SNX: Bull Flag detected on 21 Apr 2026
All prices, scores, and news on this page reflect data available before market open on .
Overall Score
84
of 100
Strong
Win Probability
62%
Moderate
Reward / Risk
0.5
: 1
$1.42 reward
$-3.03 risk
Current Setup
SNX formed a bull flag after reporting Q1 earnings on March 31 with $4.73 EPS, beating consensus by $1.49. The pattern shows strong technical structure (15.0/15) with tight consolidation between key support at $201.17 and resistance at $207.29, currently trading at $217.88 near 52-week highs. Breakout quality scores 12.6/13, indicating a clean, higher-probability setup. Volume ratio of 0.75x average reflects below-average participation—a minor caution. MACD histogram remains positive at 2.43, supporting bullish momentum preservation within the flag structure.
Stock Context
TD SYNNEX beat Q1 consensus estimates by $1.49 EPS and raised Q2 FY26 guidance to $3.75–4.25 EPS (consensus $3.37) and revenue to $16.1B–$16.9B. On April 2, Goldman Sachs raised its price target to $205 from $180, citing earnings upside and Hyve business potential. Zacks upgraded SNX from 'hold' to 'strong-buy,' attracting momentum buyers. Royal Bank of Canada raised target to $210. JPMorgan Chase raised target to $220 on April 17. The stock has surged 40.6% in one month and 45.6% in three months, capturing AI-infrastructure tailwinds and strong distribution execution. Analyst sentiment is decidedly constructive with multiple target raises post-earnings.
What to Expect
A successful bull flag breakout above $207.29 resistance would target $225.07 (conservative measured move), representing ~3.3% upside from current price. The pattern suggests continuation of the two-month rally. Breakout confirmation requires volume exceeding the 20-day average of 1.05M shares (current 782K is below average). The setup invalidates decisively below $201.17, which would negate the bullish structure and suggest mean-reversion risk. Historical win probability of 61.92% indicates a favorable but not overwhelming probability—typical for bull flags in strong uptrends. RSI at 84.93 signals overbought conditions, suggesting potential resistance to additional gains without a pullback first.
Risk Factors
SNX exhibits elevated overbought technicals with RSI at 84.93, creating pullback vulnerability. The stock has rallied 90%+ over one year, and multiple sources note valuation risk after the sharp run. Analyst coverage highlights stretched multiples against the rapid appreciation. Volume is below average (0.75x ratio), weakening conviction in the breakout setup. Beta of 1.21 amplifies market volatility exposure. Insider selling activity noted: Director Richard Hume sold 25,000 shares at $160.67 in late January, though modest relative to position size. No imminent earnings risk (guidance updated post-March 31), but macro/geopolitical uncertainties persist per management commentary. Volatility at 45% annualized is elevated; macro shocks could trigger rapid reversal.
Sources:
TD SYNNEX - Investor Relations
·
TD SYNNEX (NYSE:SNX) Releases Q2 2026 Earnings Guidance - Markets Daily
·
TD SYNNEX Corporation (SNX) Latest Stock News & Headlines - Yahoo Finance
·
What date does TD SYNNEX CORP's (SNX) report Earnings - Earnings Calendar & Announcement
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TD SYNNEX Corporation (SNX) Latest Press Releases & Corporate News - Yahoo Finance
·
TD SYNNEX (SNX) Could Be Entering A Stronger Earnings Phase
·
TD SYNNEX Shatters Earnings Expectations, Outlines Promising Q2 Forecast
·
TD SYNNEX Corporation Common Stock (SNX) Earnings Report Dates & Earnings Forecasts | Nasdaq
·
TD SYNNEX (SNX) Earnings Date and Reports 2026 $SNX
·
Why Is TD Synnex Stock Gaining Tuesday? - TD Synnex (NYSE:SNX) - Benzinga
·
TD SYNNEX Corporation (SNX) Stock Price, News, Quote & History - Yahoo Finance
·
TD SYNNEX jumps after blowout fiscal Q1 results and upbeat outlook | SNX Stock News
·
TD SYNNEX (NYSE:SNX) Releases Q2 2026 Earnings Guidance - Markets Daily
·
TD SYNNEX (NYSE:SNX) Price Target Raised to $220.00 - Daily Political
·
TD SYNNEX Corporation (SNX) Stock Price, Quote, News & Analysis | Seeking Alpha
·
TD SYNNEX Corporation (SNX) Latest Stock News & Headlines - Yahoo Finance
·
TD SYNNEX Shatters Earnings Expectations, Outlines Promising Q2 Forecast
·
SNX - TD Synnex Corp Stock Price and Quote
·
TD SYNNEX - Stock Info
·
TD SYNNEX: SNX Stock Price Quote & News | Robinhood
Market & Sector Regime
Market
Bullish
0.94
-1.0
0
+1.0
Technology Sector
Bullish
0.79
-1.0
0
+1.0
Overall Score
40
of 40
Pattern Quality
18
of 20
Setup
11
of 20
R/R
15
of 18
Context
Pattern Quality Score
15
of 15
Structure
13
of 13
Breakout
12
of 12
Volume
Recent Performance
Momentum & Trend
RSI (14)
84.9
Overbought
MACD Histogram
+2.43
Strong Bullish
Bollinger Band Position
86.2%
Upper Zone
Volatility & Risk
20-Day Volatility
0.45
High
ATR %
3.9%
Medium
Beta
1.21
Above Mkt
Volume Analysis
Volume Ratio
0.75x
Below Avg
20-Day Avg Vol
1.0M
shares / day
Current Volume
782K
shares traded
Price Levels
Target
$225.07
52W High
$218.03
Current
$217.88
Stop Loss
$208.51
Resistance
$207.29
Support
$201.17
52W Low
$90.78
Disclaimer: This analysis is algorithmically generated for educational purposes only and does not constitute financial advice. Past pattern performance does not guarantee future results. Win probabilities are based on historical data across 370,000+ observations. Always conduct your own research and consult a qualified financial advisor. AI-assisted contextual analysis by Claude (Anthropic). Indicators reflect values at time of detection.