Question 1

What implications does the 10-day RSI indicator have for SYF?

Accepted Answer

The RSI Oscillator for SYF moved out of oversold territory on August 08, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 30 similar instances when the indicator left oversold territory. In 20 of the 30 cases the stock moved higher. This puts the odds of a move higher at 0%.

Question 2

What does the Stochastic Oscillator suggest about SYF's trend?

Accepted Answer

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Question 3

How did SYF's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 16, 2024. You may want to consider a long position or call options on SYF as a result. In 61 of 86 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What is the significance of the 50-day moving average indicator for SYF?

Accepted Answer

SYF moved above its 50-day moving average on August 19, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 5

What is the significance of the 10-day moving average indicator for SYF?

Accepted Answer

The 10-day moving average for SYF crossed bearishly below the 50-day moving average on August 13, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 12 of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 0%.

Question 6

What does a 3-day price advance indicate for SYF?

Accepted Answer

Following a +3.79% 3-day Advance, the price is estimated to grow further. Considering data from situations where SYF advanced for three days, in 214 of 325 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 7

What does a 3-day decline signify for SYF's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SYF declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 8

What does SYF breaking above its upper Bollinger Band indicate?

Accepted Answer

SYF may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 9

How does the Aroon Indicator reflect on SYF's trend?

Accepted Answer

The Aroon Indicator for SYF entered a downward trend on August 14, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

SYF Stock Synchrony Financial (SYF, $43.06) price moved above its 50-day Moving Average on June 06, 2024

SYF's RSI Oscillator recovers from oversold territory

General Information