Synaptics Incorporated (SYNA) Shares are Up 3.37%

Synaptics Incorporated (SYNA) : Traders are bullish on Synaptics Incorporated (SYNA) as it has outperformed the S&P 500 by a wide margin of 0.82% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.2%, 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 3.37% in the last 1 week, and is up 0.27% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 1.26% and the 50-Day Moving Average is 4.37%.The 200 Day SMA reached 12.9%


Synaptics Incorporated (NASDAQ:SYNA): After opening at $55.69, the stock dipped to an intraday low of $55.6397 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $58.82 and the buying power remained strong till the end. The stock closed at $58.58 for the day, a gain of 6.40% for the day session. The total traded volume was 848,269. The stocks close on the previous trading day was $58.58.

Synaptics Incorporated (SYNA) : The highest short term price target forecast on Synaptics Incorporated (SYNA) is $81 and the lowest target price is $57. A total of 8 equity analysts are currently covering the company. The average price of all the analysts is $67.5 with a standard deviation of $7.27.

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.

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