Syngenta Technical Analysis (NYSE:SYT)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The Syngenta stock price data and volume are plotted in SYT stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Syngenta. Technical analysis uses an approach for Syngenta stock analysis that does not care for the fair value of a company but uses price and volume data only.
Syngenta Moving Average
Moving averages help predict the price direction of SYT stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $92.65 is below the price of $92.9.
Syngenta Bollinger Bands
Bollinger bands comprise of a center line usually SYT SMA, and two SYT stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Syngenta bollinger bands show that the stock price is $92.9, upper band is 93.06, lower band is 92.25, and the average is 92.65.
Syngenta Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Syngenta MACD indicator is below 0 indicating a bearish trend.
Syngenta Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. The relative strength index of SYT stock is 81.71.