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Serhii Bond's Avatar
published in Blogs
May 28, 2023

SYF Stock Soars with 13.46% Gains, MACD Histogram Signals Bullish Momentum

AI Trading Bot Generates Gains of 13.46% for SYF and SYF's MACD Histogram Crosses Above Signal Line

Investors and traders are increasingly turning to artificial intelligence (AI) and algorithmic trading to capitalize on market opportunities. One such success story involves the AI Trading Bot, which recently generated impressive gains of 13.46% for SYF, a well-known financial company. In addition to this remarkable performance, another positive signal has emerged as SYF's Moving Average Convergence Divergence (MACD) Histogram crossed above the signal line.

The AI Trading Bot is a cutting-edge system that utilizes advanced algorithms and machine learning techniques to analyze vast amounts of financial data, identify patterns, and execute trades with precision and speed. By leveraging its computational power and ability to process information in real time, the AI Trading Bot has proven its potential to outperform traditional human-driven trading strategies.

In the case of SYF, the AI Trading Bot demonstrated its capabilities by delivering a substantial gain of 13.46%. This performance not only highlights the effectiveness of AI-driven trading but also emphasizes the potential for significant returns when combining advanced technology with strategic decision-making.

Furthermore, the recent development in SYF's MACD indicator adds to the positive outlook for the company. The MACD Histogram is a technical indicator that measures the distance between the MACD line and the signal line. When the histogram crosses above the signal line, it suggests a bullish trend and indicates a potential buying opportunity for investors.

The crossing of SYF's MACD Histogram above the signal line implies that the stock's short-term momentum is gaining strength, potentially indicating a favorable market environment for SYF. Traders and investors often use the MACD indicator to assess the overall trend and momentum of a stock, making this development an encouraging sign for those interested in SYF.

As AI continues to evolve and disrupt various industries, the financial sector stands to benefit significantly from its applications in trading and analytics. The success of the AI Trading Bot in generating substantial gains for SYF, combined with the bullish MACD signal, underscores the potential for AI-powered solutions to deliver valuable insights and enhanced performance in the world of finance.

Related Ticker: SYF

SYF's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for SYF turned positive on May 16, 2023. Looking at past instances where SYF's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on May 16, 2023. You may want to consider a long position or call options on SYF as a result. In of 78 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

SYF moved above its 50-day moving average on May 18, 2023 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for SYF crossed bullishly above the 50-day moving average on May 24, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SYF advanced for three days, in of 319 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 295 cases where SYF Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 16 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SYF declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

SYF broke above its upper Bollinger Band on June 06, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.159) is normal, around the industry mean (4.088). P/E Ratio (5.879) is within average values for comparable stocks, (29.686). Projected Growth (PEG Ratio) (0.495) is also within normal values, averaging (1.457). Dividend Yield (0.027) settles around the average of (0.047) among similar stocks. P/S Ratio (1.291) is also within normal values, averaging (5.988).

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. SYF’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. SYF’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 82, placing this stock better than average.

Notable companies

The most notable companies in this group are VISA (NYSE:V), Mastercard (NYSE:MA), American Express Company (NYSE:AXP), PayPal Holdings (NASDAQ:PYPL), Capital One Financial (NYSE:COF), Discover Financial Services (NYSE:DFS), United Rentals (NYSE:URI), Synchrony Financial (NYSE:SYF), SLM Corp (NASDAQ:SLM), Bread Financial Holdings (NYSE:BFH).

Industry description

A leasing company (e.g. United Rentals, Inc. ) is typically the legal owner of the asset for the duration of the lease, while the lessee has operating control over the asset while also having some share of the economic risks and returns from the change in the valuation of the underlying asset. Per capita disposable income and corporate earnings or cash flow could be some of the critical metrics for this business – the higher the values of these metrics, the potentially greater ability of consumers/businesses to afford apartments/office spaces for rent. Other finance companies include credit/debit card payment processing companies (e.g. Visa Inc. and Mastercard), private label credit cards providers (e.g. Synchrony Financial) and automobile finance companies (e.g. Credit Acceptance Corporation).

Market Cap

The average market capitalization across the Finance/Rental/Leasing Industry is 8.64B. The market cap for tickers in the group ranges from 2.17K to 468.22B. V holds the highest valuation in this group at 468.22B. The lowest valued company is AZNVF at 2.17K.

High and low price notable news

The average weekly price growth across all stocks in the Finance/Rental/Leasing Industry was 2%. For the same Industry, the average monthly price growth was 4%, and the average quarterly price growth was 0%. FPLPF experienced the highest price growth at 41%, while RAHGF experienced the biggest fall at -46%.

Volume

The average weekly volume growth across all stocks in the Finance/Rental/Leasing Industry was 3%. For the same stocks of the Industry, the average monthly volume growth was -9% and the average quarterly volume growth was 46%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 44
P/E Growth Rating: 64
Price Growth Rating: 49
SMR Rating: 66
Profit Risk Rating: 82
Seasonality Score: -8 (-100 ... +100)
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A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a savings bank

Industry FinanceRentalLeasing

Profile
Fundamentals
Details
Industry
Finance Or Rental Or Leasing
Address
777 Long Ridge Road
Phone
+1 203 585-2400
Employees
18500
Web
https://www.synchronyfinancial.com
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SYF and

Correlation & Price change

A.I.dvisor indicates that over the last year, SYF has been closely correlated with COF. These tickers have moved in lockstep 88% of the time. This A.I.-generated data suggests there is a high statistical probability that if SYF jumps, then COF could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To SYF
1D Price
Change %
SYF100%
-0.24%
COF - SYF
88%
Closely correlated
-0.13%
DFS - SYF
84%
Closely correlated
+0.48%
ALLY - SYF
80%
Closely correlated
-1.41%
BFH - SYF
80%
Closely correlated
-1.59%
OMF - SYF
78%
Closely correlated
-1.40%
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