SYNAPTICS Inc (SYNA): Price Now Near $168.18; Daily Chart Shows An Uptrend on 100 Day Basis

The Hourly View for SYNA

At the moment, SYNA (Get Ratings)’s price is up $1.24 (0.74%) from the hour prior. This move is a reversal from the hour prior, which saw price move down. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

SYNA ranks 48th in terms of today’s price percentage change out of Electronic Equipment stocks.

SYNA’s Technical Outlook on the Daily Chart

At the moment, SYNA’s price is up $0.44 (0.26%) from the day prior. This is a reversal of the price action on the previous day, in which price moved down. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 20 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. The chart below shows SYNA’s price action over the past 90 days.

SYNA

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SYNA: Daily RSI Analysis

  • SYNA’s RSI now stands at 7.8222.
  • SYNA and RSI may be exhibiting divergent trends. This may be something to monitor.

For SYNA News Traders

News traders keeping an eye on SYNA may find value in this recent story:

Synaptics (SYNA) Soars to 52-Week High, Time to Cash Out?

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