Summary:
- A moving average of Short volume ratio is at a recent 2 week high. A high short volume ratio indicate selling presures.
- MACD is crossing MACD signal line at 2.4. MACD crossing signal line is bullish signal.
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Stock news
Greenlight Capital Fund recently released its Q3 2020 Investor Letter, a copy of which you can download here. The fund posted a return of 5.9% for the quarter, underperforming its benchmark, the S&P 500 Index which returned 8.9% in the same quarter. You should check out Greenlight Capital’s top 5 stock picks for investors to […]
SYNNEX's (SNX) fourth-quarter fiscal 2020 results benefit from growth in both Technology Solutions and Concentrix businesses.
Ribbon (RBBN) expands reseller partnership with Synnex to augment footprint in the Caribbean and Latin America region on the back of its UC&C-enabling Edge solutions.
Joining me today to review our financial results are Dennis Polk, President and CEO and Marshall Witt, CFO. Before we continue, let me remind everyone that today's discussion contains forward-looking statements within the meaning of the federal securities laws including predictions, estimates, projections or other statements about future events, strategies, demand, growth, expenses, costs and service models.
Synnex (SNX) delivered earnings and revenue surprises of 36.03% and 12.88%, respectively, for the quarter ended November 2020. Do the numbers hold clues to what lies ahead for the stock?
SYNNEX Corporation (NYSE: SNX), a leading provider of distribution, systems design and integration services for the technology industry, today announced financial results for the fiscal fourth quarter and fiscal year ended November 30, 2020.