Technical Analysis for SNX - Synnex Corporation

Grade Last Price % Change Price Change
A 117.44 0.05% 0.06
SNX closed up 0.05 percent on Friday, April 26, 2024, on 40 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Stochastic Reached Overbought Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%
Up 3 Days in a Row Strength 0.05%
Up 4 Days in a Row Strength 0.05%

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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 Fulfillment Outsourcing Storage Solution Business Process Outsourcing B2B Customer Management Media Advertising Office Processing Bpo Services 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 119.4528
52 Week Low 85.0497
Average Volume 1,014,306
200-Day Moving Average 101.29
50-Day Moving Average 108.61
20-Day Moving Average 115.23
10-Day Moving Average 114.96
Average True Range 2.25
RSI (14) 65.28
ADX 31.83
+DI 30.40
-DI 14.02
Chandelier Exit (Long, 3 ATRs) 112.70
Chandelier Exit (Short, 3 ATRs) 116.62
Upper Bollinger Bands 118.90
Lower Bollinger Band 111.56
Percent B (%b) 0.8
BandWidth 6.37
MACD Line 2.16
MACD Signal Line 2.22
MACD Histogram -0.0543
Fundamentals Value
Market Cap 10.3 Billion
Num Shares 87.7 Million
EPS 6.70
Price-to-Earnings (P/E) Ratio 17.53
Price-to-Sales 0.16
Price-to-Book 1.08
PEG Ratio 0.86
Dividend 1.45
Dividend Yield 1.23%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 118.70
Resistance 3 (R3) 118.78 118.43 118.49
Resistance 2 (R2) 118.43 118.11 118.40 118.42
Resistance 1 (R1) 117.94 117.91 117.77 117.86 118.35
Pivot Point 117.59 117.59 117.51 117.56 117.59
Support 1 (S1) 117.10 117.27 116.93 117.02 116.53
Support 2 (S2) 116.75 117.07 116.72 116.46
Support 3 (S3) 116.26 116.75 116.39
Support 4 (S4) 116.18