SYNAPTICS INC (SYNA) Stock Technical Analysis
NASDAQ:SYNA - Nasdaq - US87157D1090 - Common Stock - Currency: USD
Overall SYNA gets a technical rating of 1 out of 10. SYNA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, SYNA is a bad performer in the overall market: 85% of all stocks are doing better.
SYNA is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry, of which 62% are performing better than SYNA.
SYNA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SYNA is lagging the market slightly.
In the last month SYNA has a been trading in the 55.56 - 66.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SYNA has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 58.85, a Stop Loss order could be placed below this zone.
More info and screens
57.36
81.31
When analyzing the support we notice one important area.
- A support zone ranging from 57.94 to 58.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 60.86 to 61.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @63.13 from a trend line in the daily time frame.
- A resistance zone ranging from 65.26 to 67.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 75.19 to 75.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @80.50 from a trend 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 | DOWN | NEGATIVE | The long term trend for SYNA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SYNA is neutral. |
| ChartMill Relative Strength | 15.58 | NEGATIVE | SYNA has a low relative strength, it was outperformed by 84.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SYNA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SYNA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SYNA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.97 | NEUTRAL | The RSI value for SYNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.6 | NEGATIVE | The MACD value suggests SYNA has a negative trend. |
| Stochastics (14,3) | 18.5 | OVERSOLD | The low Stochastics value suggests SYNA may be oversold. |
| Average True Range in percent/ATR (20) | 3.8 | MEDIUM VOLATILITY | The ATR as a percentage value for SYNA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.04 | NEGATIVE | The low ADX value for SYNA suggests a weak or negative 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)
59.63
+0.97 (+1.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg1.65%
1 Week-4.15%
2 Weeks-9.8%
1 Month7.13%
3 Month-9.84%
6 Month-25.69%
12 Month-36.37%
2 Year-30.69%
3 Year-59.74%
5 Year-6.42%
10 Year-40.15%
15 Year99.3%
Volatility
ATR(14)2.35
ATR(20)%3.8%
ATR Inc-31.39%
Range Today1.69
ADR(20)1.86
ADR(20)%3.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.58
Mansfield-2.19
10 Day High66.26
10 Day Low58.31
20 Day High66.42
20 Day Low55.57
52 Week High98
52 Week Low41.8
CS1 End58.85
CR1 Start60.86
Volume & EV
DER(3)2.72%
DER(5)1.09%
Volume397.50K
Volume Incr-11.45%
Vol(5)390.00K
Vol(50)525.93K