SNYR Technical Analysis - SYNERGY CHC CORP

Technical Rating and Analysis

Taking everything into account, SNYR scores 3 out of 10 in our technical rating. In the last year, SNYR was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.

When comparing the yearly performance of all stocks, SNYR is a bad performer in the overall market: 100% of all stocks are doing better.

SNYR is one of the lesser performing stocks in the Personal Care Products industry. 94% of 36 stocks in the same industry do better.

In the last month SNYR has a been trading in the 1.95 - 2.96 range, which is quite wide. It is currently trading near the high of this range.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.

The long and short term trends are both neutral. This gives a pretty neutral overall picture!

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

SYNERGY CHC CORP / SNYR Weekly stock chart

SYNERGY CHC CORP / SNYR Daily stock chart

Setup Rating and Analysis

The technical rating of SNYR is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

2.06

3.92

When analyzing the support we can see 2 important areas.

Support @2.20 from a trend line in the daily time frame.
Support @2.08 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 3 important areas.

A resistance zone ranging from 2.70 to 2.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @3.70 from a trend line in the daily time frame.
A resistance zone ranging from 3.88 to 3.88. This zone is formed by a combination of multiple trend lines in the daily time frame.

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What is Support and Resistance

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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 SNYR is neutral.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for SNYR is neutral.
ChartMill Relative Strength	0	NEGATIVE	SNYR has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of SNYR is above the rising SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of SNYR is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of SNYR is below a declining SMA(200).
Relative Strength Index/RSI (14)	54.04	NEUTRAL	The RSI value for SNYR is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.09	POSITIVE	The MACD value suggests SNYR has a positive trend.
Stochastics (14,3)	75.14	NEUTRAL	The Stochastics value for SNYR is a neutral value.
Average True Range in percent/ATR (20)	8.44	HIGH VOLATILITY	The high ATR as a percentage value for SNYR suggests high volalility.
Average Directional Index/ADX (14)	24.06	NEUTRAL	The ADX value for SNYR suggests a possible start of a new trend.