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Food Distributors Industry Stocks Technical Analysis - SYYArchive - 7/18/2025 - Sign In to see current Signals. |
Sysco Corp. (SYY) Technical Analysis
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| Summary:
| | Weekly :    | | Daily :  Move cursor over the icon to see details.
| | It was a first positive week for the Sysco Corp. (SYY). During the week, the SYY gained 1.57 points, or 2.04%, and closed at 78.41 on Friday, July 18, 2025. Weekly volume was -13% below average. SYY is a member of Consumer Staples Sector. Consumer Staples is the most oversold 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 SYY long-term trend chart] A long-term downtrend had started on February 2, 2024 at 82.89 and reached 67.12 on April 9, 2025. SYY lost 15.77 points, or 19.03%, in 61 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 66.43 and resistance is at 81.76. A Broadening Descending 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, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern 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 downtrend resistance line (62.87) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. SYY may retest the broken resistance line. It is considered to be a support line now. 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 medium-term trend.
Weekly Technical Indicators: [See SYY weekly technical indicators chart] Weekly Relative Strength Index and Lane's Stochastic are overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index and Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. 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 links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help. The weekly MACD line is above its signal line since May 30, 2025. The distance between MACD and the signal line is near its high and getting bigger. 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 78.81 on July 18, 2025. SYY gained -11.69 points, or -17.42%, in 100 days. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (76.69) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 short-term trend.
Daily Technical Indicators: [See SYY daily technical indicators chart] Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. The daily MACD line is above its signal line since July 17, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.
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