SYNCHRONY FINANCIAL (SYF) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SYF - US87165B1035 - Common Stock
Taking everything into account, SYF scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SYF is showing a nice and steady performance.
SYF has an excellent technical rating, but the quality of the setup is only medium 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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44.54
6 important support areas can be observed.
- A support zone ranging from 83.43 to 86.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 79.51 to 80.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @76.62 from a trend line in the daily time frame.
- Support @68.56 from a horizontal line in the daily time frame.
- Support @46.48 from a trend line in the weekly time frame.
- Support @44.99 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 | UP | POSITIVE | The long term trend for SYF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SYF is up. |
| ChartMill Relative Strength | 87.55 | POSITIVE | SYF has a high relative strength, it outperformed 87.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SYF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SYF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SYF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.82 | NEUTRAL | The RSI value for SYF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests SYF has a negative trend. |
| Stochastics (14,3) | 77.87 | NEUTRAL | The Stochastics value for SYF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.84 | LOW VOLATILITY | The low ATR as a percentage value for SYF suggests low volalility. |
| Average Directional Index/ADX (14) | 36.07 | POSITIVE | The high ADX value value for SYF suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 88.78 | 83.27 | 5.51 (6.21%) | 16.11% |
| An entry @88.78. This is a Buy Stop order right above the 10 day high. | An exit @83.27. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 5.51 points, which is 6.21%. | When investing 16.11% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
86.89
-0.84 (-0.96%)
SYNCHRONY FINANCIAL / SYF FAQ
What is the technical rating for SYF stock?
ChartMill assigns a technical rating of 9 / 10 to SYF.
What is the trend direction for SYF stock?
The current trend direction for SYNCHRONY FINANCIAL (SYF) is Bullish.
Can you provide the RSI signal for SYNCHRONY FINANCIAL?
SYNCHRONY FINANCIAL (SYF) has an RSI value of 62.8174. This indicates that the stock is currently neutral.
What is the short term momentum for SYF stock?
The short term momentum for SYNCHRONY FINANCIAL (SYF) is positive.
Can you provide the buy/sell signal for SYNCHRONY FINANCIAL?
The buy/sell signal for SYNCHRONY FINANCIAL (SYF) is buy as both the short term and long term trends are positive.