Technical Analysis for SNX - Synnex Corporation

Grade Last Price % Change Price Change
C 116.02 1.14% 1.31
SNX closed up 1.14 percent on Wednesday, November 20, 2024, on 60 percent of normal volume. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Flat Down Down

Date Alert Name Type % Chg
Bullish Engulfing Bullish 0.00%
Crossed Above 200 DMA Bullish 0.00%
Stochastic Buy Signal Bullish 0.00%
Inside Day Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 200 DMA Bearish 1.14%
180 Bearish Setup Bearish Swing Setup 1.14%
Cup with Handle Other 1.14%
Gapped Down Weakness 1.14%
Oversold Stochastic Weakness 1.14%

   Recent Intraday Alerts

Alert Time
Up 1% about 16 hours ago
Possible NR7 about 18 hours ago
Possible Inside Day about 18 hours ago
Rose Above 200 DMA about 21 hours ago
200 DMA Resistance about 22 hours ago

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Profile

Synnex Corporation Description

SYNNEX Corporation provides distribution and business process outsourcing (BPO) services to resellers, retailers, and original equipment manufacturers (OEMs) primarily in North America. The company operates in two segments, Distribution Services and Global Business Services (GBS). The Distribution Services segment distributes information technology (IT) products, such as IT systems, peripherals, system components, software, networking equipment, consumer electronics, and complementary products to value added resellers, system integrators, and retailers. This segment also offers data center server and storage solutions; and contract assembly services, including systems design, build-to-order, configure-to-order, and assembly capabilities, as well as value added services comprising kitting, reconfiguration, asset tagging, and hard drive imaging. The GBS segment provides BPO services, including customer management, renewals management, back office processing, and information technology outsourcing on a global platform via voice, chat, Web, email, and digital print. SYNNEX Corporation also provides logistics services, such as outsourced fulfillment, virtual distribution, and direct ship to end-users; financing services comprising net terms, third party leasing, floor plan financing, letters of credit backed financing, and arrangements; marketing services consisting of direct mail, external media advertising, reseller product training, targeted telemarketing campaigns, national and regional trade shows, trade groups, database analysis, print on demand services, and Web-based marketing; and online and technical support services. It also has operations in China, India, Japan, the Philippines, Costa Rica, Hungary, Mexico, Nicaragua, and the United Kingdom. The company was formerly known as SYNNEX Information Technologies, Inc. and changed its name to SYNNEX Corporation in October 2003. SYNNEX Corporation was founded in 1980 and is headquartered in Fremont, California.


Classification

Sector: Industrials
Industry: Business Services
Keywords: Consumer Electronics Systems Integrator Information Technology Management Logistics Services Distribution Services Outsourcing Fulfillment Business Process Outsourcing Storage Solution B2B Customer Management Bpo Services Media Advertising Office Processing Concentrix Information Technologies Information Technology Outsourcing Back Office Processing Data Center Server Synnex

Is SNX a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 132.9306
52 Week Low 95.5591
Average Volume 605,017
200-Day Moving Average 115.65
50-Day Moving Average 118.50
20-Day Moving Average 119.10
10-Day Moving Average 118.84
Average True Range 2.55
RSI (14) 43.82
ADX 18.57
+DI 18.67
-DI 29.65
Chandelier Exit (Long, 3 ATRs) 118.89
Chandelier Exit (Short, 3 ATRs) 122.07
Upper Bollinger Bands 126.02
Lower Bollinger Band 112.18
Percent B (%b) 0.28
BandWidth 11.62
MACD Line -0.83
MACD Signal Line -0.12
MACD Histogram -0.7081
Fundamentals Value
Market Cap 10.18 Billion
Num Shares 87.7 Million
EPS 6.70
Price-to-Earnings (P/E) Ratio 17.32
Price-to-Sales 0.16
Price-to-Book 1.08
PEG Ratio 0.86
Dividend 1.45
Dividend Yield 1.25%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 118.32
Resistance 3 (R3) 118.08 117.09 117.93
Resistance 2 (R2) 117.09 116.50 117.20 117.80
Resistance 1 (R1) 116.55 116.14 116.82 116.79 117.68
Pivot Point 115.56 115.56 115.69 115.67 115.56
Support 1 (S1) 115.02 114.97 115.29 115.26 114.36
Support 2 (S2) 114.03 114.61 114.14 114.24
Support 3 (S3) 113.49 114.03 114.11
Support 4 (S4) 113.73