SYNOVUS FINANCIAL CORP (SNV) Stock Technical Analysis
USA - NYSE:SNV - US87161C5013 - Common Stock
50.64 USD
-1.09 (-2.11%)
50.64 USD
0 (0%)
Overall SNV gets a technical rating of 5 out of 10. In the last year, SNV was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
SNV has an average volume of 2342580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, SNV turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
SNV is an average performer in the Banks industry, it outperforms 48% of 392 stocks in the same industry.
SNV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SNV is lagging the market.
In the last month SNV has a been trading in the 48.82 - 53.03 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SNV has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 50.46, a Stop Loss order could be placed below this zone.
More info and screens
42.10
58.21
We found 3 important support areas.
- A support zone ranging from 49.69 to 50.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 46.54 to 46.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @42.53 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 50.93 to 52.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @56.42 from a horizontal line in the weekly time frame.
- Resistance @57.63 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for SNV is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SNV is neutral. |
| ChartMill Relative Strength | 58.34 | NEUTRAL | SNV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SNV is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SNV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SNV is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.44 | NEUTRAL | The RSI value for SNV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SNV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 48.5 | NEUTRAL | The Stochastics value for SNV is a neutral value. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for SNV suggests some volalility. |
| Average Directional Index/ADX (14) | 16.66 | NEGATIVE | The low ADX value for SNV suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
50.64
-1.09 (-2.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.11%
1 Week-2.33%
2 Weeks-1.88%
1 Month2.34%
3 Month3.86%
6 Month6.75%
12 Month12.53%
2 Year82.16%
3 Year35%
5 Year139.21%
10 Year71.08%
15 Year194.08%
Volatility
ATR(14)1.17
ATR(20)%2.22%
ATR Inc-11.7%
Range Today1.45
ADR(20)1.1
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.34
Mansfield-0.87
10 Day High53.03
10 Day Low50.06
20 Day High53.03
20 Day Low48.82
52 Week High61.06
52 Week Low35.94
CS1 End50.46
CR1 Start50.93
Volume & EV
DER(3)-1.74%
DER(5)-3.72%
Volume1.92M
Volume Incr6.5%
Vol(5)1.74M
Vol(50)2.34M