SYNOPSYS INC (SNPS) Stock Technical Analysis
NASDAQ:SNPS - Nasdaq - US8716071076 - Common Stock - Currency: USD
Taking everything into account, SNPS scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, SNPS has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
SNPS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month SNPS has a been trading in the 486.06 - 618.49 range, which is quite wide. It is currently trading near the high of this range.
SNPS has an average volume of 1768610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, SNPS did better than 82% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
SNPS is part of the Software industry. There are 282 other stocks in this industry, SNPS did better than 69% of them.
Volume is considerably higher in the last couple of days.
SNPS has an excellent technical rating, but the quality of the setup is only medium 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
489.42
621.29
3 important support areas can be observed.
- A support zone ranging from 549.52 to 558.17. 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 510.95 to 524.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @494.36 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 609.67 to 615.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for SNPS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SNPS is up. |
| ChartMill Relative Strength | 82.17 | POSITIVE | SNPS has a high relative strength, it outperformed 82.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SNPS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SNPS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SNPS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.68 | OVERBOUGHT | The high RSI value suggests SNPS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.7 | POSITIVE | The MACD value suggests SNPS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.29 | OVERBOUGHT | The high Stochastics value suggests SNPS may be overbought. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for SNPS suggests some volalility. |
| Average Directional Index/ADX (14) | 41.08 | POSITIVE | The high ADX value value for SNPS suggests a strong trend. |
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)
NASDAQ:SNPS (7/25/2025, 3:43:07 PM)
604.7
-4.98 (-0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.82%
1 Week3.51%
2 Weeks7.68%
1 Month25.12%
3 Month36.51%
6 Month11.62%
12 Month11.59%
2 Year34.94%
3 Year65.9%
5 Year206.03%
10 Year1099.21%
15 Year2691.58%
Volatility
ATR(14)20.24
ATR(20)%3.24%
ATR Inc-49.06%
Range Today7.19
ADR(20)18.53
ADR(20)%3.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.17
Mansfield1.14
10 Day High618.49
10 Day Low542.49
20 Day High618.49
20 Day Low486.06
52 Week High618.49
52 Week Low365.74
CS1 End558.17
CR1 StartN/A
Volume & EV
DER(3)0.54%
DER(5)0.45%
Volume1.13M
Volume Incr22.18%
Vol(5)2.49M
Vol(50)1.77M