Question 1

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

Accepted Answer

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where SYNA's RSI Indicator exited the oversold zone, 20 of 24 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 2

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

Accepted Answer

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

Question 3

How did SYNA'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 SYNA as a result. In 76 of 97 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 does MACD indicator imply for SYNA?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for SYNA just turned positive on August 16, 2024. Looking at past instances where SYNA's MACD turned positive, the stock continued to rise in 34 of 40 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

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

Accepted Answer

The 10-day moving average for SYNA crossed bearishly below the 50-day moving average on July 29, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 11 of 17 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 SYNA?

Accepted Answer

Following a +6.78% 3-day Advance, the price is estimated to grow further. Considering data from situations where SYNA advanced for three days, in 232 of 298 cases, the price rose further within the following month. The odds of a continued upward trend are 78%.

Question 7

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

Accepted Answer

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where SYNA declined for three days, in 222 of 289 cases, the price declined further within the following month. The odds of a continued downward trend are 77%.

Question 8

What does SYNA breaking above its upper Bollinger Band indicate?

Accepted Answer

SYNA 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 SYNA's trend?

Accepted Answer

The Aroon Indicator for SYNA entered a downward trend on August 19, 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.

SYNA Stock Synaptics (SYNA, $91.47) entered a bearish trend. Expect a Downtrend continuation

SYNA in -5.80% downward trend, sliding for three consecutive days on August 07, 2024

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