REPORTING FOR 2019-10-22 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how SNX has been trading over the last 2 weeks and the past day especially. On its latest session, Synnex Corporation ($SNX) opened at 117.79, reaching a high of 118.768 and a low of 116.76 before closing at a price of 117.6. There was a total volume of 262885.
VOLUME INDICATORS FOR SYNNEX CORPORATION ($SNX): We saw an accumulation-distribution index of 567.72143, an on-balance volume of -116.72, chaikin money flow of 3.10634 and a force index of 0.0546. There was an ease of movement rating of 0.00619, a volume-price trend of 27.15921 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR SYNNEX CORPORATION ($SNX): We noted an average true range of 1.68978, bolinger bands of 116.83771, an upper bollinger band of 116.59729, lower bollinger band of 116.76, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 117.77267, high band keltner channel of 116.79467, low band keltner channel of 118.75067, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 116.76, a donchian channel low band of 116.76, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR SYNNEX CORPORATION ($SNX): We calculated a Moving Average Convergence Divergence (MACD) of -0.00191, a MACD signal of -0.00106, a MACD difference of -0.00085, a fast Exponential Moving Average (EMA) indicator of 116.76, a slow Exponential Moving Average (EMA) indicator of 116.76, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.70613, a trix of 17.16948, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -21.90808, a KST Oscillator (KST) of 230.97143 and a KST Oscillator (KST Signal) of 230.97143 (leaving a KST difference of -0.22403). We also found an Ichimoku rating of 118.279, an Ichimoku B rating of 118.279, a Ichimoku visual trend A of 98.74934, an Ichimoku visual trend B of 100.85905, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.
MOMENTUM INDICATORS FOR SYNNEX CORPORATION ($SNX): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 95.50965, a stochastic oscillator of 205.31697, a stochastic oscillator signal of 205.31697, a Williams %R rating of 105.31697 and an awesome oscillator of -0.38223.
RETURNS FOR SYNNEX CORPORATION ($SNX): There was a daily return of 23.09714, a daily log return of -0.07283 and a cumulative return of -0.0728.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-22 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Synnex Corporation ($SNX)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Synnex Corporation ($SNX) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.