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Archive - 5/23/2025 - Sign In to see current Signals. |
Synchrony Financial (SYF) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the Synchrony Financial (SYF). During the week, the SYF dropped -4.06 points, or -6.68%, and closed at 56.74 on Friday, May 23, 2025. Weekly volume was -22% below average. SYF is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See SYF long-term trend chart] A long-term uptrend had started on March 18, 2020 at 12.15 and reached 70.93 on January 23, 2025. SYF gained -58.78 points, or -483.79%, in 253 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (38.93) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See SYF medium-term trend chart] A medium-term uptrend had started on May 4, 2023 at 26.59 and reached 70.93 on January 23, 2025. SYF gained -44.34 points, or -166.75%, in 90 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 29.66 and resistance is at 78.56. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See SYF weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since February 7, 2025. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
Short-term trend: [See SYF short-term trend chart] A short-term downtrend had started on May 13, 2025 at 61.65 and reached 55.67 on May 23, 2025. SYF lost 5.98 points, or 9.70%, in 10 days. The price is now at the 17.89% retracement level.
Daily Technical Indicators: [See SYF daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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