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Archive
- 5/23/2025 -
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Sysco Corp. (SYY) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was the negative week for the Sysco Corp. (SYY). During the week, the SYY dropped -0.97 points, or -1.34%, and closed at 71.47 on Friday, May 23, 2025. Weekly volume was -22% below average.
 Long-term trend: [See SYY long-term trend chart]
A long-term uptrend had started on October 6, 2023 at 62.24 and reached 82.89 on February 2, 2024. SYY gained -20.65 points, or -33.18%, in 17 weeks. The chart has formed a Ascending Triangle chart pattern. The uptrend support line (76.90) is broken. A broken support is considered to be a long-term bearish signal. 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 support in a long-term trend.
 Medium-term trend: [See SYY medium-term trend chart]
A medium-term downtrend had started on December 6, 2024 at 82.23 and reached 67.12 on April 9, 2025. SYY lost 15.11 points, or 18.38%, in 17 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 65.27 and resistance is at 75.07. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a medium-term trend.
 Weekly Technical Indicators: [See SYY weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since January 3, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.
 Short-term trend: [See SYY short-term trend chart]
A short-term uptrend had started on April 9, 2025 at 67.12 and reached 74.31 on April 23, 2025. SYY gained -7.19 points, or -10.71%, in 14 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See SYY daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since May 7, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
A Parabolic SAR (stop and reversal) indicator (70.92) comes close to the price (71.47). It indicates that the trend is getting weaker. 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.
During the last week, the price has declined below the moving average in the center of the Bollinger Bands. 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 price 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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