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: Daily RSI Analysis
For SYNA News Traders
News traders keeping an eye on SYNA may find value in this recent story:
Synaptics (SYNA) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company’s fundamentals for clues.
Want More Great Investing Ideas?