SYNAPTICS INC (SYNA) Stock Technical Analysis
NASDAQ:SYNA - Nasdaq - US87157D1090 - Common Stock - Currency: USD
Overall SYNA gets a technical rating of 2 out of 10. SYNA'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 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 one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 64% of 110 stocks in the same industry do better.
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 53.17 - 66.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of SYNA 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.
More info and screens
57.47
81.31
When analyzing the support we notice one important area.
- A support zone ranging from 58.05 to 58.65. 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 4 important areas.
- A resistance zone ranging from 62.61 to 63.43. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 15.2 | NEGATIVE | SYNA has a low relative strength, it was outperformed by 84.8% 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) | 46.4 | NEUTRAL | The RSI value for SYNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.56 | NEGATIVE | The MACD value suggests SYNA has a negative trend. |
| Stochastics (14,3) | 21.26 | NEUTRAL | The Stochastics value for SYNA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.95 | MEDIUM VOLATILITY | The ATR as a percentage value for SYNA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.91 | 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)
58.66
-1.52 (-2.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-2.53%
1 Week-9.75%
2 Weeks-10.99%
1 Month6.6%
3 Month-11.31%
6 Month-26.89%
12 Month-37.4%
2 Year-31.82%
3 Year-60.4%
5 Year-7.94%
10 Year-41.13%
15 Year96.06%
Volatility
ATR(14)2.47
ATR(20)%3.95%
ATR Inc-24.05%
Range Today1.7
ADR(20)1.91
ADR(20)%3.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.2
Mansfield-2.29
10 Day High66.37
10 Day Low58.33
20 Day High66.42
20 Day Low53.17
52 Week High98
52 Week Low41.8
CS1 End58.65
CR1 Start62.61
Volume & EV
DER(3)2.11%
DER(5)0.09%
Volume494.80K
Volume Incr-9.24%
Vol(5)406.54K
Vol(50)525.53K