SYNOVUS FINANCIAL CORP (SNV)

US87161C5013 - Common Stock

50.35  +0.67 (+1.35%)

After market: 50.35 0 (0%)

Technical Rating and Analysis

7

Overall SNV gets a technical rating of 7 out of 10. In the last year, SNV was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month SNV has a been trading in the 49.17 - 59.92 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Looking at the yearly performance, SNV did better than 85% of all other stocks. On top of that, SNV also shows a nice and consistent pattern of rising prices.
SNV is one of the better performing stocks in the Banks industry, it outperforms 87% of 406 stocks in the same industry.
SNV has an average volume of 1491760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
SNV is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SNV is lagging the market slightly.
Weekly and Daily overview Charts
SNV Weekly chart
SNV Daily chart
Setup Rating and Analysis

2

Although SNV has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

35.61

59.32

When analyzing the support we can see 6 important areas.

  • A support zone ranging from 49.67 to 50.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @46.78 from a trend line in the daily time frame.
  • Support @46.01 from a trend line in the weekly time frame.
  • Support @44.74 from a trend line in the daily time frame.
  • Support @40.06 from a horizontal line in the daily time frame.
  • Support @35.97 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 54.42 to 55.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @56.08 from a horizontal line in the daily time frame.
  • Resistance @58.73 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.75
Mansfield0.82
10 Day High57.12
10 Day Low49.17
20 Day High59.92
20 Day Low49.17
52 Week High59.92
52 Week Low33.44
Performance
1 Week-7.03%
2 Weeks-9.72%
1 Month-10.12%
3 Month11.89%
6 Month34.77%
12 Month33.27%
2 Year34.09%
3 Year5.18%
5 Year28.44%
10 Year85.86%
15 Year250.87%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.9
RSI(14)35.65
LBB49.73
UBB58.32
SNV Daily chart

SYNOVUS FINANCIAL CORP

NYSE:SNV (12/20/2024, 8:04:00 PM)

After market: 50.35 0 (0%)

50.35

+0.67 (+1.35%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.35%
1 Week-7.03%
2 Weeks-9.72%
1 Month-10.12%
3 Month11.89%
6 Month34.77%
12 Month33.27%
2 Year34.09%
3 Year5.18%
5 Year28.44%
10 Year85.86%
15 Year250.87%
Volatility
ATR(14)1.7
ATR(20)%3.26%
ATR Inc13.72%
Range Today1.69
ADR(20)1.58
ADR(20)%3.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.75
Mansfield0.82
10 Day High57.12
10 Day Low49.17
20 Day High59.92
20 Day Low49.17
52 Week High59.92
52 Week Low33.44
CS1 End50.34
CR1 Start54.42
Volume & EV
DER(3)1.25%
DER(5)2.68%
Volume3.96M
Volume Incr69.64%
Vol(5)1.96M
Vol(50)1.49M