SYNCHRONY FINANCIAL (SYF) Stock Technical Analysis
NYSE:SYF - New York Stock Exchange, Inc. - US87165B1035 - Common Stock - Currency: USD
Overall SYF gets a technical rating of 10 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.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that SYF is one of the better performing stocks in the market, outperforming 90% of all stocks.
SYF is one of the better performing stocks in the Consumer Finance industry, it outperforms 78% of 53 stocks in the same industry.
A new 52 week high is currently being made by SYF, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month SYF has a been trading in the 65.56 - 73.42 range, which is quite wide. It is currently trading near the high of this range.
SYF has an average volume of 3441790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although SYF has an excellent technical rating, it does not offer a high 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.
More info and screens
44.43
73.63
When analyzing the support we can see 4 important areas.
- A support zone ranging from 69.87 to 70.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 68.49 to 68.56. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @47.16 from a trend line in the weekly time frame.
- A support zone ranging from 44.88 to 44.99. This zone is formed by a combination of multiple trend lines 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 | 90.39 | POSITIVE | SYF has a high relative strength, it outperformed 90.39% 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) | 70.98 | OVERBOUGHT | The high RSI value suggests SYF may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests SYF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 86.19 | OVERBOUGHT | The high Stochastics value suggests SYF may be overbought. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for SYF suggests some volalility. |
| Average Directional Index/ADX (14) | 41.28 | POSITIVE | The high ADX value value for SYF suggests a strong trend. |
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)
72.9
+1.09 (+1.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg1.52%
1 Week4.08%
2 Weeks3.24%
1 Month10.74%
3 Month41.77%
6 Month3.21%
12 Month43.56%
2 Year111.06%
3 Year117.74%
5 Year229.42%
10 Year112.17%
15 YearN/A
Volatility
ATR(14)1.62
ATR(20)%2.14%
ATR Inc-3.76%
Range Today1.86
ADR(20)1.53
ADR(20)%2.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.39
Mansfield1.4
10 Day High73.42
10 Day Low67.84
20 Day High73.42
20 Day Low65.56
52 Week High73.42
52 Week Low40.55
CS1 End70.59
CR1 StartN/A
Volume & EV
DER(3)-2.83%
DER(5)-1.51%
Volume3.27M
Volume Incr38.78%
Vol(5)4.60M
Vol(50)3.44M