SYNCHRONY FINANCIAL (SYF) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SYF - US87165B1035 - Common Stock
Overall SYF gets a technical rating of 9 out of 10. 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.
Although SYF has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
44.54
5 important support areas can be observed.
- A support zone ranging from 74.74 to 76.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 73.09 to 73.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @68.56 from a horizontal line in the daily time frame.
- Support @46.21 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 | 82.88 | POSITIVE | SYF has a high relative strength, it outperformed 82.88% 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) | 71.63 | OVERBOUGHT | The high RSI value suggests SYF may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.78 | POSITIVE | The MACD value suggests SYF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.27 | OVERBOUGHT | The high Stochastics value suggests SYF may be overbought. |
| Average True Range in percent/ATR (20) | 2.52 | MEDIUM VOLATILITY | The ATR as a percentage value for SYF suggests some volalility. |
| Average Directional Index/ADX (14) | 26.07 | POSITIVE | The high ADX value value for SYF suggests a strong trend. |
84.22
-1.44 (-1.68%)
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 current trend direction of SYNCHRONY FINANCIAL (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 71.626. This indicates that the stock is currently overbought.
What is the short term momentum for SYF stock?
The short term momentum for SYNCHRONY FINANCIAL (SYF) is positive.
What is the support and resistance level for SYF stock?
SYNCHRONY FINANCIAL (SYF) has a support level at 76.09. Check the full technical report for our detailed analysis of SYF support and resistance levels.