Synchrony Financial (SYF)
Synchrony Financial is a consumer financial services company headquartered in Stamford, Connecticut, United States. The company offers consumer financing products, including credit, promotional financing and loyalty programs, installment lending to industries, and FDIC-insured consumer savings products through Synchrony Bank, its wholly owned online bank subsidiary.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 62.23% per annum.
- SYF price at the close of April 29, 2025 was $52.43 and was lower than the bottom border of the primary price channel by $6.41 (10.90%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 82.10% per annum.
- SYF price at the close of April 29, 2025 was higher than the top border of the secondary price channel by $3.83 (7.89%). This indicates a possible reversal in the secondary trend direction.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of SYF price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: March 13, 2023
End date: March 3, 2025
a = 1.8340
b = 0.0013
s = 0.0892
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0013) – 1
= 62.23%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0892) – 1
= 42.89%
March 13, 2023 calculations
Top border of price channel:
Exp(Y721)
= Exp(a + b × X721 + 2 × s)
= Exp(a + b × 1,047 + 2 × s)
= Exp(1.8340 + 0.0013 × 1,047 + 2 × 0.0892)
= Exp(3.4005)
= $29.98
Bottom border of price channel:
Exp(Y721)
= Exp(a + b × X721 – 2 × s)
= Exp(a + b × 1,047 – 2 × s)
= Exp(1.8340 + 0.0013 × 1,047 – 2 × 0.0892)
= Exp(3.0435)
= $20.98
March 3, 2025 calculations
Top border of price channel:
Exp(Y1,215)
= Exp(a + b × X1,215 + 2 × s)
= Exp(a + b × 1,768 + 2 × s)
= Exp(1.8340 + 0.0013 × 1,768 + 2 × 0.0892)
= Exp(4.3563)
= $77.96
Bottom border of price channel:
Exp(Y1,215)
= Exp(a + b × X1,215 – 2 × s)
= Exp(a + b × 1,768 – 2 × s)
= Exp(1.8340 + 0.0013 × 1,768 – 2 × 0.0892)
= Exp(3.9993)
= $54.56
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 62.23% per annum.
- SYF price at the close of April 29, 2025 was $52.43 and was lower than the bottom border of the primary price channel by $6.41 (10.90%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: January 14, 2025
End date: April 22, 2025
a = 12.3919
b = -0.0047
s = 0.0467
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0047) – 1
= -82.10%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0467) – 1
= 20.53%
January 14, 2025 calculations
Top border of price channel:
Exp(Y1,183)
= Exp(a + b × X1,183 + 2 × s)
= Exp(a + b × 1,720 + 2 × s)
= Exp(12.3919 + -0.0047 × 1,720 + 2 × 0.0467)
= Exp(4.3784)
= $79.71
Bottom border of price channel:
Exp(Y1,183)
= Exp(a + b × X1,183 – 2 × s)
= Exp(a + b × 1,720 – 2 × s)
= Exp(12.3919 + -0.0047 × 1,720 – 2 × 0.0467)
= Exp(4.1917)
= $66.13
April 22, 2025 calculations
Top border of price channel:
Exp(Y1,250)
= Exp(a + b × X1,250 + 2 × s)
= Exp(a + b × 1,818 + 2 × s)
= Exp(12.3919 + -0.0047 × 1,818 + 2 × 0.0467)
= Exp(3.9165)
= $50.23
Bottom border of price channel:
Exp(Y1,250)
= Exp(a + b × X1,250 – 2 × s)
= Exp(a + b × 1,818 – 2 × s)
= Exp(12.3919 + -0.0047 × 1,818 – 2 × 0.0467)
= Exp(3.7298)
= $41.67
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 82.10% per annum.
- SYF price at the close of April 29, 2025 was higher than the top border of the secondary price channel by $3.83 (7.89%). This indicates a possible reversal in the secondary trend direction.