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

Syrah Resources
+ Share

The 161.8% Fibonacci extension level for SYR has moved to the upper limit. Stoploss should be positioned @$0
Fibonacci Extensions /
The 161.8% Fibonacci extension level for SYR has moved to the upper limit. Stoploss should be positioned @$0

Syrah Resources has moved above the 161.8% level ($0) [Bearish]. Look for a short limit order entry near this point. Exit price for SYR should be set @$0 & short position stoploss for Syrah Resources should be set at $0

Volume for SYR has not surpassed the volume of the previous trading session
Volume /
Volume for SYR has not surpassed the volume of the previous trading session

[BEARISH]: Syrah Resources current volume downtrend in the first timeframe. Volume for SYR is1.23045e+006 (-25.3).

Daily Volume Index /
Recent trading signals Syrah Resources is being distributed

[BEARISH]: Syrah Resources current distribution has given weakness to the share price and the continuation of bearish trading conditions.

Range Tod Vs Range Yest /
Sellers are still increasingly eager for Syrah Resources & the price range is expanding

SYR: Range today versus range yesterday Current Signal ->(1) 11 Jan: BULLISH (2) 11 Jan: BEARISH (3) 11 Jan: BEARISH

Short Trend /
SYR: Short term trend is still an Downtrend

[BEARISH]: Syrah Resources is in a downtrend in the short term timeframe. The sellers have dominated the daily trade, however further confirmation is required before taking a position

Elder Ray Index /
[Bullish]: Elder Ray Index is 0.034 indicating bull power

[BULLISH]: Syrah ResourcesElder Ray Index is signalling a Bullish movementERI is 0.034 indicating bull power. Prices are being driven above the consensus of value for SYR during the last trading session [Buying Pressure]

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Closing Price /
Weaker price performance from SYR has seen a lower close of -2.6 % [Downtrend]

[BEARISH]: Syrah Resources current downtrend in the first timeframe. Currently, the Close is $4.41.

William %R oversold signal had been maintained for Syrah Resources
Williams %R /
William %R oversold signal had been maintained for Syrah Resources

[BEARISH]: Syrah Resources is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.

Ulcer index has reduced in stress level for Syrah Resources & low drawdown is expected
Ulcer Index /
Ulcer index has reduced in stress level for Syrah Resources & low drawdown is expected

[BEARISH]: Syrah Resources UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 3.378.

Weighted Moving Average /
Weighted Moving Average(5) signal continues for Syrah Resources indicating downward price movement is likely

[BEARISH]: Syrah Resources currently has a confirmed downtrend. Recent trading has caused the WMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is -2.6%.

Average True Range /
Syrah Resources has signalled an ATR trend present [Uptrend]

[Bullish]: Average True Range has confirmed an uptrend is present. Syrah Resources has a TR of 0.2, and an ATR(14) of 0.199.

Aroon Oscillator /
Daily trading has confirmed an Aroon strong uptrend (56) for Syrah Resources

[BULLISH]: Syrah Resources has a current ARU(25) of 84 and a current ARD(25) of 28

Syrah Resources: Stoploss for short position should be set between $4.67 & $4.74
Pivot Points /
Syrah Resources: Stoploss for short position should be set between $4.67 & $4.74

Syrah Resources has broken the first support point ($4.34) [Bearish]. Look for a short limit order entry near this point. Exit price for SYR should be set @$4.27 & short position stoploss for Syrah Resources should be set between $4.67 & $4.74

Trading session closed lower on high volume for Syrah Resources [Bearish]
Ease of Movement /
Trading session closed lower on high volume for Syrah Resources [Bearish]

SYR: EOM Current Signal -> (1) 11 Jan: BEARISH HARD (2) 11 Jan: BEARISH HARD (3) 11 Jan: BEARISH HARD

Opening Price /
Strong opening from SYR has seen an increase of -3.6 % [Uptrend]

SYR: OPEN Current Signal -> (1) 11 Jan: NEUTRAL (2) 10 Jan: BEARISH (3) 09 Jan: BEARISH

Open Tod Vs Close Tod /
Syrah Resources: Sellers have taken control.

