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SYNOPSYS INC (SNPS) Stock Technical Analysis

NASDAQ:SNPS - Nasdaq - US8716071076 - Common Stock - Currency: USD

601.55  -8.13 (-1.33%)

After market: 602.5 +0.95 (+0.16%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to SNPS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SNPS is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
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 500.01 - 618.49 range, which is quite wide. It is currently trading near the high of this range.
SNPS has an average volume of 1788540 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 80% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
SNPS is an average performer in the Software industry, it outperforms 68% of 282 stocks in the same industry.
Weekly and Daily overview Charts
SYNOPSYS INC / SNPS Weekly stock chart
SYNOPSYS INC / SNPS Daily stock chart
Setup Rating and Analysis

5

Although SNPS has an excellent technical rating, the quality of the presented setup is not ideal 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

490.44

607.57

We found 3 important support areas.

  • Support @549.52 from a horizontal line in the daily time frame.
  • A support zone ranging from 512.71 to 523.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @495.39 from a trend line in the daily time frame.

Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for SNPS is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for SNPS is up.
ChartMill Relative Strength80.56POSITIVESNPS has a high relative strength, it outperformed 80.56% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of SNPS is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of SNPS is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of SNPS is above the rising SMA(200).
Relative Strength Index/RSI (14)69.87NEUTRALThe RSI value for SNPS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)3.23POSITIVEThe MACD value suggests SNPS has a positive trend, although the MACD value is declining.
Stochastics (14,3)87.8OVERBOUGHTThe high Stochastics value suggests SNPS may be overbought.
Average True Range in percent/ATR (20)3.29MEDIUM VOLATILITYThe ATR as a percentage value for SNPS suggests some volalility.
Average Directional Index/ADX (14)41.89POSITIVEThe high ADX value value for SNPS suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
SYNOPSYS INC / SNPS Daily stock chart

SYNOPSYS INC

NASDAQ:SNPS (7/25/2025, 8:26:04 PM)

After market: 602.5 +0.95 (+0.16%)

601.55

-8.13 (-1.33%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.33%
1 Week2.87%
2 Weeks7.56%
1 Month21.35%
3 Month34.69%
6 Month10.14%
12 Month10.1%
2 Year33.15%
3 Year63.69%
5 Year201.95%
10 Year1083.22%
15 Year2654.35%
Volatility
ATR(14)19.98
ATR(20)%3.29%
ATR Inc-55.4%
Range Today10.79
ADR(20)18.54
ADR(20)%3.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.56
Mansfield0.95
10 Day High618.49
10 Day Low542.49
20 Day High618.49
20 Day Low500.01
52 Week High618.49
52 Week Low365.74
CS1 End549.52
CR1 StartN/A
Volume & EV
DER(3)2.64%
DER(5)0.91%
Volume1.82M
Volume Incr-2.45%
Vol(5)2.11M
Vol(50)1.79M