +/-$0.146 (+/-8.19%) up or down from last closing price. If Synlogic Inc takes out the full calculated possible swing range there will be an estimated 16.37% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $1.77 (0.56%) than the resistance at $1.80 (1.12%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Synlogic Inc stock A Buy?

Synlogic Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.940 Hold/Accumulate Unchanged

Predicted Opening Price for Synlogic Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$1.76 ( 0.93%) $1.78

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for SYBX

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1.81 1.87 %
R2 1.79 0.798 %
R1 1.78 0.136 %
Current price: 1.78
Support S1 1.74 -2.01 %
S2 1.73 -2.67 %
S3 1.71 -3.74 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 1.85 3.93 %
R2 1.84 3.37 %
R1 1.80 1.12 %
Current price 1.78
Support S1 1.77 -0.562%
S2 1.73 -2.81%
S3 1.72 -3.37%

FAQ

What is the symbol for Synlogic Inc Stock and on which exchange is it traded?
The symbol for Synlogic Inc is SYBX and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Synlogic Inc Stock?
Synlogic Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Synlogic Inc Stock?
Synlogic Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Synlogic Inc Stock.

What's the current price of Synlogic Inc Stock?
As of the end of day on the 2024-03-27, the price of an Synlogic Inc (SYBX) share was $1.78.

What is the 52-week high and low for Synlogic Inc Stock?
The 52-week high for Synlogic Inc Stock is $5.71 and the 52-week low is $0.234.

What is the market capitalization of Synlogic Inc Stock?
As of the 2024-03-27, the market capitalization of Synlogic Inc is 20.732M.

When is the next earnings date for Synlogic Inc?
The upcoming earnings date for Synlogic Inc is May 09, 2024.
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About Synlogic Inc

Synlogic Synlogic, Inc., a clinical-stage biopharmaceutical company, engages in the discovery and development of synthetic biotic medicines to treat metabolic and immunological diseases in the United States. Its therapeutic programs include SYNB1618 and SYNB1934 that are orally administered, non-systemically absorbed drug candidates, which are in Phase II clinical trials to treat phenylketonuria; SYNB1353, an orally administered, non-systemically absorbed... SYBX Profile

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