Technical Analysis for SNPS - Synopsys, Inc.

Grade Last Price % Change Price Change
A 453.76 0.98% 4.40
SNPS closed down 1.14 percent on Friday, June 2, 2023, on 1.11 times normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
1,2,3 Pullback Bullish Bullish Swing Setup 0.98%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.98%
Calm After Storm Range Contraction 0.98%
Inside Day Range Contraction 0.98%
Wide Bands Range Expansion 0.98%
Overbought Stochastic Strength 0.98%
Down 3 Days in a Row Weakness 0.98%
Upper Bollinger Band Walk Strength -0.17%
Wide Bands Range Expansion -0.17%
Overbought Stochastic Strength -0.17%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Up 1% about 1 hour ago
60 Minute Opening Range Breakout about 3 hours ago
Fell Below Previous Day's Low about 4 hours ago
Possible Inside Day 3 days ago
1.5x Volume Pace 3 days ago

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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.


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


Indicator Value
52 Week High 468.03
52 Week Low 267.0
Average Volume 887,047
200-Day Moving Average 346.12
50-Day Moving Average 386.64
20-Day Moving Average 402.68
10-Day Moving Average 430.13
Average True Range 12.66
RSI (14) 71.51
ADX 38.17
+DI 44.43
-DI 11.41
Chandelier Exit (Long, 3 ATRs) 430.06
Chandelier Exit (Short, 3 ATRs) 403.43
Upper Bollinger Bands 471.02
Lower Bollinger Band 334.35
Percent B (%b) 0.84
BandWidth 33.94
MACD Line 21.06
MACD Signal Line 14.36
MACD Histogram 6.7044
Fundamentals Value
Market Cap 68.2 Billion
Num Shares 152 Million
EPS 4.27
Price-to-Earnings (P/E) Ratio 105.24
Price-to-Sales 9.91
Price-to-Book 7.29
PEG Ratio 2.97
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 464.79
Resistance 3 (R3) 465.90 461.88 462.22
Resistance 2 (R2) 461.88 457.95 461.32 461.36
Resistance 1 (R1) 455.62 455.52 453.61 454.50 460.50
Pivot Point 451.59 451.59 450.59 451.03 451.59
Support 1 (S1) 445.33 447.66 443.32 444.22 438.22
Support 2 (S2) 441.31 445.24 440.75 437.36
Support 3 (S3) 435.05 441.31 436.50
Support 4 (S4) 433.93