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Archive - 6/5/2026 - 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 gave back -0.60 points, or -0.84%, and closed at 70.84 on Friday, June 5, 2026. Weekly volume was -9% 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 May 4, 2023 at 26.59 and reached 88.77 on January 9, 2026. SYF gained -62.18 points, or -233.85%, in 140 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 49.01 and resistance is at 96.22. 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See SYF medium-term trend chart] A medium-term uptrend had started on March 12, 2026 at 63.08 and reached 80.22 on April 21, 2026. SYF gained -17.14 points, or -27.17%, in 5 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 69.52 and resistance is at 71.49. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle 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 May 15, 2026. The distance between MACD and the signal line is low, but getting bigger. 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 April 21, 2026 at 80.22 and reached 68.32 on May 20, 2026. SYF lost 11.90 points, or 14.83%, in 29 days. The chart has formed a Falling Channel chart pattern.
Daily Technical Indicators: [See SYF daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since April 28, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger. The distance between the Bollinger Bands is falling, and it was 5.59% on Friday. It is 55.34% lower than one year average. It indicates the period of low volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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