Syntel, Inc. (SYNT) Technical Analysis
NASDAQ:SYNT • US87162H1032
Current stock price
SYNT Technical Rating and Analysis
Taking everything into account, SYNT scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, SYNT has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, SYNT did better than 97% of all other stocks. We also observe that the gains produced by SYNT over the past year are nicely spread over this period.
- SYNT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month SYNT has a been trading in a tight range between 40.91 and 41.06.
SYNT Weekly and Daily overview Charts
SYNT Setup Rating and Analysis
SYNT has an excellent technical rating and also presents 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 40.97, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
SYNT Support and Resistance Analysis
27.22
3 important support areas can be observed.
- A support zone ranging from 39.65 to 40.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @37.14 from a trend line in the weekly time frame.
- Support @27.49 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 41.00 to 41.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
SYNT Technical Indicator Signal Analysis
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 SYNT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SYNT is up. |
| ChartMill Relative Strength | 97.69 | POSITIVE | SYNT has a high relative strength, it outperformed 97.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SYNT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SYNT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SYNT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.24 | OVERBOUGHT | The high RSI value suggests SYNT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SYNT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.67 | NEUTRAL | The Stochastics value for SYNT is a neutral value. |
| Average True Range in percent/ATR (20) | 0.11 | LOW VOLATILITY | The low ATR as a percentage value for SYNT suggests low volalility. |
SYNT Chart- and CandleStick Pattern Analysis
SYNT 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 41.01 | 40.94 | 0.07 (0.17%) | 25.00% |
| An entry @41.01. This is a Buy Stop order right above the resistance zone. | An exit @40.94. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.07 points, which is 0.17%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.04%. |
- 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.
SYNT Technicals: Chart, Performance Metrics, Trend & Indicators
40.99
+0.01 (+0.02%)
Syntel, Inc. / SYNT TA FAQ
What is the technical rating for SYNT stock?
ChartMill assigns a technical rating of 9 / 10 to SYNT.
Can you provide the trend direction for Syntel, Inc.?
The current trend direction for Syntel, Inc. (SYNT) is Bullish.
Can you provide the RSI signal for Syntel, Inc.?
Syntel, Inc. (SYNT) has an RSI value of 71.2439. This indicates that the stock is currently overbought.
What is the buy/sell signal for SYNT stock?
The buy/sell signal for Syntel, Inc. (SYNT) is buy as both the short term and long term trends are positive.
What is the support and resistance level for SYNT stock?
Syntel, Inc. (SYNT) has a support level at 40.97 and a resistance level at 41. Check the full technical report for our detailed analysis of SYNT support and resistance levels.