NYSEARCA:SYN - NYSE Arca - US87164U4094 - Common Stock - Currency: USD
Taking everything into account, SYN scores 0 out of 10 in our technical rating. SYN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of SYN is bad and it also does not present a 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.
1.01
We can see 4 important resistance areas.
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 | DOWN | NEGATIVE | The long term trend for SYN is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SYN is down. |
ChartMill Relative Strength | 9.45 | NEGATIVE | SYN has a low relative strength, it was outperformed by 90.55% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SYN is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SYN is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SYN is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 33.94 | NEUTRAL | The RSI value for SYN is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SYN has a positive trend. |
Stochastics (14,3) | 22.33 | NEUTRAL | The Stochastics value for SYN is a neutral value. |
Average True Range in percent/ATR (20) | 6.7 | HIGH VOLATILITY | The high ATR as a percentage value for SYN suggests high volalility. |
Average Directional Index/ADX (14) | 31.41 | POSITIVE | The high ADX value value for SYN suggests a strong trend. |
1.02
+0.01 (+0.99%)