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Synaptics Down 21.7% Since SmarTrend Downtrend Call (SYNA)

By Shiri Gupta

SmarTrend identified a Downtrend for Synaptics (NASDAQ:SYNA) on April 29th, 2016 at $70.23. In approximately 3 months, Synaptics has returned 21.73% as of today's recent price of $54.97.

In the past 52 weeks, shares of Synaptics have traded between a low of $47.09 and a high of $102.50 and are now at $54.97, which is 17% above that low price. The 200-day and 50-day moving averages have moved 0.44% lower and 1.21% lower over the past week, respectively.

Synaptics Incorporated develops custom-designed user interface solutions. The Company's solutions enable people to interact with a variety of mobile computing and communications devices. Synaptics offers a touch-sensitive pad that senses the position of a person's finger on its surface to provide screen navigation, cursor movement, and a platform of interactive input.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Synaptics.

Log in and add Synaptics (SYNA) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights synaptics

Ticker(s): SYNA