SYNEOS HEALTH INC (SYNH)

US87166B1026 - Common Stock

42.98  +0.01 (+0.02%)

After market: 42.97 -0.01 (-0.02%)

Technical Rating and Analysis

7

Overall SYNH gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SYNH is only an average performer.

The long and short term trends are both positive. This is looking good!
SYNH has an average volume of 1354900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, SYNH turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
SYNH is part of the Life Sciences Tools & Services industry. There are 58 other stocks in this industry, SYNH did better than 63% of them.
SYNH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SYNH is lagging the market.
In the last month SYNH has a been trading in a tight range between 42.60 and 43.64.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
SYNH Weekly chart
SYNH Daily chart
Setup Rating and Analysis

7

Although SYNH has an excellent technical rating, the quality of the presented setup is not ideal 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.

Support and Resistance Analysis

41.10

43.42

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 42.36 to 42.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @41.52 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 42.99 to 42.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.73
Mansfield0.55
10 Day High42.99
10 Day Low42.72
20 Day High43.64
20 Day Low42.61
52 Week High52.23
52 Week Low22.89
Performance
1 Week0.47%
2 Weeks0.49%
1 Month0.7%
3 Month1.99%
6 Month20.66%
12 Month-8.84%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)72.61
LBB42.63
UBB42.95
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
43.0042.710.29 (0.67%)25.00%
An entry @43.00. This is a Buy Stop order right above the resistance zone.An exit @42.71. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.29 points, which is 0.67%.For a 0.17% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • 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.
SYNH Daily chart

SYNEOS HEALTH INC

NASDAQ:SYNH (9/27/2023, 7:00:01 PM)

After market: 42.97 -0.01 (-0.02%)

42.98

+0.01 (+0.02%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg0.02%
1 Week0.47%
2 Weeks0.49%
1 Month0.7%
3 Month1.99%
6 Month20.66%
12 Month-8.84%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.14
ATR(20)%0.3%
ATR Inc
Range Today0.02
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High42.99
10 Day Low42.72
20 Day High43.64
20 Day Low42.61
52 Week High52.23
52 Week Low22.89
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume7.39M
Volume Incr140.77%
Vol(5)2.83M
Vol(50)1.35M