SYNOVUS FINANCIAL CORP (SNV) Technical Analysis
NYSE:SNV • US87161C5013
Current stock price
SNV Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to SNV. Although SNV is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- When comparing the yearly performance of all stocks, SNV is a bad performer in the overall market: 68% of all stocks are doing better.
- SNV is one of the lesser performing stocks in the Banks industry. 83% of 376 stocks in the same industry do better.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- SNV has an average volume of 1112120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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 48.57 - 53.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
SNV Weekly and Daily overview Charts
SNV Setup Rating and Analysis
SNV has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
SNV Support and Resistance Analysis
40.52
3 important support areas can be observed.
- A support zone ranging from 45.83 to 46.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 44.05 to 44.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @40.93 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 51.93 to 53.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @54.41 from a trend line in the weekly time frame.
- Resistance @56.42 from a horizontal line in the weekly time frame.
SNV Technical Indicator Signal Analysis
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 | 32.03 | 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) | UP | POSITIVE | The current price of SNV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SNV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.54 | NEUTRAL | The RSI value for SNV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.41 | NEGATIVE | The MACD value suggests SNV has a negative trend. |
| Stochastics (14,3) | 18.73 | OVERSOLD | The low Stochastics value suggests SNV may be oversold. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for SNV suggests some volalility. |
| Average Directional Index/ADX (14) | 36.33 | POSITIVE | The high ADX value value for SNV suggests a strong trend. |
SNV Chart- and CandleStick Pattern Analysis
SNV Technicals: Chart, Performance Metrics, Trend & Indicators
50.05
-1.28 (-2.49%)
SYNOVUS FINANCIAL CORP / SNV TA FAQ
What is the ChartMill technical rating of SYNOVUS FINANCIAL CORP (SNV) stock?
ChartMill assigns a technical rating of 6 / 10 to SNV.
What is the current trend direction of SYNOVUS FINANCIAL CORP (SNV) stock?
The current trend direction for SYNOVUS FINANCIAL CORP (SNV) is Bullish.
What is the RSI signal for SYNOVUS FINANCIAL CORP (SNV) stock?
SYNOVUS FINANCIAL CORP (SNV) has an RSI value of 44.5383. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SYNOVUS FINANCIAL CORP?
The MACD indicator for SYNOVUS FINANCIAL CORP (SNV) has a value of -0.407186, indicating a bearish trend.
Can you provide the short term momentum for SYNOVUS FINANCIAL CORP?
The short term momentum for SYNOVUS FINANCIAL CORP (SNV) is neutral.