Overall SYNT gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SYNT is showing a nice and steady performance.
Besides having an excellent technical rating, SYNT also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 40.97, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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27.22
3 important support areas can be observed.
- A support zone ranging from 39.65 to 40.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @37.14 from a trend line in the weekly time frame.
- Support @27.49 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 41.00 to 41.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for SYNT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SYNT is up. |
| ChartMill Relative Strength | 97.69 | POSITIVE | SYNT has a high relative strength, it outperformed 97.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SYNT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SYNT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SYNT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.24 | OVERBOUGHT | The high RSI value suggests SYNT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SYNT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.67 | NEUTRAL | The Stochastics value for SYNT is a neutral value. |
| Average True Range in percent/ATR (20) | 0.11 | LOW VOLATILITY | The low ATR as a percentage value for SYNT suggests low volalility. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 41.01 | 40.94 | 0.07 (0.17%) | 25.00% |
| An entry @41.01. This is a Buy Stop order right above the resistance zone. | An exit @40.94. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.07 points, which is 0.17%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.04%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
40.99
+0.01 (+0.02%)
Syntel, Inc. / SYNT FAQ
What is the technical rating for SYNT stock?
ChartMill assigns a technical rating of 9 / 10 to SYNT.
What is the current trend direction of Syntel, Inc. (SYNT) stock?
The current trend direction for Syntel, Inc. (SYNT) is Bullish.
What is the RSI signal for Syntel, Inc. (SYNT) stock?
Syntel, Inc. (SYNT) has an RSI value of 71.2439. This indicates that the stock is currently overbought.
What is the short term momentum for SYNT stock?
The short term momentum for Syntel, Inc. (SYNT) is positive.
What are the support and resistance levels for Syntel, Inc. (SYNT) stock?
Syntel, Inc. (SYNT) has a support level at 40.97 and a resistance level at 41. Check the full technical report for our detailed analysis of SYNT support and resistance levels.