What Does Bollinger Band say about Synchronoss Technologies, Inc. (NASDAQ:SNCR)?


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Synchronoss Technologies, Inc. (NASDAQ:SNCR) for the period of 9-Day stands at 35.96% while the stochastic %D for the same period stands at 39.12%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Synchronoss Technologies, Inc. (NASDAQ:SNCR) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Sell” for Synchronoss Technologies, Inc. (NASDAQ:SNCR) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently Synchronoss Technologies, Inc. (NASDAQ:SNCR)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Synchronoss provides essential mobile solutions for Service Providers and Enterprise through proven and scalable software solutions and platforms. Ours is a powerful, secure, and frictionless new approach to modern mobility, one that simplifies the creation and management of customer and employee experiences associated with identity, cloud, messaging, applied analytics, and secure mobility. This approach enables clients to transform their businesses by creating growth, profitability and competitive advantage. Synchronoss has one of the largest, most comprehensive technology platforms in production, widely used by the largest service providers located around the world. Synchronoss’ industry-leading customers include tier 1 service providers such as AT&T Inc., Verizon Wireless and Vodafone; tier 1 cable operators/MSOs such as Cablevision, Charter Communications, Comcast, and Time Warner Cable; leaders in Secure Enterprise such as Goldman Sachs; and large OEMs such as Apple, Microsoft, and Samsung.

Previous Day Activity Analysis

On the last trading day, Synchronoss Technologies, Inc. (NASDAQ:SNCR) opened the session at $10.34 and after going down -4.11% closed at $10.04. The stock lost -0.3 points in the last trade.

Synchronoss Technologies, Inc. (NASDAQ:SNCR)’s stock fluctuated in the range of $10.02 and $10.44 during the previous active session. Synchronoss Technologies, Inc. (NASDAQ:SNCR) traded with the volume of 985324 with average volume of 1.92 Million. The stock has MEDIUM volatility on the last trading session.

Currently the Beta for the company remains at 1.6 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.68 and 32.91 respectively.

Currently the Insider Ownership of the shares of Synchronoss Technologies, Inc. (NASDAQ:SNCR) is at 0.7% and the shares outstanding are 47.53 Million.

Important Ratio Analysis

Some important ratios to consider here for Synchronoss Technologies, Inc. (NASDAQ:SNCR) are discussed below:

Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 6.44.

The Price to Sale P/S and Price to Book P/B shows the value of 1 and 0.67 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 2.47 and 3.35 correspondingly.

The Quick Ratio of Synchronoss Technologies, Inc. (NASDAQ:SNCR) stands at 2.4 while the Current Ratio depicts the value of 2.4.

Return on Assets ROA of Synchronoss Technologies, Inc. (NASDAQ:SNCR) is at 1.7% whereas, Return on Equity ROE and Return of Investment ROI of Synchronoss Technologies, Inc. (NASDAQ:SNCR) stand at 3.1% and -6.9% respectively.

Stock Performance Analysis

The stock performance of Synchronoss Technologies, Inc. (NASDAQ:SNCR) on the basis of 5 day trade show the dip of -0.3% whereas, the monthly performance of the stock shows decrease of -29.05%.

The quarterly performance of the stock remained in red zone with the value of -39.77% while six month performance of the shares of Synchronoss Technologies, Inc. (NASDAQ:SNCR) remained bearish with the count of -30.59%.

The yearly and YTD performance of Synchronoss Technologies, Inc. (NASDAQ:SNCR) remained down at -78.97% and -73.79% respectively.