Technical Analysis for SNX - Synnex Corporation

Grade Last Price % Change Price Change
A 136.04 2.41% 3.20
SNX closed up 2.41 percent on Tuesday, January 14, 2025, on 1.39 times normal volume. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Jack-in-the-Box Bullish Bullish Swing Setup 2.41%
Calm After Storm Range Contraction 2.41%
Inside Day Range Contraction 2.41%
Above Upper BB Strength 2.41%

   Recent Intraday Alerts

Alert Time
Up 2% about 9 hours ago
60 Minute Opening Range Breakout about 9 hours ago
New 52 Week High about 10 hours ago
Fell Below Upper Bollinger Band about 10 hours ago
Jack-in-the-Box Bullish Entry about 10 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 Outsourcing Distribution Services 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

Comments

Indicators

Indicator Value
52 Week High 136.07
52 Week Low 97.6809
Average Volume 640,020
200-Day Moving Average 118.96
50-Day Moving Average 120.57
20-Day Moving Average 121.45
10-Day Moving Average 123.46
Average True Range 3.46
RSI (14) 72.68
ADX 23.12
+DI 41.66
-DI 10.51
Chandelier Exit (Long, 3 ATRs) 125.68
Chandelier Exit (Short, 3 ATRs) 125.76
Upper Bollinger Bands 133.28
Lower Bollinger Band 109.62
Percent B (%b) 1.12
BandWidth 19.48
MACD Line 2.74
MACD Signal Line 0.77
MACD Histogram 1.9666
Fundamentals Value
Market Cap 11.93 Billion
Num Shares 87.7 Million
EPS 6.70
Price-to-Earnings (P/E) Ratio 20.30
Price-to-Sales 0.16
Price-to-Book 1.08
PEG Ratio 0.86
Dividend 1.45
Dividend Yield 1.07%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 141.46
Resistance 3 (R3) 140.86 138.47 140.55
Resistance 2 (R2) 138.47 137.09 138.76 140.25
Resistance 1 (R1) 137.25 136.24 137.86 137.85 139.95
Pivot Point 134.86 134.86 135.16 135.15 134.86
Support 1 (S1) 133.64 133.48 134.25 134.24 132.13
Support 2 (S2) 131.25 132.63 131.54 131.83
Support 3 (S3) 130.03 131.25 131.53
Support 4 (S4) 130.63