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Bullish Moving Average Cross by Synaptics Inc (SYNA)

By Amy Schwartz

Synaptics Inc (NASDAQ:SYNA) crossed over its 10-day moving average of $41.63 on a volume of 126K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Synaptics Inc has traded in a range of $26.34 to $43.75 and is now at $43.17, 64% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 1.8%.

SmarTrend is tracking the current trend status for Synaptics Inc and will alert subscribers who have SYNA in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses synaptics inc

Ticker(s): SYNA