SYNOPSYS INC (SNPS)

US8716071076 - Common Stock

560.91  +2.97 (+0.53%)

Technical Rating and Analysis

6

Overall SNPS gets a technical rating of 6 out of 10. In the past year, SNPS was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.

SNPS is one of the lesser performing stocks in the Software industry. 62% of 279 stocks in the same industry do better.
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 495.91 - 574.64 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, SNPS turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
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.
Weekly and Daily overview Charts
SNPS Weekly chart
SNPS Daily chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

477.24

627.52

4 important support areas can be observed.

  • Support @558.32 from a horizontal line in the daily time frame.
  • A support zone ranging from 512.14 to 519.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 493.40 to 501.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @482.06 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

  • Resistance @568.17 from a trend line in the daily time frame.
  • A resistance zone ranging from 621.31 to 621.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.62
Mansfield-0.93
10 Day High573.84
10 Day Low515
20 Day High574.64
20 Day Low495.91
52 Week High629.38
52 Week Low457.52
Performance
1 Week1.76%
2 Weeks-2.73%
1 Month12.66%
3 Month3.44%
6 Month-5.02%
12 Month2.81%
2 Year64.32%
3 Year63.62%
5 Year295.59%
10 Year1185.87%
15 Year2383.04%
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)-0.44
RSI(14)59.07
LBB511.92
UBB577.94
SNPS Daily chart

SYNOPSYS INC

NASDAQ:SNPS (11/22/2024, 10:59:04 AM)

560.91

+2.97 (+0.53%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.53%
1 Week1.76%
2 Weeks-2.73%
1 Month12.66%
3 Month3.44%
6 Month-5.02%
12 Month2.81%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)16.57
ATR(20)%3.04%
ATR Inc
Range Today3.29
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High573.84
10 Day Low515
20 Day High574.64
20 Day Low495.91
52 Week High629.38
52 Week Low457.52
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume206.41K
Volume Incr-3.36%
Vol(5)818.34K
Vol(50)930.28K