SYNOVUS FINANCIAL CORP (SNV) Stock Technical Analysis
NYSE:SNV - New York Stock Exchange, Inc. - US87161C5013 - Common Stock - Currency: USD
Taking everything into account, SNV scores 1 out of 10 in our technical rating. SNV has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
SNV is part of the Banks industry. There are 398 other stocks in this industry, of which 72% are performing better than SNV.
SNV is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
SNV has an average volume of 1789230 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 52% of all stocks.
In the last month SNV has a been trading in the 35.94 - 48.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SNV has a bad technical rating, but it does show a decent setup pattern. 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 43.33. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 38.82, a Stop Loss order could be placed below this zone.
More info and screens
37.88
56.63
When analyzing the support we notice one important area.
- A support zone ranging from 38.26 to 38.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 43.33 to 43.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @45.04 from a trend line in the daily time frame.
- Resistance @56.07 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.25
Mansfield-0.37
10 Day High44.77
10 Day Low37.94
20 Day High48.54
20 Day Low35.94
52 Week High59.92
52 Week Low35.74
Performance
1 Week6.91%
2 Weeks1.17%
1 Month-10.4%
3 Month-21.69%
6 Month-10.83%
12 Month17.56%
2 Year40.65%
3 Year4.29%
5 Year106.19%
10 Year56.62%
15 Year105.6%
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)
Technical Indicators
MACD(12,26,9)0.53
RSI(14)50.23
LBB37.42
UBB43.66
43.32
+0.85 (+2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2%
1 Week6.91%
2 Weeks1.17%
1 Month-10.4%
3 Month-21.69%
6 Month-10.83%
12 Month17.56%
2 Year40.65%
3 Year4.29%
5 Year106.19%
10 Year56.62%
15 Year105.6%
Volatility
ATR(14)2.77
ATR(20)%6.2%
ATR Inc-25.39%
Range Today1.36
ADR(20)2.33
ADR(20)%5.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.25
Mansfield-0.37
10 Day High44.77
10 Day Low37.94
20 Day High48.54
20 Day Low35.94
52 Week High59.92
52 Week Low35.74
CS1 End38.82
CR1 Start43.33
Volume & EV
DER(3)0.15%
DER(5)0.48%
Volume1.10M
Volume Incr-34.92%
Vol(5)1.53M
Vol(50)1.79M