SYNAPTICS INC
(SYNA-Nasdaq):
Technical Viewpoint: From a low
of $23.18 on Sep 19, 2006 prices
rallied, reaching a
high of $25.35
on Sep 26, 2006. A
decline saw prices pull back, reaching a
low of
$22.34 on Oct 11, 2006.
Another rally saw prices penetrate
resistance, closing 10/20/06
at $28.06. Technicals: MACD Index (MACD): A Buy Alert!
was given on Oct 20, 2006 when the solid line crossed the dotted line to the upside.
Support: Remains at $23.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Oct 20, 2006. A P&F upside
reversal takes place at $25.00. Summary: Technical indicators have turned bullish. BUY! SYNAPTICS INC
(SYNA-Nasdaq) @ $28.50 Stop: Use a protective stop of $26.50.
SYNAPTICS INC is currently trading @ $28.06 plus $3.97 on Oct 20, 2006. Price Objective:
$39.50. Risk/Reward: $2.00 VS. $11.00. Today's Risk Reward Ratio: 5:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$39.50
Risk/Reward:
$2.00 VS. $11.00
Risk/Reward Ratio:
5:1
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