[BEARISH]: Syrah Resources opened in the middle part of daily range at 65% & closed in the lower part of the trading range at 5%. This suggests the sellers have taken control. Over the last 12 months there has been 19 trading days with the opening price in the middle shadow & the closing the price in the lower shadow giving a confirmation ratio of 7.3%. Over the last month there has been 2 trading days with the opening price in the middle price range & the closing the price in the lower price range giving a confirmation ratio of 25%.

Detrended Price Oscillator /
Syrah Resources: Detrended Price Oscillator(20) is 0.2035 [Bullish Crossover]

[BULLISH]: Syrah Resources currently has a confirmed uptrend. Price is currently above the displaced moving average for SYRCurrently, the return on DPO20 is -2.6%.

[Bearish]: Lower low has formed for SYR by -2.4 % during the last trading session
Low Price /
[Bearish]: Lower low has formed for SYR by -2.4 % during the last trading session

SYR: LOW Current Signal -> (1) 11 Jan: BEARISH (2) 10 Jan: BEARISH (3) 09 Jan: BULLISH

Syrah Resources is no longer oversold
Money Flow Index /
Syrah Resources is no longer oversold

SYR: MFI Current Signal -> (1) 11 Jan: BULLISH CROSSUNDER (2) 11 Jan: BEARISH CROSSOVER (3) 11 Jan: NEUTRAL

Average Directional Index for Syrah Resources has signalled a weak trend is active
Average Directional Movement /
Average Directional Index for Syrah Resources has signalled a weak trend is active

[Weak Trend]: ADX for SYR has confirmed a weak trend is presentSyrah Resources has an ATR(14) of 0.199, a DX of 1.25 & an ADX(14) of 24.07

High Price /
Weaker price performance from SYR has seen a lower high of -2.5 % [Downtrend]

[BEARISH]: Syrah Resources current downtrend in the first timeframe. Currently, the HIGH is -2.5 %.

Simple Moving Average /
The SMA trend following signal is still current for Syrah Resources [Bearish]

[BULLISH]: Syrah Resources currently has a confirmed uptrend. Recent trading has caused the SMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -2.6%.

Stochastic Oscillator /
Stochastic oversold signal had been maintained for Syrah Resources

SYR: Stochastic Oscillator Signal -> (1) 11 Jan: BULLISH (2) 11 Jan: BEARISH CROSSOVER (3) 11 Jan: BULLISH CROSSUNDER

Percentage Price /
Signal line is now above the EMA for Syrah Resources producing positive momentum

SYR: PPO Current Signal -> (1) 11 Jan: BULLISH CROSSOVER (2) 11 Jan: BEARISH (3) 11 Jan: BULLISH CROSSOVER

[Downtrend]: Recent trading for SYR indicates ST trend is likely to continue
Exponential Moving Average /
[Downtrend]: Recent trading for SYR indicates ST trend is likely to continue

SYR: EMA(5) Current Signal -> (1) 11 Jan: BULLISH (2) 11 Jan: BULLISH CROSSOVER (3) 11 Jan: BULLISH

Volume rate of change continues to build for Syrah Resources signalling a short term downtrend is likely
Volume Rate of Change /
Volume rate of change continues to build for Syrah Resources signalling a short term downtrend is likely

[BEARISH]: Syrah Resources currently has negative rate of change of -23%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -2.6%.

Camarilla Pivot Points /
[Short]: Entry price for SYR should be set @$4.038

Syrah Resources has broken the first Camarilla support point ($4.038) [Bearish]. Look for a short limit order entry near this point. Exit price for SYR should be set @$3.665 & short position stoploss for Syrah Resources should be set between $5.155 & $5.527

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