SYNOPSYS INC (SNPS) Stock Technical Analysis
NASDAQ:SNPS - Nasdaq - US8716071076 - Common Stock - Currency: USD
Overall SNPS gets a technical rating of 0 out of 10. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SNPS is a bad performer in the overall market: 76% of all stocks are doing better.
SNPS is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
SNPS has an average volume of 1411510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SNPS is an average performer in the Software industry, it outperforms 50% of 285 stocks in the same industry.
In the last month SNPS has a been trading in the 365.74 - 464.22 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SNPS has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 452.41. Right above this resistance zone may be a good entry point.
More info and screens
409.19
520.26
4 important resistance areas can be observed.
- A resistance zone ranging from 452.41 to 457.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @469.22 from a trend line in the daily time frame.
- Resistance @484.32 from a trend line in the daily time frame.
- Resistance @515.11 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.91
Mansfield-1.49
10 Day High432.54
10 Day Low365.74
20 Day High464.22
20 Day Low365.74
52 Week High624.8
52 Week Low365.74
Performance
1 Week1.58%
2 Weeks-1.06%
1 Month-8.15%
3 Month-21.53%
6 Month-18.48%
12 Month-19.07%
2 Year11.31%
3 Year44.12%
5 Year163.06%
10 Year781.66%
15 Year1724.01%
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)2.06
RSI(14)43.68
LBB378.21
UBB451.1
413.32
-2.33 (-0.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.56%
1 Week1.58%
2 Weeks-1.06%
1 Month-8.15%
3 Month-21.53%
6 Month-18.48%
12 Month-19.07%
2 Year11.31%
3 Year44.12%
5 Year163.06%
10 Year781.66%
15 Year1724.01%
Volatility
ATR(14)24.37
ATR(20)%4.99%
ATR Inc-44.3%
Range Today9.68
ADR(20)18
ADR(20)%4.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.91
Mansfield-1.49
10 Day High432.54
10 Day Low365.74
20 Day High464.22
20 Day Low365.74
52 Week High624.8
52 Week Low365.74
CS1 EndN/A
CR1 Start452.41
Volume & EV
DER(3)0.11%
DER(5)-0.81%
Volume1.00M
Volume Incr-20.91%
Vol(5)1.19M
Vol(50)1.41M