(SNPS) Synopsys Inc complete technical analysis [charts+indicators] | Buy/Sell Synopsys Inc | (SNPS) share price targets
Complete technical analysis of Synopsys Inc (SNPS) by charts plus indicators, forecast predictions and share price targets for Synopsys Inc (SNPS)
Synopsys Inc trades in USA in Technology sector.
Showing technical analysis as on 2024-08-20 View latest technical analysis
10 day averaged volume of Synopsys Inc is 929894
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 557.03 | 558.74 | 565.87 | 553.50 | 0.753 times |
| 19 Mon Aug 2024 | 558.22 | 549.00 | 558.78 | 544.82 | 0.797 times |
| 16 Fri Aug 2024 | 549.00 | 548.00 | 554.08 | 543.38 | 0.624 times |
| 15 Thu Aug 2024 | 548.28 | 541.68 | 549.29 | 538.50 | 0.669 times |
| 14 Wed Aug 2024 | 530.80 | 530.41 | 534.00 | 524.21 | 0.66 times |
| 13 Tue Aug 2024 | 528.64 | 530.00 | 534.38 | 526.14 | 0.839 times |
| 12 Mon Aug 2024 | 520.84 | 523.04 | 528.44 | 517.95 | 0.67 times |
| 09 Fri Aug 2024 | 524.73 | 512.28 | 526.32 | 512.28 | 0.917 times |
| 08 Thu Aug 2024 | 515.03 | 504.40 | 518.13 | 493.71 | 1.194 times |
| 07 Wed Aug 2024 | 489.97 | 513.20 | 520.98 | 488.45 | 2.045 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 553.2, but if it comes below 553.2, then a intra day sell could be more profitable.
If you take a sell trade below 553.2, then use 553.2 as stoploss and 531.32 as target. However if you take a buy trade in stock , then use 553.2 as stoploss and 579.4 as target.
Share price targets for Synopsys Inc (SNPS)
| Target Type | Value |
| Downside Target | 474.57 |
| Downside Target | 508.19 |
| Downside Target | 537.09 |
| Upside Target | 565.87 |
| Upside Target | 569.00 |
| Upside Target | 592.71 |
| Upside Target | 593.98 |
| Upside Target | 605.45 |
| Upside Target | 622.99 |
| Upside Target | 624.80 |
Intraday share price targets for Synopsys Inc (SNPS)
| Target Type | Value |
| Downside Intraday Target | 545.94 |
| Downside Intraday Target | 534.86 |
| Upside Intraday Target | 566.99 |
| Upside Intraday Target | 576.96 |
| Downside Intraday Target | 555.91 |
Weekly technical analysis of Synopsys Inc (SNPS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 557.03 | 549.00 | 565.87 | 544.82 | 0.448 times |
| 16 Fri Aug 2024 | 549.00 | 523.04 | 554.08 | 517.95 | 0.436 times |
| 09 Fri Aug 2024 | 524.73 | 475.00 | 526.32 | 474.57 | 1.049 times |
| 02 Fri Aug 2024 | 505.78 | 550.25 | 569.00 | 483.70 | 1.473 times |
| 26 Fri Jul 2024 | 546.38 | 573.00 | 593.98 | 537.09 | 1.049 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Synopsys Inc (SNPS)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 557.03 | 556.04 | 569.00 | 474.57 | 0.902 times |
| 31 Wed Jul 2024 | 558.32 | 594.79 | 624.80 | 522.19 | 1.028 times |
| 28 Fri Jun 2024 | 595.06 | 564.98 | 622.99 | 549.97 | 0.993 times |
| 31 Fri May 2024 | 560.80 | 528.17 | 605.45 | 512.12 | 0.86 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Synopsys Inc (SNPS)
Price action analysis of Synopsys Inc ( (SNPS) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Synopsys Inc ( (SNPS) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Synopsys Inc ( (SNPS) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Synopsys Inc ( (SNPS) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Synopsys Inc stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Synopsys Inc in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Synopsys Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Synopsys Inc in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Synopsys Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 525.16 and Synopsys Inc (SNPS) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Synopsys Inc (SNPS) stock. Volume based technical analysis of Synopsys Inc (SNPS) stock is negative.
Synopsys Inc Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Synopsys Inc ( (SNPS) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Synopsys Inc ( (SNPS) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Synopsys Inc ( (SNPS) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Synopsys Inc ( (SNPS) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Synopsys Inc stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Synopsys Inc in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Synopsys Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Synopsys Inc in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Synopsys Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 525.16 and Synopsys Inc (SNPS) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Synopsys Inc (SNPS) stock. Volume based technical analysis of Synopsys Inc (SNPS) stock is negative.
Synopsys Inc Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.