SYNAPTICS INC (SYNA) Stock Technical Analysis
NASDAQ:SYNA - Nasdaq - US87157D1090 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to SYNA. In the last year, SYNA was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, SYNA is a bad performer in the overall market: 77% of all stocks are doing better.
SYNA is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 66% of 110 stocks in the same industry do better.
In the last month SYNA has a been trading in the 63.63 - 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.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
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 only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 65.67, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
58.07
76.08
When analyzing the support we can see 2 important areas.
- Support @65.67 from a horizontal line in the daily time frame.
- 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 2 important areas.
- A resistance zone ranging from 66.50 to 70.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @75.33 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for SYNA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SYNA is neutral. |
| ChartMill Relative Strength | 23.28 | NEGATIVE | SYNA has a low relative strength, it was outperformed by 76.72% 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) | 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) | 51.56 | NEUTRAL | The RSI value for SYNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests SYNA has a negative trend. |
| Stochastics (14,3) | 33.93 | NEUTRAL | The Stochastics value for SYNA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for SYNA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.5 | 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)
66.45
+0.23 (+0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg0.35%
1 Week0.35%
2 Weeks-2.72%
1 Month1.25%
3 Month17.01%
6 Month-20.29%
12 Month-25.02%
2 Year-26.42%
3 Year-54.16%
5 Year-16.96%
10 Year-16.29%
15 Year112.3%
Volatility
ATR(14)1.95
ATR(20)%3.05%
ATR Inc-40.57%
Range Today0.98
ADR(20)1.93
ADR(20)%2.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.28
Mansfield-1.35
10 Day High68.99
10 Day Low64.56
20 Day High70.68
20 Day Low63.63
52 Week High90.58
52 Week Low41.8
CS1 End65.67
CR1 Start66.5
Volume & EV
DER(3)0.32%
DER(5)-0.97%
Volume230.00K
Volume Incr-5.26%
Vol(5)324.82K
Vol(50)373.45K