SYNOVUS FINANCIAL CORP (SNV) Stock Technical Analysis
USA - NYSE:SNV - US87161C5013 - Common Stock
We assign a technical rating of 0 out of 10 to SNV. SNV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, SNV does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 47.22. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 45.22, a Stop Loss order could be placed below this zone.
More info and screens
40.05
We found 2 important support areas.
- A support zone ranging from 44.05 to 45.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @40.45 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 47.22 to 47.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 51.74 to 52.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @56.42 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 | DOWN | NEGATIVE | The long term trend for SNV is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SNV is neutral. |
| ChartMill Relative Strength | 19.54 | NEGATIVE | SNV has a low relative strength, it was outperformed by 80.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SNV is above a declining 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 | NEGATIVE | The current price of SNV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.46 | NEUTRAL | The RSI value for SNV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests SNV has a positive trend. |
| Stochastics (14,3) | 78.23 | NEUTRAL | The Stochastics value for SNV is a neutral value. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for SNV suggests some volalility. |
| Average Directional Index/ADX (14) | 20.26 | NEUTRAL | The ADX value for SNV suggests a possible start of a new trend. |
46.39
+0.5 (+1.09%)
SYNOVUS FINANCIAL CORP / SNV FAQ
What is the ChartMill technical rating of SYNOVUS FINANCIAL CORP (SNV) stock?
ChartMill assigns a technical rating of 0 / 10 to SNV.
What is the trend direction for SNV stock?
The current trend direction for SYNOVUS FINANCIAL CORP (SNV) is Bearish.
What is the RSI signal for SNV stock?
SYNOVUS FINANCIAL CORP (SNV) has an RSI value of 52.4639. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SYNOVUS FINANCIAL CORP?
The short term momentum for SYNOVUS FINANCIAL CORP (SNV) is neutral.