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.
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.
57.36
When analyzing the support we notice one important area.
When analyzing the resistance we notice 5 important 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 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. |
59.63
+0.97 (+1.65%)