SYNCHRONY FINANCIAL (SYF) Technical Analysis
NYSE:SYF • US87165B1035
Current stock price
SYF Technical Rating and Analysis
Taking everything into account, SYF scores 9 out of 10 in our technical rating. In the last year, SYF was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- 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 79% of all stocks. We also observe that the gains produced by SYF over the past year are nicely spread over this period.
- SYF is one of the better performing stocks in the Consumer Finance industry, it outperforms 77% of 54 stocks in the same industry.
- SYF is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- SYF has an average volume of 4026870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- SYF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SYF is lagging the market.
SYF Weekly and Daily overview Charts
SYF Setup Rating and Analysis
Besides having an excellent technical rating, SYF also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 75.11, a Stop Loss order could be placed below this zone.
More info and screens
SYF Support and Resistance Analysis
44.54
When analyzing the support we can see 4 important areas.
- A support zone ranging from 74.33 to 75.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @66.63 from a trend line in the weekly time frame.
- Support @46.64 from a trend line in the weekly time frame.
- Support @44.99 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 76.94 to 78.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
SYF 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 | 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 | 79.5 | POSITIVE | SYF has a high relative strength, it outperformed 79.5% 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) | 55.79 | NEUTRAL | The RSI value for SYF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests SYF has a negative trend. |
| Stochastics (14,3) | 52.67 | NEUTRAL | The Stochastics value for SYF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.68 | MEDIUM VOLATILITY | The ATR as a percentage value for SYF suggests some volalility. |
| Average Directional Index/ADX (14) | 24.42 | NEUTRAL | The ADX value for SYF suggests a possible start of a new trend. |
SYF Chart- and CandleStick Pattern Analysis
SYF Example Setup
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 |
|---|---|---|---|
| 76.96 | 74.81 | 2.15 (2.79%) | 25.00% |
| An entry @76.95. This is a Buy Stop order right above the 10 day moving average. | An exit @74.81. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.15 points, which is 2.79%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.70%. |
- The distance between exit and entry is rather small compared to the average daily movement of SYF. Please evaluate whether better entry and exit points can be found.
- 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.
SYF Technicals: Chart, Performance Metrics, Trend & Indicators
75.12
-1.13 (-1.48%)
SYNCHRONY FINANCIAL / SYF TA 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.
What is the RSI signal for SYF stock?
SYNCHRONY FINANCIAL (SYF) has an RSI value of 55.7933. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SYNCHRONY FINANCIAL?
The MACD indicator for SYNCHRONY FINANCIAL (SYF) has a value of -0.090201, indicating a bearish trend.
Can you provide the short term momentum for SYNCHRONY FINANCIAL?
The short term momentum for SYNCHRONY FINANCIAL (SYF) is positive.