TD SYNNEX CORP (SNX) Technical Analysis
NYSE:SNX • US87162W1009
Current stock price
SNX Technical Rating and Analysis
Overall SNX gets a technical rating of 1 out of 10. SNX 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.
- In the last month SNX has a been trading in the 151.34 - 165.55 range, which is quite wide. It is currently trading near the lows of this range.
- SNX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SNX is performing more or less in line with the market.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the yearly performance of all stocks, we notice that SNX is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- SNX is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 51% of 124 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
SNX Weekly and Daily overview Charts
SNX Setup Rating and Analysis
Although the technical rating is bad, SNX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
SNX Support and Resistance Analysis
139.57
2 important support areas can be observed.
- Support @152.41 from a trend line in the daily time frame.
- A support zone ranging from 140.98 to 146.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 154.23 to 157.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @161.61 from a horizontal line in the daily time frame.
SNX 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 | NEUTRAL | NEUTRAL | The long term trend for SNX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SNX is down. |
| ChartMill Relative Strength | 71.3 | POSITIVE | SNX has a high relative strength, it outperformed 71.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SNX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SNX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SNX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.61 | NEUTRAL | The RSI value for SNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.52 | NEGATIVE | The MACD value suggests SNX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.19 | NEUTRAL | The Stochastics value for SNX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for SNX suggests some volalility. |
| Average Directional Index/ADX (14) | 14.18 | NEGATIVE | The low ADX value for SNX suggests a weak or negative trend. |
SNX Chart- and CandleStick Pattern Analysis
SNX Technicals: Chart, Performance Metrics, Trend & Indicators
153.06
-1.66 (-1.07%)
TD SYNNEX CORP / SNX TA FAQ
Can you provide the ChartMill technical rating for TD SYNNEX CORP?
ChartMill assigns a technical rating of 1 / 10 to SNX.
What is the trend direction for SNX stock?
The current trend direction for TD SYNNEX CORP (SNX) is Bearish.
Can you provide the RSI signal for TD SYNNEX CORP?
TD SYNNEX CORP (SNX) has an RSI value of 41.6131. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TD SYNNEX CORP?
The MACD indicator for TD SYNNEX CORP (SNX) has a value of -0.524222, indicating a bearish trend.
What is the support and resistance level for SNX stock?
TD SYNNEX CORP (SNX) has a support level at 152.41 and a resistance level at 154.23. Check the full technical report for our detailed analysis of SNX support and resistance levels.