SYNCHRONY FINANCIAL (SYF) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:SYF • US87165B1035
Overall SYF gets a technical rating of 2 out of 10. SYF has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month SYF has a been trading in the 71.86 - 88.77 range, which is quite wide. It is currently trading near the lows of this range.
- SYF has an average volume of 4027240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the performance of all stocks over the past year, SYF turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
- SYF is an average performer in the Consumer Finance industry, it outperforms 58% of 54 stocks in the same industry.
- 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.
- Volume is considerably higher in the last couple of days.
SYF has a poor technical rating and the quality of the setup is also not perfect 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
When analyzing the support we can see 3 important areas.
- A support zone ranging from 68.02 to 68.56. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @46.68 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 78.76 to 80.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 SYF is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SYF is down. |
| ChartMill Relative Strength | 46.42 | NEUTRAL | SYF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SYF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SYF is below 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) | 33.27 | NEUTRAL | The RSI value for SYF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.9 | NEGATIVE | The MACD value suggests SYF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.72 | OVERSOLD | The low Stochastics value suggests SYF may be oversold. |
| Average True Range in percent/ATR (20) | 3.79 | MEDIUM VOLATILITY | The ATR as a percentage value for SYF suggests some volalility. |
| Average Directional Index/ADX (14) | 33.04 | POSITIVE | The high ADX value value for SYF suggests a strong trend. |
72.63
-0.74 (-1.01%)
SYNCHRONY FINANCIAL / SYF FAQ
What is the technical rating for SYF stock?
ChartMill assigns a technical rating of 2 / 10 to SYF.
What is the trend direction for SYF stock?
The current trend direction for SYNCHRONY FINANCIAL (SYF) is Bearish.
Can you provide the RSI signal for SYNCHRONY FINANCIAL?
SYNCHRONY FINANCIAL (SYF) has an RSI value of 33.273. 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 negative.