Synaptics's 15min chart: MACD Death Cross, Bollinger Bands Narrowing.

Synaptics's 15-minute chart has recently triggered a MACD Death Cross and Bollinger Bands Narrowing, which occurred on September 22nd at 14:45. This indicates that the stock price has the potential to continue falling, with a decreasing magnitude of stock price fluctuations.

On September 22nd at 14:45, Synaptics Incorporated's (NASDAQ: SYNA) 15-minute chart triggered a MACD Death Cross and Bollinger Bands Narrowing, indicating potential bearish sentiment. This combination of technical indicators suggests that the stock price could continue to decline, with a decreasing magnitude of fluctuations in stock price Synaptics Incorporated $SYNA Shares Purchased by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.^[1].

The MACD (Moving Average Convergence Divergence) Death Cross occurs when the MACD line crosses below the signal line, signaling a potential reversal in the stock's trend. The Bollinger Bands Narrowing indicates a decrease in volatility, which can precede a significant price movement. These signals suggest that Synaptics may experience further price declines in the near term Synaptics (NASDAQ:SYNA) Upgraded to Hold at Zacks Research^[2].

Institutional investors have shown strong interest in Synaptics, with recent filings indicating significant changes in their positions. For instance, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake by 9.4% in the first quarter, acquiring an additional 5,733 shares, bringing their total to 66,408 shares worth $4,232,000 Synaptics Incorporated $SYNA Shares Purchased by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.^[1]. Additionally, Ameriprise Financial Inc. boosted its stake by 22.5%, acquiring an additional 1,118,559 shares, and Toronto Dominion Bank acquired a new stake valued at $152,895,000 Synaptics Incorporated $SYNA Shares Purchased by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.^[1].

Analysts have also provided mixed signals. Zacks Research upgraded Synaptics from a "strong sell" rating to a "hold" rating, while other analysts such as Deutsche Bank and Barclays have issued "buy" and "overweight" ratings respectively [^1, 2]. Despite the mixed analyst ratings, the average rating remains "Moderate Buy" with a consensus price target of $90.43 Synaptics (NASDAQ:SYNA) Upgraded to Hold at Zacks Research^[2].

Synaptics recently reported earnings of $1.01 per share for the quarter, beating analyst estimates by $0.01. The company's revenue for the quarter was $282.80 million, up 14.3% compared to the same quarter last year. The company has set its Q1 2026 guidance at 1.490-1.690 EPS [^1, 2].

Synaptics has initiated a $150 million stock repurchase plan, suggesting that the company's board believes its stock is undervalued. The repurchase plan authorizes the company to buyback up to 6.5% of its shares through open market purchases [^1, 2].

In conclusion, Synaptics' recent technical indicators and institutional investor activity suggest a potential downward trend in the stock price. However, the company's strong earnings and revenue growth provide a positive backdrop. Investors should closely monitor these signals and consider their risk tolerance before making investment decisions.