Technical analysis from Syrah Resources (SYR.AX, ASX:SYR.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Syrah Resources
+ Share

[Bearish]: SMA(5) is serving as a resistance line for Syrah Resources
Simple Moving Average /
[Bearish]: SMA(5) is serving as a resistance line for Syrah Resources

[BEARISH]: Syrah Resources currently has a confirmed downtrend. Recent trading has caused the SMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -2.1%.

Volume /
Syrah Resources has reached a new volume high of 1.60495e+006 (38.4)

[BULLISH]: Syrah Resources current volume uptrend in the first timeframe. Volume for SYR is 1.60495e+006 (38.4).

Average True Range /
Daily trading has confirmed an ATR uptrend (0.122) for Syrah Resources

[Bullish]: Average True Range has confirmed an uptrend is present. Syrah Resources has a TR of 0.15, and an ATR(14) of 0.122.

Price Range /
Volatile price performance from SYR has seen a range of 0.11 [Uptrend]

[BULLISH]: Syrah Resources current uptrend in the first timeframe. Currently, the Range is $0.11.

Percentage Volume /
Syrah Resources: Percentage Volume Oscillator @8.17 [Bullish]

[BULLISH]: Syrah Resources currently has positive PVO 8.17%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is -10.9%.

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Average Directional Movement /
SYR: Average Directional Index has confirmed a weak trend @20.96

[Weak Trend]: ADX for SYR has confirmed a weak trend is present. Syrah Resources has an ATR(14) of 0.122, a DX of 38.97 & an ADX(14) of 20.96

Daily trading has increased the bear power to drive prices for Syrah Resources
Elder Ray Index /
Daily trading has increased the bear power to drive prices for Syrah Resources

SYR: Elder Ray Index Current Signal -> (1) 19 Jun: BEARISH (2) 18 Jun: BEARISH (3) 15 Jun: BEARISH

Syrah Resources: Ease of Movement(-0.685)
Ease of Movement /
Syrah Resources: Ease of Movement(-0.685)

[BEARISH]: Syrah Resources current price have moved downwards on high volume. Currently, the Ease of Movement is -0.685

Chaikin Money Flow /
CMF showing selling pressure & potential change in direction for SYR

[BEARISH]: Syrah Resources current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.16. SYR received a confirmed CMF crossover days on the May 7 2018. The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.23 occurring on the May 7 2018.

Demarks Pivot Points /
DeMark pivot point for SYR is bearish. Stoploss should be positioned @$2.805

Syrah Resources has broken the first DeMark support point ($2.7325) [Bearish]. Look for a short limit order entry near this point. Exit price for SYR should be set @$2.6950 & short position stoploss for Syrah Resources should be set at $2.805

Aroon Oscillator /
Syrah Resources: Aroon oscillator (-72) has confirmed a strong downtrend is present

[BEARISH]: Syrah Resources has a current ARU(25) of 28 and a current ARD(25) of 100

Syrah Resources: MACD oscillator (-0.0419)
MACD /
Syrah Resources: MACD oscillator (-0.0419)

[BEARISH]: Syrah Resources currently has negative MACD of -0.0419. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is -13.9%.

Oversold MFI signal for Syrah Resources @ 18.43
Money Flow Index /
Oversold MFI signal for Syrah Resources @ 18.43

SYR: MFI Current Signal -> (1) 19 Jun: BEARISH (2) 18 Jun: BEARISH (3) 15 Jun: BEARISH CROSSOVER

Triangular Moving Average /
Syrah Resources: Triangular Moving Average(5) (2.849)

[BEARISH]: Syrah Resources currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -2.1%.

On Balance Volume /
OBV: Distribution still active for Syrah Resources

[BEARISH]: Syrah Resources current price has highlighted recent distribution. Currently, the OBV is -1.81281e+007.

Volume Rate of Change /
14-day volume rate of change is increasing for Syrah Resources

[BULLISH]: Syrah Resources currently has positive volume of change of 67%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -2.1%.

[Bearish]: Syrah Resources has failed beat previous low by -4.7 %
Low Price /
[Bearish]: Syrah Resources has failed beat previous low by -4.7 %

[BULLISH]: Syrah Resources current downtrend in the first timeframe. Currently, the Low is $2.66 (-4.7 %).

[Bearish]: Opening performance for SYR of -2.5 % was achieved in last trading session
Opening Price /
[Bearish]: Opening performance for SYR of -2.5 % was achieved in last trading session

[BEARISH]: Syrah Resources opening price has gapped down. Currently, the OPEN is $2.75 (-2.5 %).

Negative momentum: Price is trading lower for Syrah Resources than 5 days ago
Momentum /
Negative momentum: Price is trading lower for Syrah Resources than 5 days ago

[BEARISH]: Syrah Resources currently has negative momentum of -0.07 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is -2.1%.The largest downward momentum rally for the last 3 months is 18 days producing a return of -20.3%.

Elders Force Index /
Recent trading highlights continued selling pressure is present for SYR

[BEARISH]: Syrah Resources current price has highlighted recent selling pressure. Currently, the Elders Force Index is -91682.

MACD Volume /
The Volume MACD for SYR is losing momentum through a fall on the short term EMA

[BEARISH CROSSOVER]: Syrah Resources currently has negative Volume MACD of -12154. This means the signal line is less than the Volume MACD line signalling a bearish movement.

Open Tod Vs Close Tod /
SYR: Over the last 12 months there has been 8 trading days with the opening price in the upper shadow & the closing the price in the upper shadow

[BULLISH]: Syrah Resources opened in the upper part of daily range at 81.8% & closed in the upper part of the trading range at 81.8%. This suggests the sellers have lost control. Over the last 12 months there has been 8 trading days with the opening price in the upper shadow & the closing the price in the upper shadow giving a confirmation ratio of 3%. Over the last month there has been 1 trading days with the opening price in the upper price range & the closing the price in the upper price range giving a confirmation ratio of 8.3%.

Close Tod Vs Range Tod /
Syrah Resources closed in the upper part of daily range at 81.8%.

SYR: Close versus price range Current Signal ->(1) 19 Jun: BULLISH (2) 18 Jun: NEUTRAL (3) 15 Jun: NEUTRAL

Syrah Resources is being actively distributed
Accumulation / Distribution /
Syrah Resources is being actively distributed

[BEARISH]: Syrah Resources current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -9.53534e+006.

Price is now trading below the Sine Weighted Moving Average(5) for SYR
Sine Weighted Moving Average /
Price is now trading below the Sine Weighted Moving Average(5) for SYR

SYR: SWMA Recent Trading -> (1) 19 Jun: 2.779 (2) 18 Jun: 2.785 (3) 15 Jun: 2.815

Percentage Price /
PPO: The shorter moving average for SYR is still below the longer term moving average

[BEARISH]: Syrah Resources currently has negative PPO -4.254%. This means the current price is losing momentum through a fall on the short term exponential moving average.

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