Londinia Opportunities Analyses - 08/29/2024 (GMT) SYNAPTICS INC. - 1H

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Type:	Stocks
Ticker:	SYNA
ISIN:

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.

U.S. Stocks
Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

22%

My opinion

Bullish above 79.80 USD

My targets

82.64 USD (+2.54%)

85.28 USD (+5.82%)

My analysis

The bullish trend is currently very strong on SYNAPTICS INC.. As long as the price remains above the support at 79.80 USD, you could try to benefit from the boom. The first bullish objective is located at 82.64 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 85.28 USD as an objective. Crossing it would then enable buyers to target 88.45 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.6

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Additional analysis

Quotes

The SYNAPTICS INC. rating is 80.59 USD. The price has increased by +3.33% since the last closing and was traded between 78.04 USD and 81.67 USD over the period. The price is currently at +3.27% from its lowest and -1.32% from its highest.

78.04

81.67

80.59

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

Technical

A technical analysis in 1H of this SYNAPTICS INC. chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	73.75	77.40	79.80	80.59	85.28	88.45	90.63
Change (%)	-8.49%	-3.96%	-0.98%	-	+5.82%	+9.75%	+12.46%
Change	-6.84	-3.19	-0.79	-	+4.69	+7.86	+10.04
Level	Major	Minor	Major	-	Major	Minor	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	71.95	74.12	76.06	78.23	80.17	82.34	84.28
Camarilla	76.86	77.24	77.61	77.99	78.37	78.74	79.12
Woodie	71.83	74.06	75.94	78.17	80.05	82.28	84.16
Fibonacci	74.12	75.69	76.66	78.23	79.80	80.77	82.34

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	71.18	73.28	76.91	79.01	82.64	84.74	88.37
Camarilla	78.96	79.49	80.02	80.54	81.07	81.59	82.12
Woodie	71.95	73.66	77.68	79.39	83.41	85.12	89.14
Fibonacci	73.28	75.47	76.82	79.01	81.20	82.55	84.74

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	68.96	76.91	82.11	90.06	95.26	103.21	108.41
Camarilla	83.70	84.91	86.12	87.32	88.53	89.73	90.94
Woodie	67.60	76.22	80.75	89.37	93.90	102.52	107.05
Fibonacci	76.91	81.93	85.03	90.06	95.08	98.18	103.21

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	55.41
MACD (12,26,9):	0.3700
Directional Movement:	9.74
AROON (14):	57.15
DEMA (21):	80.00
Parabolic SAR (0,02-0,02-0,2):	77.22
Elder Ray (13):	1.07
Super Trend (3,10):	78.15
Zig ZAG (10):	80.56
VORTEX (21):	0.9500
Stochastique (14,3,5):	91.70
TEMA (21):	80.08
Williams %R (14):	-20.30
Chande Momentum Oscillator (20):	1.04
Repulse (5,40,3):	0.8900
ROCnROLL:	1
TRIX (15,9):	0.0100
Courbe Coppock:	1.48

MA7:	79.46
MA20:	75.76
MA50:	83.55
MA100:	87.05
MAexp7:	80.32
MAexp20:	79.57
MAexp50:	78.85
MAexp100:	78.38
Price / MA7:	+1.42%
Price / MA20:	+6.38%
Price / MA50:	-3.54%
Price / MA100:	-7.42%
Price / MAexp7:	+0.34%
Price / MAexp20:	+1.28%
Price / MAexp50:	+2.21%
Price / MAexp100:	+2.82%

Quotes : - 15 min delayed data - Actions NASDAQ

News

Don't forget to follow the news on SYNAPTICS INC.. At the time of publication of this analysis, the latest news was as follows: