|
|
Archive
- 5/29/2026 -
Sign In to see current Signals. |
Synchrony Financial (SYF) Technical Analysis
|
 |
| 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 -0.39 points, or -0.54%, and closed at 71.44 on Friday, May 29, 2026. Weekly volume was 21% above average.
SYF is a member of Financials Sector. Financials is the second 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 48.86 and resistance is at 95.85. 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 downtrend had started on January 9, 2026 at 88.77 and reached 63.08 on March 12, 2026. SYF lost 25.69 points, or 28.94%, in 8 weeks. The price is now at the 32.54% retracement level.
 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. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. 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 Broadening Descending Wedge 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 and getting smaller. It indicates that the current short-term downtrend is getting weak.
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.
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.
| |
|
|