Technical Analysis for SNPS - Synopsys, Inc.

Grade Last Price % Change Price Change
C 569.09 0.42% 2.36
SNPS closed down 0.45 percent on Friday, May 17, 2024, on 62 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
Earnings due: May 22
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Overbought Stochastic Strength 0.42%
Stochastic Sell Signal Bearish -0.03%
Upper Bollinger Band Walk Strength -0.03%
Earnings Movers Other -0.03%
Inside Day Range Contraction -0.03%
Overbought Stochastic Strength -0.03%
Upper Bollinger Band Touch Strength -0.03%
Expansion Pivot Buy Setup Bullish Swing Setup -1.92%
Pocket Pivot Bullish Swing Setup -1.92%
Earnings Movers Other -1.92%

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Profile

Synopsys, Inc. Description

Synopsys, Inc. provides core electronic design automation (EDA) solutions primarily in the United States, Europe, Japan, and the rest of Asia Pacific. Its EDA solutions include Galaxy Design platform for use in the design of an integrated circuit (IC); Discovery Verification platform for use in the verification of an IC behavior; and FPGA design complex chips products that are customized or programmed to perform a specific function after they are manufactured. The company also provides manufacturing solutions comprising technology-CAD device and process simulation, Proteus OPC optical proximity correction, CATS mask data preparation, and Yield Explorer and Odyssey Yield Management solutions that enable semiconductor manufacturers to develop fabrication processes. In addition, it provides a range of DesignWare IP solutions consisting of solutions for interfaces, such as USB, PCI Express, DDR, Ethernet, SATA, and HDMI; analog IP for high-definition video, analog-to-digital data conversion, and audio; system-on-chip (SoC) infrastructure IP, including datapath IP, AMBA interconnect fabric and peripherals, and verification IP; logic libraries and embedded memories; and configurable processor cores. Further, the company offers system-level solutions, including Platform Architect that enables exploration of SoC architectural trade-offs; SPW and System Studio solutions for algorithm design; Processor Designer solutions for custom processor design; Synphony Model and C Compiler solutions for high-level synthesis; Virtualizer tool and transaction-level models, which enable the creation of virtual prototypes; and HAPS FPGA-based prototyping systems that integrate hardware and software tools with real-world interfaces to enable hardware-software integration and full system validation. Additionally, it provides consulting and design services for various phases of the SoC development process. The company was founded in 1986 and is headquartered in Mountain View, California.


Classification

Sector: Technology
Industry: Software - Application
Keywords: S&P 500 Nasdaq 100 Electronics Semiconductor Integrated Circuits Electrical Engineering Electronic Engineering Ethernet Usb Electronic Design Software Tools Hardware Acceleration Semiconductor Manufacturers Manufacturing Solutions Prototypes Computer Aided Design Electronic Design Automation Field Programmable Gate Array System On Chip FPGA System On A Chip Yield Management Hdmi Hillsboro Yield Management Solutions

Is SNPS a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 629.38
52 Week Low 390.58
Average Volume 909,311
200-Day Moving Average 516.78
50-Day Moving Average 557.06
20-Day Moving Average 544.38
10-Day Moving Average 558.55
Average True Range 13.02
RSI (14) 58.16
ADX 15.67
+DI 33.59
-DI 19.96
Chandelier Exit (Long, 3 ATRs) 543.90
Chandelier Exit (Short, 3 ATRs) 547.26
Upper Bollinger Bands 578.55
Lower Bollinger Band 510.20
Percent B (%b) 0.83
BandWidth 12.56
MACD Line 4.84
MACD Signal Line 0.13
MACD Histogram 4.709
Fundamentals Value
Market Cap 86.44 Billion
Num Shares 153 Million
EPS 7.94
Price-to-Earnings (P/E) Ratio 71.38
Price-to-Sales 15.02
Price-to-Book 14.28
PEG Ratio 2.63
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 580.22
Resistance 3 (R3) 580.66 576.61 577.97
Resistance 2 (R2) 576.61 573.17 576.39 577.22
Resistance 1 (R1) 571.67 571.05 569.64 571.23 576.47
Pivot Point 567.61 567.61 566.60 567.39 567.61
Support 1 (S1) 562.67 564.18 560.65 562.23 556.99
Support 2 (S2) 558.62 562.05 558.40 556.24
Support 3 (S3) 553.68 558.62 555.49
Support 4 (S4) 553.24