SYNCHRONY FINANCIAL
SYNCHRONY FINANCIAL
- USD (-)
- 15 min delayed data - NYSE Stocks
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Volume: -
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Type: Stocks
Ticker: SYF
ISIN:

SYNCHRONY FINANCIAL - Daily - Technical analysis published on 10/22/2019 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 34.17 USD
My targets
35.24 USD (+0.51%)
36.60 USD (+4.39%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SYNCHRONY FINANCIAL as long as the price remains well above 34.17 USD. The buyers” bullish objective is set at 35.24 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 36.60 USD. If there is any crossing, the next objective would be the resistance located at 37.93 USD.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
7

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The SYNCHRONY FINANCIAL price is 35.06 USD. The price has increased by +2.25% since the last closing and was between 34.56 USD and 35.12 USD. This implies that the price is at +1.45% from its lowest and at -0.17% from its highest.

34.56
35.12
35.06

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this SYNCHRONY FINANCIAL chart shows a bullish trend. 75% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily



In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily


MACD indicator is back over 0

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily


Horizontal resistance is broken

Type : Bullish

Timeframe : Daily



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 31.38 33.30 34.17 35.06 35.24 36.60 37.93
Change (%) -10.50% -5.02% -2.54% - +0.51% +4.39% +8.19%
Change -3.68 -1.76 -0.89 - +0.18 +1.54 +2.87
Level Major Intermediate Minor - Major Minor Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard32.7733.3433.8134.3834.8535.4235.89
Camarilla34.0034.1034.2034.2934.3934.4834.58
Woodie32.7333.3233.7734.3634.8135.4035.85
Fibonacci33.3433.7333.9834.3834.7735.0235.42


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard31.0131.9233.1134.0235.2136.1237.31
Camarilla33.7133.9134.1034.2934.4834.6834.87
Woodie31.1431.9933.2434.0935.3436.1937.44
Fibonacci31.9232.7333.2234.0234.8335.3236.12


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard29.1930.3432.2133.3635.2436.3838.26
Camarilla33.2633.5433.8134.0934.3734.6434.92
Woodie29.5530.5232.5833.5435.6036.5738.63
Fibonacci30.3431.4932.2033.3634.5135.2336.38

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 64.75
MACD (12,26,9): 0.2000
Directional Movement: 13.49
AROON (14): 64.29
DEMA (21): 33.58
Parabolic SAR (0,02-0,02-0,2): 31.97
Elder Ray (13): 1.28
Super Trend (3,10): 32.49
Zig ZAG (10): 35.06
VORTEX (21): 0.9900
Stochastique (14,3,5): 88.30
TEMA (21): 33.91
Williams %R (14): -1.61
Chande Momentum Oscillator (20): 2.81
Repulse (5,40,3): 1.0600
ROCnROLL: 1
TRIX (15,9): -0.0300
Courbe Coppock: 2.65
MA7: 33.81
MA20: 33.21
MA50: 33.18
MA100: 33.95
MAexp7: 33.93
MAexp20: 33.43
MAexp50: 33.48
MAexp100: 33.42
Price / MA7: +3.70%
Price / MA20: +5.57%
Price / MA50: +5.67%
Price / MA100: +3.27%
Price / MAexp7: +3.33%
Price / MAexp20: +4.88%
Price / MAexp50: +4.72%
Price / MAexp100: +4.91%

This member declared not having a position on this financial instrument or a related financial instrument.

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