SYNOPSYS INC (SNPS) Stock Technical Analysis
NASDAQ:SNPS - Nasdaq - US8716071076 - Common Stock - Currency: USD
Taking everything into account, SNPS scores 0 out of 10 in our technical rating. SNPS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, SNPS is a bad performer in the overall market: 84% of all stocks are doing better.
SNPS is part of the Software industry. There are 284 other stocks in this industry, of which 69% are performing better than SNPS.
SNPS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month SNPS has a been trading in the 472.74 - 553.27 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
SNPS has an average volume of 1082660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
The technical rating of SNPS is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
470.09
579.38
2 important resistance areas can be observed.
- A resistance zone ranging from 510.39 to 535.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @573.64 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.98
Mansfield-1.86
10 Day High545.65
10 Day Low472.74
20 Day High553.27
20 Day Low472.74
52 Week High624.8
52 Week Low457.52
Performance
1 Week-10.12%
2 Weeks-10.94%
1 Month-13.91%
3 Month-15.97%
6 Month-11.97%
12 Month-17.51%
2 Year30.54%
3 Year52%
5 Year244.26%
10 Year923.14%
15 Year2068.22%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-5.45
RSI(14)35.07
LBB485.09
UBB550.24
474.84
-19.13 (-3.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-3.87%
1 Week-10.12%
2 Weeks-10.94%
1 Month-13.91%
3 Month-15.97%
6 Month-11.97%
12 Month-17.51%
2 Year30.54%
3 Year52%
5 Year244.26%
10 Year923.14%
15 Year2068.22%
Volatility
ATR(14)15.88
ATR(20)%3.6%
ATR Inc7.01%
Range Today21
ADR(20)15.13
ADR(20)%3.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.98
Mansfield-1.86
10 Day High545.65
10 Day Low472.74
20 Day High553.27
20 Day Low472.74
52 Week High624.8
52 Week Low457.52
CS1 EndN/A
CR1 Start510.39
Volume & EV
DER(3)0.12%
DER(5)-0.23%
Volume1.37M
Volume Incr42.06%
Vol(5)1.42M
Vol(50)1.08M