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Is SNDX primed for upward momentum? Bullish Engulfing shows up after gaining 4.4%

Syndax Pharmaceuticals, Inc. (SNDX) — Daily Technical Analysis & Swing Trading Signals · Aug 5, 2026, 20:12 ET
On Wednesday, August 5th, SNDX moved up 4.4% while volume increased to 1.9× the usual levels. Mixed technical signals appeared with Bullish Engulfing and Pocket Pivot suggesting upside potential, while New Downtrend and Non-ADX 1,2,3,4 Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 17.98, 16.03 & 14.87, with resistance at 21.09, 22.25 & 24.2.

Current SwingTradeBot Technical Rating of SNDX: F

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Syndax Pharmaceuticals, Inc. (SNDX)