When the Price of (SNV) Talks, People Listen
February 23, 2024, 14:38 pm ET, BY Allen K.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for SNV
- Buy SNV slightly over 33.99 target 38.77 stop loss @ 33.89 Details
The technical summary data tells us to buy SNV near 33.99 with an upside target of 38.77. This data also tells us to set a stop loss @ 33.89 to protect against excessive loss in case the stock begins to move against the trade. 33.99 is the first level of support below 37.02 , and by rule, any test of support is a buy signal. In this case, support 33.99 is being tested, a buy signal would exist.
- Short SNV slightly under 38.77, target 33.99, stop loss @ 38.88 Details
The technical summary data is suggesting a short of SNV as it gets near 38.77 with a downside target of 33.99. We should have a stop loss in place at 38.88though. 38.77 is the first level of resistance above 37.02, and by rule, any test of resistance is a short signal. In this case, if resistance 38.77 is being tested, a short signal would exist.
Swing Trading Plans for SNV
- Buy SNV slightly over 37.95, target 38.77, Stop Loss @ 37.84 Details
If 37.95 begins to break higher, the technical summary data tells us to buy SNV just slightly over 37.95, with an upside target of 38.77. The data also tells us to set a stop loss @ 37.84 in case the stock turns against the trade. 37.95 is the first level of resistance above 37.02, and by rule, any break above resistance is a buy signal. In this case, 37.95, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short SNV slightly near 37.95, target 36.69, Stop Loss @ 38.06. Details
The technical summary data is suggesting a short of SNV if it tests 37.95 with a downside target of 36.69. We should have a stop loss in place at 38.06 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 37.95, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for SNV
- Buy SNV slightly over 37.42, target 37.95, Stop Loss @ 37.33 Details
If 37.42 begins to break higher, the technical summary data tells us to buy SNV just slightly over 37.42, with an upside target of 37.95. The data also tells us to set a stop loss @ 37.33 in case the stock turns against the trade. 37.42 is the first level of resistance above 37.02, and by rule, any break above resistance is a buy signal. In this case, 37.42, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short SNV slightly near 37.42, target 36.9, Stop Loss @ 37.51. Details
The technical summary data is suggesting a short of SNV if it tests 37.42 with a downside target of 36.9. We should have a stop loss in place at 37.51 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 37.42, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Synovus Financial Corp. (SNV) available here: SNV.
SNV Ratings for February 23:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Strong |
| P1 |
0 |
0 |
29.53 |
| P2 |
36.9 |
36.69 |
33.99 |
| P3 |
37.42 |
37.95 |
38.77 |
AI Generated Signals for SNV
Blue = Current Price
Red= Resistance
Green = Support
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This is not EF Hutton, but it could be more #powerful. A picture speaks a thousand words, they say, and the #priceaction of Synovus Financial Corp. (NYSE: SNV) tells an important story. The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity. The data below for SNV can be used as an example, and demonstrate how to do this for other stocks too. This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for SNV:
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