Synthetix Closed Yesterday Up 12.07%

The Hourly View for Synthetix

Currently, SNX’s price is up $0.01 (0.51%) from the hour prior.
This move is a reversal from the hour prior, which saw price move down.
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe.
Of note is that the 50 hour changed directions on SNX; it is now pointing up. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Synthetix’s hourly price chart is shown below.

Currently, SNX’s price is up $0.3 (12.07%) from the day prior.
This is a reversal of the price action on the previous day, in which price moved down.
Regarding the trend, note that the strongest trend exists on the 50 day timeframe.
The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
Divergence between SNX’s price and its RSI may be manifesting. As such, be on the lookout for trend reversal in SNX’s price.

Below is a daily price chart of Synthetix.

Over the past 29 weeks, the trend for SNX’s daily large transaction count has been choppy and unclear. It has oscillated between 3 and 163.
SNX’s average transaction value now stands at 21974.7087.
SNX has a daily transaction count of 1431, up 22.31% from its value day prior.

5 Low Price-to-Book Value Stocks to Buy for Great Returns – Kinjel Shah
May 13, 2022
The P/B ratio helps to identify low-priced stocks that have high growth prospects. Signet Jewelers Limited (SIG), Vishay Intertechnology (VSH), Group 1 Automotive (GPI), Harley-Davidson (HOG), and TD SYNNEX Corporation (SNX) are some such picks.