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Stock Charts AI Power Rank: 9.6
Power Rank trend -> Rising
07/08/2024 10:46:00 EST
Synchrony Financial (SYF)
Industry: Credit Services
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, SYF has been trading in a range between $48.11 and $41.69 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
SYF is trading below resistance at $48.11, about 1% to the upside. There is support at $43.22 -9% to the downside. If it can break above the resistance, it could have some more upside. If the price starts to turn down and fails to get through this level or enters a yellow zone, we would consider profit taking or exiting the position. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
Synchrony Financial $SYF entered a Green zone 12 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $36.39, a potential down side of -22.44% from the recent price of 46.92. The stock is trading 3.56% (potential upside) below its 52 week high of $48.59 and 74.55 % (potential downside) above its 52 week low of $26.88 - based on the recent price.
Company Summary
Synchrony Financial, together with its subsidiaries, operates as a consumer financial services company in the United States It provides credit products, such as credit cards, commercial credit products, and consumer installment loans. The company also offers private label credit cards, dual co-brand and general purpose credit cards, short- and long-term installment loans, and consumer banking products; and deposit products, including certificates of deposit, individual retirement accounts, money market accounts, and savings accounts, and sweep and affinity deposits, as well as accepts deposits through third-party securities brokerage firms.
News
| 7 Stocks Poised for a Strong Second Half. And They Aren't Tech Giants. It is always a good idea to look for stocks that are set up for outperformance in the near future. Source: Barrons Mon, 08 Jul 2024 02:00:00 -0400 Sentiment: Positive |
| Synchrony Stock Is S&P 500's Top Performer. The Case to Buy Now. Baird analysts initiated coverage of the financial-services company's stock at Outperform with a price target of $56. Source: Barrons Fri, 28 Jun 2024 11:24:00 -0400 Sentiment: Positive |
| Synchrony (SYF) Boosts Financing Options With Atlanticus Synchrony (SYF) expands its partnership with Atlanticus in a bid to attract a large customer base and enhance customer experience. Source: Zacks Investment Research Thu, 27 Jun 2024 14:35:42 -0400 Sentiment: Positive |
| Here's Why Synchrony (SYF) is a Strong Momentum Stock The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage. Source: Zacks Investment Research Wed, 26 Jun 2024 10:56:25 -0400 Sentiment: Positive |
| Synchrony Selects Atlanticus for Preferred Second Look Financing Program Enhanced Multi-Year Partnership Aims to Drive Merchants' and Partners' Business Growth with Seamless Customer Experience STAMFORD, Conn. and ATLANTA , June 26, 2024 /PRNewswire/ --Â Synchrony (NYSE: SYF) announced today an enhanced partnership with Atlanticus Holdings Corporation (NASDAQ: ATLC). Source: PRNewsWire Wed, 26 Jun 2024 09:00:00 -0400 Sentiment: Neutral |
Technicals 52 Week Hi: 48.59 52 Week Low: 26.8789 Beta: 1.63 50 Day MA: 44.4738 200 Day MA: 38.1529 Earnings / Revenue Trends Qtr Earnings Growth YOY: 1.326 Qtr Revenue Growth YOY: 0.526 Forward PE: 7.3475 Trailing PE: 6.7221