How Will the Market React to Synchrony Financial (SYF) Stock Getting a Bullish Rating

Overall market sentiment has been high on Synchrony Financial (SYF) stock lately. SYF receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Synchrony Financial has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SYF!

See Full SYF Report

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With SYF Stock Today?

Synchrony Financial (SYF) stock is trading at $35.90 as of 2:04 PM on Thursday, Dec 1, a loss of -$1.69, or -4.5% from the previous closing price of $37.59. The stock has traded between $35.88 and $37.05 so far today. Volume today is less active than usual. So far 3,060,693 shares have traded compared to average volume of 5,077,292 shares. To screen for more stocks like Synchrony Financial click here.

More About Synchrony Financial

Synchrony Financial, originally a spinoff of GE Capital's retail financing business, is the largest provider of private-label credit cards in the United States by both outstanding receivables and purchasing volume. Synchrony partners with other firms to market its credit products in their physical stores as well as on their websites and mobile applications. Synchrony operates through three segments: retail card (private-label and co-branded general-purpose credit cards), payment solutions (promotional financing for large ticket purchases), and CareCredit (financing for elective healthcare procedures). Click Here to get the full Stock Report for Synchrony Financial stock.