Synaptics Incorporated (SYNA) Shares are Up 6.81%

Synaptics Incorporated (SYNA) : Traders are bullish on Synaptics Incorporated (SYNA) as it has outperformed the S&P 500 by a wide margin of 9.62% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 6.36%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 6.81% in the last 1 week, and is up 12.35% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Synaptics Incorporated (NASDAQ:SYNA): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $55.23 and $55.23 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $56.91. The buying momentum continued till the end and the stock did not give up its gains. It closed at $55.49, notching a gain of 1.07% for the day. The total traded volume was 749,382 . The stock had closed at $54.90 on the previous day.

The stock has recorded a 20-day Moving Average of 6.36% and the 50-Day Moving Average is 1.46%. Synaptics Inc. has dropped 16.71% during the last 3-month period . Year-to-Date the stock performance stands at -30.93%.

Synaptics Incorporated (SYNA) : 9 investment research analysts covering Synaptics Incorporated (SYNA) have an average price target of $71.22 for the near short term. The highest target price given by the Brokerage Firm to the stock is $91 and the lowest target is $57 for the short term. Analysts expect the variance to be within $10.88 of the average price.


Synaptics Incorporated developer and supplier of custom-designed human interface solutions that enable people to interact more easily and intuitively with a wide variety of mobile computing, communications, entertainment, and other electronic devices. The portfolio includes Display Driver ICs (DDICs) which drive high-performance displays for smartphones and tablets. The ClearPad family supports touchscreen solutions for devices ranging from entry-level mobile phones to flagship premium smartphones, tablets and notebook PCs. The TouchPad family, including ClickPad and ForcePad, is integrated into the majority of todays notebook PCs. Natural ID fingerprint sensor technology enables authentication, mobile payments, and touch-based navigation for smartphones, tablets, and notebook computers. Synaptics portfolio also includes ThinTouch supporting thin and light keyboard solutions, as well as key technologies for next generation touch-enabled video and display applications.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.