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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.

NASDAQ_SYNL
Open High Low SYNL Price Change
9.360 9.695 9.200 9.350 +0.030
Entry Signal

MarketClub’s Trade Triangles for SYNL

long term down The long-term trend has been DOWN since Mar 16th, 2020 at 8.7400

intermediate term up The intermediate-term trend has been UP since May 15th, 2020 at 9.9833

short term down 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).

-55
Smart Scan Analysis for SYNL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.360 9.695 9.200 9.350 +0.030
Prev. Close Volume Bid Ask Time
9.090 11498 2020-06-02 13:29:49
Year High24.8Year High Date2018-08-08
Year Low12.1072Year Low Date2018-02-06
52wk High19.6552wk High Date2019-05-03
52wk Low8.3352wk Low Date2020-03-17
Year End Close14.31Average Volume59,948
Shares Outstanding9,118Short Interest4,946
% Institutional34.4Market Cap144M
Assets257,197,000MLiabilities150,686,000M
P/E Ratio28.6Beta0.63
Volatility64.55
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