SYNAPTICS INC (SYNA) Stock Technical Analysis
NASDAQ:SYNA - Nasdaq - US87157D1090 - Common Stock - Currency: USD
Overall SYNA gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SYNA is only an average performer.
SYNA is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 64% of 110 stocks in the same industry do better.
The long and short term trends are both positive. This is looking good!
In the last month SYNA has a been trading in the 64.27 - 70.68 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the performance of all stocks over the past year, SYNA turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
SYNA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SYNA is lagging the market.
SYNA has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 65.67, a Stop Loss order could be placed below this zone.
More info and screens
58.07
78.95
2 important support areas can be observed.
- A support zone ranging from 64.67 to 65.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 58.66 to 58.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @67.44 from a trend line in the daily time frame.
- A resistance zone ranging from 68.71 to 70.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @75.33 from a horizontal line in the daily time frame.
- Resistance @78.17 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 | UP | POSITIVE | The long term trend for SYNA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SYNA is up. |
| ChartMill Relative Strength | 43.07 | NEUTRAL | SYNA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SYNA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SYNA is above the rising 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) | 54.94 | NEUTRAL | The RSI value for SYNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests SYNA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.46 | NEUTRAL | The Stochastics value for SYNA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for SYNA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.78 | 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)
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 |
|---|---|---|---|
| 67.45 | 64.66 | 2.79 (4.14%) | 24.18% |
| An entry @67.45. This is a Buy Stop order right above the resistance zone. | An exit @64.66. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.79 points, which is 4.14%. | For a 1.00% total portfolio risk, you can invest 24.18% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SYNA. 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.
67.41
-0.39 (-0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-0.58%
1 Week0.19%
2 Weeks2.14%
1 Month4%
3 Month14.99%
6 Month-20.6%
12 Month-10.26%
2 Year-25.36%
3 Year-53.49%
5 Year-15.76%
10 Year-15.08%
15 Year115.37%
Volatility
ATR(14)1.87
ATR(20)%3.02%
ATR Inc-5.8%
Range Today2.25
ADR(20)1.91
ADR(20)%2.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.07
Mansfield-1.15
10 Day High69.39
10 Day Low64.56
20 Day High70.68
20 Day Low64.27
52 Week High89.81
52 Week Low41.8
CS1 End65.67
CR1 Start67.44
Volume & EV
DER(3)-0.67%
DER(5)0.48%
Volume262.35K
Volume Incr-14.74%
Vol(5)293.43K
Vol(50)372.22K