SYM is fresh off a 52-week peak
Semiconductor and quantum computing stocks have been all the rage lately, but robotics is another tech-adjacent sector savvy traders should consider. Boasting attractive entry points, shares of NXG Cushing Midstream Energy Fund (NYSE:SRV) and Symbotic Inc (NASDAQ:SYM) are worth watching during the coming months.
SRV was last seen up 1.7% to trade at $42.23, while sporting a roughly 7% three-month lead. Though the stock is pacing for its third gain in the last four sessions, it has remained below $43 since its April 7 pullback to 2025 lows. Shares still have support from the ascending 40-day moving average, however.
SYM is down 1.3% to trade at $52.31, on track for its third-straight loss. The security is taking a breather from its July 24, 52-week high of $55.44, but boasts long-term support from the ascending 20-day moving average and now sports a healthy 137.4% three-month lead.
Digging deeper into SYM, at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) its 50-day put/call volume ratio of 2.57 sits higher than 92% of readings from the past year. This suggests an unwinding of pessimism could further boost the shares.