user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 449661 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Synaptics Crosses Above its 10-day MA (SYNA)

Published on Wed, 02/27/2013 - 12:19
By Mallory Stone

Today, shares of Synaptics (NASDAQ:SYNA) have crossed bullishly above their 10-day moving average of $34.26 on a volume of 111K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

There is potential upside of 12.2% for shares of Synaptics based on a current price of $34.49 and an average consensus analyst price target of $38.71. The stock should discover initial support at its 50-day moving average (MA) of $32.30 and subsequent support at its 200-day MA of $28.00.

Synaptics Incorporated develops custom-designed user interface solutions. The Company's solutions enable people to interact with a variety of mobile computing and communications devices. Synaptics offers a touch-sensitive pad that senses the position of a person's finger on its surface to provide screen navigation, cursor movement, and a platform of interactive input.

In the past 52 weeks, Synaptics share prices have been bracketed by a low of $22.58 and a high of $39.89 and are now at $34.49, 53% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has risen 0.3%.

By Mallory Stone
mstone@fnno.com

Latest News from FNNO

Shares of Sherwin-Williams Rise Above Pr...

Shares of Sherwin-Williams (NYSE:SHW) traded today at $217.53, breaking its 52-week hig ...

Watch for Continued Gains in Shares of S...

Shares of Ship Finance International (NYSE:SFL) traded today at $19.54, breaking its 52 ...

SEI Investments Looks to Continue to Tra...

SEI Investments (NASDAQ:SEIC) traded at a new 52-week high today of $36.73. So far tod ...

Recent 52-Week High Exceeded in Shares o...

Shares of RPM International (NYSE:RPM) traded today at $46.92, breaking its 52-week hig ...

Shares of Regency Centers Rise Above Pre...

Regency Centers (NYSE:REG) traded at a new 52-week high today of $57.99. This new high ...

Shares of Papa John's International Fall...

Shares of Papa John's International (NASDAQ:PZZA) traded at a new 52-week low today of ...

Shares of Prudential Rise Above Previous...

Shares of Prudential (NYSE:PUK) traded at a new 52-week high today of $48.03. This new ...

Public Storage: 52-Week High Recently Ec...

Public Storage (NYSE:PSA) traded today at a new 52-week high of $178.26. Approximately ...