SYNA - Synaptics, Inc.

Synaptics Incorporated develops, markets, and sells intuitive human interface solutions for electronic devices and products worldwide. The company offers its human interface products solutions for mobile product applications, including smartphones, tablets, and touchscreen applications, as well as mobile, handheld, wireless, and entertainment devices; notebook applications; and other personal computer (PC) product applications, such as peripherals comprising keyboards, mice, and monitors, as well as remote control devices for desktops, PCs, and digital home applications. Its products include ClearPad, which enables the user to interact directly with the display on smartphones and tablets; display driver products that provide advanced image processing technology for entry-level smartphones through high-resolution tablets; and Natural ID, a fingerprint ID for use in smartphones, tablets, notebook PCs, PC peripherals, and other applications. The company’s products also comprise TouchPad, a touch-sensitive pad that senses the position and movement of one or more fingers on its surface; SecurePad that integrates fingerprint sensor directly into the TouchPad area; ClickPad, a clickable mechanical design to the TouchPad application that eliminates the need for physical buttons; and ForcePad, a thinner version of its ClickPad. Further, its other product solutions include dual pointing solutions, which offer TouchPad with a pointing stick in a single notebook computer enabling users to select their interface of choice; TouchStyk, a self-contained pointing stick module; and TouchButtons, which provide capacitive buttons and scrolling controls. The company sells its products through direct sales, outside sales representatives, and distributors. It serves smartphone, tablet, and PC original equipment manufacturers, as well as a various consumer electronics manufacturers. Synaptics Incorporated was founded in 1986 and is headquartered in San Jose, California.



Corporate Governance
Synaptics Inc.’s ISS Governance QuickScore as of July 1, 2016 is 5.The pillar scores are Audit: 2; Board: 4; Shareholder Rights: 6; Compensation: 6.

 

Bought in this morning for 800 shares @ $52.67 and impatience got the best of me (what's new) as I sold at some minor daily chart horizontal resistance @ 55.38.

I do believe I will live to regret it as June 17th's sell climax looks like panic to me - running weak hands out of their positions. There was also a major stop volume candle all the way back in May. If this thing holds above that horizontal line I drew on the weekly chart - it's your quintessential "Wyckoff Spring". That's the biggest factor.

My guess is there were more details in the conference call they had after the earnings report last week. The initial reaction was a shake out.

• Daily chart is showing a virgin gap to fill up at the 60 area
• Positive Divergence on the daily chart
• HVN (high volume node) back at 65

 

Well, that horizontal line I detailed in my weekly chart ended up holding ..... she's down 5.5% today, albeit on light volume. Still have to wait for Friday to roll around to get an end of week confirmation.

 

Slightly over-shot my target of $65, but still acquired nonetheless (in October).