SYNCHRONOSS TECHNOLOGIES INC. - Daily - Technical analysis published on 09/17/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 6.76 USD
My targets
6.16 USD (-0.16%)
5.87 USD (-4.86%)
My analysis
In the short term, we can see an acceleration in the bearish trend on SYNCHRONOSS TECHNOLOGIES INC., which is a positive signal for sellers. As long as the price remains above 6.76 USD, a sale could be considered. The first bearish objective is located at 6.16 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 5.87 USD as an objective. Crossing it would then enable sellers to target 5.49 USD. If the price were to return above 6.76 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
5.2
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SYNCHRONOSS TECHNOLOGIES INC. price is 6.17 USD. The price has increased by +2.49% since the last closing with the lowest point at 6.00 USD and the highest point at 6.22 USD. The deviation from the price is +2.83% for the low point and -0.80% for the high point.6.00
6.22
6.17
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Abnormal volumes on SYNCHRONOSS TECHNOLOGIES INC. were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Technical
A technical analysis in Daily of this SYNCHRONOSS TECHNOLOGIES INC. chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Moving Average bearish crossovers : AMA50 & AMA100
Type : Bearish
Timeframe : Daily
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 3 are neutral and 11 are bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : Daily
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.49 | 5.87 | 6.16 | 6.17 | 6.76 | 7.36 | 8.36 |
| Change (%) | -11.02% | -4.86% | -0.16% | - | +9.56% | +19.29% | +35.49% |
| Change | -0.68 | -0.30 | -0.01 | - | +0.59 | +1.19 | +2.19 |
| Level | Minor | Major | Major | - | Intermediate | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.76 | 5.87 | 5.95 | 6.06 | 6.14 | 6.25 | 6.33 |
| Camarilla | 5.97 | 5.99 | 6.00 | 6.02 | 6.04 | 6.06 | 6.07 |
| Woodie | 5.74 | 5.86 | 5.93 | 6.05 | 6.12 | 6.24 | 6.31 |
| Fibonacci | 5.87 | 5.95 | 5.99 | 6.06 | 6.14 | 6.18 | 6.25 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.10 | 5.53 | 5.77 | 6.20 | 6.44 | 6.87 | 7.11 |
| Camarilla | 5.84 | 5.90 | 5.96 | 6.02 | 6.08 | 6.14 | 6.20 |
| Woodie | 5.02 | 5.48 | 5.69 | 6.15 | 6.36 | 6.82 | 7.03 |
| Fibonacci | 5.53 | 5.78 | 5.94 | 6.20 | 6.45 | 6.61 | 6.87 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.16 | 6.96 | 7.46 | 8.25 | 8.76 | 9.55 | 10.05 |
| Camarilla | 7.60 | 7.72 | 7.84 | 7.96 | 8.08 | 8.20 | 8.32 |
| Woodie | 6.02 | 6.88 | 7.31 | 8.18 | 8.61 | 9.48 | 9.91 |
| Fibonacci | 6.96 | 7.45 | 7.76 | 8.25 | 8.75 | 9.06 | 9.55 |
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): | 26.37 | |
| MACD (12,26,9): | -0.5600 | |
| Directional Movement: | -20.09 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 6.49 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.86 | |
| Elder Ray (13): | -0.68 | |
| Super Trend (3,10): | 7.32 | |
| Zig ZAG (10): | 6.17 | |
| VORTEX (21): | 0.7600 | |
| Stochastique (14,3,5): | 4.12 | |
| TEMA (21): | 5.99 | |
| Williams %R (14): | -92.23 | |
| Chande Momentum Oscillator (20): | -1.85 | |
| Repulse (5,40,3): | -1.9900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.6400 | |
| Courbe Coppock: | 45.86 |
| MA7: | 6.18 | |
| MA20: | 7.41 | |
| MA50: | 7.82 | |
| MA100: | 7.22 | |
| MAexp7: | 6.37 | |
| MAexp20: | 7.12 | |
| MAexp50: | 7.49 | |
| MAexp100: | 7.35 | |
| Price / MA7: | -0.16% | |
| Price / MA20: | -16.73% | |
| Price / MA50: | -21.10% | |
| Price / MA100: | -14.54% | |
| Price / MAexp7: | -3.14% | |
| Price / MAexp20: | -13.34% | |
| Price / MAexp50: | -17.62% | |
| Price / MAexp100: | -16.05% |
News
The latest news and videos published on SYNCHRONOSS TECHNOLOGIES INC. at the time of the analysis were as follows:
- AT&T and Synchronoss Simplify Building Management for Businesses
- Renewable Energy Group Set to Join S&P SmallCap 600
- Affiliates of Siris Capital Group, LLC Enter into Agreements to Acquire Intralinks and Make Preferred Equity Investment in Synchronoss Technologies, Inc.
- SYNCHRONOSS (SNCR) ALERT: Johnson Fistel Announces Investigation of Synchronoss Technologies, Inc.; Long-Term Investors Encouraged to Contact the Firm
- Faruqi & Faruqi, LLP is Investigating Synchronoss Technologies, Inc. (SNCR) on Behalf of its Shareholders
This member declared not having a position on this financial instrument or a related financial instrument.
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