SYNOPSYS INC (SNPS) Stock Technical Analysis
NASDAQ:SNPS - Nasdaq - US8716071076 - Common Stock
Overall SNPS gets a technical rating of 6 out of 10. In the last year, SNPS was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month SNPS has a been trading in the 478.84 - 535.48 range, which is quite wide. It is currently trading near the high of this range.
SNPS has an average volume of 1108550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, SNPS outperforms 51% of them, which is more or less in line with the market.
SNPS is an average performer in the Software industry, it outperforms 40% of 285 stocks in the same industry.
SNPS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SNPS is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SNPS has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
459.32
593.89
2 important support areas can be observed.
- A support zone ranging from 482.75 to 504.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 463.96 to 463.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @539.77 from a trend line in the weekly time frame.
- A resistance zone ranging from 565.08 to 588.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.57
Mansfield-1.15
10 Day High535.48
10 Day Low484.66
20 Day High535.48
20 Day Low478.84
52 Week High629.38
52 Week Low457.52
Performance
1 Week8.68%
2 Weeks7.3%
1 Month7.14%
3 Month5.62%
6 Month-3.04%
12 Month0.31%
2 Year49.75%
3 Year70.61%
5 Year259.13%
10 Year1132.26%
15 Year2390.6%
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)5.76
RSI(14)60.35
LBB469.54
UBB528.9
SYNOPSYS INC
NASDAQ:SNPS (1/21/2025, 8:00:02 PM)
After market: 530.14 +0.39 (+0.07%)529.75
+3.05 (+0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.58%
1 Week8.68%
2 Weeks7.3%
1 Month7.14%
3 Month5.62%
6 Month-3.04%
12 Month0.31%
2 Year49.75%
3 Year70.61%
5 Year259.13%
10 Year1132.26%
15 Year2390.6%
Volatility
ATR(14)13.49
ATR(20)%2.53%
ATR Inc-12.19%
Range Today8.41
ADR(20)11.68
ADR(20)%2.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.57
Mansfield-1.15
10 Day High535.48
10 Day Low484.66
20 Day High535.48
20 Day Low478.84
52 Week High629.38
52 Week Low457.52
CS1 End504.05
CR1 Start539.77
Volume & EV
DER(3)0.44%
DER(5)0.32%
Volume1.19M
Volume Incr9.47%
Vol(5)1.11M
Vol(50)1.11M