Technical Analysis for SYNL - Synalloy Corporation

Grade Last Price % Change Price Change
grade D 9.34 -2.10% -0.20
SYNL closed down 2.1 percent on Friday, May 29, 2020, on 88 percent of normal volume. It was able to find support at its 50 day moving average.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Down
Historical SYNL trend table...

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
50 DMA Support Bullish 0.00%
Up 3 Days in a Row Strength -2.10%
Up 4 Days in a Row Strength -2.10%
Up 5 Days in a Row Strength -2.10%
Inside Day Range Contraction 0.54%
Up 3 Days in a Row Strength 0.54%
Up 4 Days in a Row Strength 0.54%
Crossed Above 50 DMA Bullish 1.63%
Multiple of Ten Bearish Other 1.63%

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Profile

Synalloy Corporation, together with its subsidiaries, engages in metals and specialty chemicals businesses in the United States and internationally. It operates in two segments, Metals and Specialty Chemicals. The Metals segment manufactures and markets welded pipes; fabricates piping systems from carbon, chrome, stainless steel, and other alloys; and manufactures liquid storage solutions and separation equipment. It serves the chemical, petrochemical, pulp and paper, mining, power generation, water and waste water treatment, liquid natural gas, brewery, food processing, petroleum, pharmaceutical, and other industries. The Specialty Chemicals Segment produces specialty chemicals and dyes for the carpet, chemical, paper, metals, mining, agricultural, fiber, paint, textile, automotive, petroleum, cosmetics, mattress, furniture, janitorial, and other industries; and specialty formulations and intermediates, primarily focusing on the areas of defoamers, surfactants, and lubricating agents for use in various applications and industries. Synalloy Corporation sells its stainless steel pipes through authorized stocking distributors under the BRISMET trade name; fabrication systems to engineering firms and construction companies or directly to project owners through outside sales employees under the Synalloy Fabrication, BristolFab, Bristol Piping Systems, and Ram-Fab trade names; and specialty chemicals through outside sales employees and manufacturers' representatives. The company was formerly known as Blackman Uhler Industries, Inc. and changed its name to Synalloy Corporation in July 1967. Synalloy Corporation was founded in 1945 and is headquartered in Spartanburg, South Carolina.
Chemistry Mining Physical Sciences Chemicals Chemical Natural Sciences Industrial Processes Building Engineering Plumbing Paint Piping Food Processing Stainless Steel Speciality Chemicals Fine Chemical Liquid Natural Gas Separation Equipment

Is SYNL 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 19.0435
52 Week Low 7.28
Average Volume 22,870
200-Day Moving Average 12.62
50-Day Moving Average 9.06
20-Day Moving Average 8.99
10-Day Moving Average 9.45
Average True Range 0.87
ADX 16.81
+DI 25.26
-DI 19.29
Chandelier Exit (Long, 3 ATRs ) 7.99
Chandelier Exit (Short, 3 ATRs ) 9.89
Upper Bollinger Band 10.32
Lower Bollinger Band 7.67
Percent B (%b) 0.63
BandWidth 29.51
MACD Line 0.10
MACD Signal Line 0.04
MACD Histogram 0.0558
Fundamentals Value
Market Cap 81.41 Million
Num Shares 8.72 Million
EPS -0.29
Price-to-Earnings (P/E) Ratio -32.21
Price-to-Sales 0.79
Price-to-Book 1.40
PEG Ratio 0.00
Dividend 0.13
Dividend Yield 1.39%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.74
Resistance 3 (R3) 10.72 10.24 10.50
Resistance 2 (R2) 10.24 9.88 10.25 10.42
Resistance 1 (R1) 9.79 9.67 10.02 9.81 10.35
Pivot Point 9.31 9.31 9.42 9.32 9.31
Support 1 (S1) 8.86 8.95 9.09 8.88 8.33
Support 2 (S2) 8.38 8.74 8.39 8.26
Support 3 (S3) 7.93 8.38 8.18
Support 4 (S4) 7.95