Logo image of SYP.DE

SYNOPSYS INC (SYP.DE) Stock Technical Analysis

FRA:SYP - Deutsche Boerse Ag - US8716071076 - Common Stock - Currency: EUR

500.9  -3.3 (-0.65%)

Technical Rating and Analysis

4

Taking everything into account, SYP scores 4 out of 10 in our technical rating. SYP has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

84% of all other stocks performed better in the past year than SYP.
Warning: SYP has an average volume of 225 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
SYP is an average performer in the Software industry, it outperforms 50% of 98 stocks in the same industry.
SYP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SYP is lagging the market.
In the last month SYP has a been trading in the 473.30 - 531.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
SYNOPSYS INC / SYP Weekly stock chart
SYNOPSYS INC / SYP Daily stock chart
Setup Rating and Analysis

6

SYP has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 521.39. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

440.71

575.31

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 496.85 to 500.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 466.04 to 485.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @457.50 from a horizontal line in the daily time frame.
  • Support @445.16 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 521.39 to 524.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 569.60 to 569.61. 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
CRS16.26
Mansfield-0.93
10 Day High531.6
10 Day Low483.9
20 Day High531.6
20 Day Low473.3
52 Week High585.4
52 Week Low412
Performance
1 Week2.51%
2 Weeks-1.61%
1 Month5.4%
3 Month-4.77%
6 Month5.37%
12 Month-6.81%
2 Year45.8%
3 Year79.21%
5 Year324.78%
10 YearN/A
15 YearN/A
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)-0.28
RSI(14)50.44
LBB485.09
UBB531.66
SYNOPSYS INC / SYP Daily stock chart

SYNOPSYS INC

FRA:SYP (2/4/2025, 7:00:00 PM)

500.9

-3.3 (-0.65%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.65%
1 Week2.51%
2 Weeks-1.61%
1 Month5.4%
3 Month-4.77%
6 Month5.37%
12 Month-6.81%
2 Year45.8%
3 Year79.21%
5 Year324.78%
10 YearN/A
15 YearN/A
Volatility
ATR(14)13.47
ATR(20)%2.5%
ATR Inc-14.85%
Range Today4.2
ADR(20)9.24
ADR(20)%1.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.26
Mansfield-0.93
10 Day High531.6
10 Day Low483.9
20 Day High531.6
20 Day Low473.3
52 Week High585.4
52 Week Low412
CS1 End500.54
CR1 Start521.39
Volume & EV
DER(3)0%
DER(5)0%
Volume90
Volume Incr-14.35%
Vol(5)180.2
Vol(50)225.34