Synaptics Technical Analysis (NASDAQ:SYNA)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. Just by looking at the Synaptics stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the SYNA stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Synaptics. The technical analysis form of Synaptics stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Synaptics Moving Average
Moving averages show the SYNA stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $44.27 is below the price of $46.59.
Synaptics Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the SYNA stock. The stock price is trading between the average and the upper band in the context of Synaptics bollinger bands.
Synaptics Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Synaptics MACD indicator can be used to identify bullish and bearish trends for the stock.
Synaptics Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of SYNA stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.