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Archive
- 5/29/2026 -
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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 gave back -0.48 points, or -0.63%, and closed at 75.81 on Friday, May 29, 2026. SYY was trading at average weekly trading volume.
 Long-term trend: [See SYY long-term trend chart]
A long-term uptrend had started on April 9, 2025 at 67.12 and reached 91.85 on February 17, 2026. SYY gained -24.73 points, or -36.84%, in 44 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 73.45 and resistance is at 98.24. 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 SYY medium-term trend chart]
A medium-term downtrend had started on February 17, 2026 at 91.85 and reached 68.19 on March 31, 2026. SYY lost 23.66 points, or 25.76%, in 6 weeks. The chart has formed a Symmetric Triangle chart pattern. The price is near the trend resistance line (67.38). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line 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 March 27, 2026. This is an indication that the medium-term trend is down. 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 May 28, 2026 at 74.93 and reached 76.07 on May 29, 2026. SYY gained -1.14 points, or -1.52%, in 1 days. Price is near the Fibonacci 23.6% 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. 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.
The daily MACD line is above its signal line since April 14, 2026. 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.
Price is close to the 50 Day Moving Average. 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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