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Synaptics Bullish Moving Average Crossover Alert (SYNA)

By Amy Schwartz

Today, shares of Synaptics (NASDAQ:SYNA) have crossed bullishly above their 10-day moving average of $50.75 on a volume of 132K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Synaptics share prices have moved between a 52-week high of $102.50 and a 52-week low of $47.00 and are now trading 9% above that low price at $51.18 per share. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 1.2%.

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

Keywords: moving crosses synaptics

Ticker(s): SYNA