Stock Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Synalloy Corp (NASDAQ:SYNL)
Sidelines Mode (-55) - SYNL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SYNL?
MarketClub looks at technical strength and momentum to determine if the timing is right for SYNL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SYNL
The long-term trend has been DOWN since Mar 16th, 2020 at 8.7400
The intermediate-term trend has been UP since May 15th, 2020 at 9.9833
The short-term trend has been DOWN since May 20th, 2020 at 9.1200
Smart Scan Analysis for SYNL
Based on our trend formula, SYNL is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||24.8||Year High Date||2018-08-08|
|Year Low||12.1072||Year Low Date||2018-02-06|
|52wk High||19.65||52wk High Date||2019-05-03|
|52wk Low||8.33||52wk Low Date||2020-03-17|
|Year End Close||14.31||Average Volume||59,948|
|Shares Outstanding||9,118||Short Interest||4,946|
|% Institutional||34.4||Market Cap||144M|