(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 2024-06-05 View latest technical analysis
10 day averaged volume of Synopsys Inc is 1058618
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 588.14 | 565.31 | 588.32 | 562.83 | 1.084 times |
| 04 Tue Jun 2024 | 561.73 | 559.55 | 563.25 | 553.18 | 0.836 times |
| 03 Mon Jun 2024 | 561.18 | 564.98 | 566.87 | 549.97 | 0.882 times |
| 31 Fri May 2024 | 560.80 | 562.08 | 564.00 | 545.01 | 1.798 times |
| 30 Thu May 2024 | 564.73 | 573.82 | 577.91 | 563.90 | 1.089 times |
| 29 Wed May 2024 | 580.21 | 580.58 | 586.35 | 576.60 | 0.937 times |
| 28 Tue May 2024 | 587.94 | 581.38 | 592.35 | 581.24 | 0.841 times |
| 23 Thu May 2024 | 586.30 | 582.10 | 605.45 | 568.46 | 1.639 times |
| 22 Wed May 2024 | 573.13 | 574.99 | 581.63 | 569.93 | 0.962 times |
| 21 Tue May 2024 | 571.53 | 573.66 | 574.00 | 566.82 | 0.547 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 579.6, but if it comes below 579.6, then a intra day sell could be more profitable.
If you take a sell trade below 579.6, then use 579.6 as stoploss and 567.5 as target. However if you take a buy trade in stock , then use 579.6 as stoploss and 594.2 as target.
Share price targets for Synopsys Inc (SNPS)
| Target Type | Value |
| Downside Target | 508.19 |
| Downside Target | 527.03 |
| Downside Target | 582.97 |
| Upside Target | 588.32 |
| Upside Target | 592.35 |
| Upside Target | 592.71 |
| Upside Target | 605.45 |
| Upside Target | 616.54 |
| Upside Target | 629.38 |
Intraday share price targets for Synopsys Inc (SNPS)
| Target Type | Value |
| Downside Intraday Target | 562.63 |
| Downside Intraday Target | 537.13 |
| Upside Intraday Target | 600.98 |
| Upside Intraday Target | 613.83 |
| Downside Intraday Target | 575.48 |
Weekly technical analysis of Synopsys Inc (SNPS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 588.14 | 564.98 | 588.32 | 549.97 | 0.601 times |
| 31 Fri May 2024 | 560.80 | 581.38 | 592.35 | 545.01 | 1.29 times |
| 23 Thu May 2024 | 586.30 | 566.73 | 605.45 | 565.18 | 1.182 times |
| 17 Fri May 2024 | 566.73 | 561.37 | 582.97 | 552.76 | 1.091 times |
| 10 Fri May 2024 | 556.71 | 539.33 | 562.93 | 537.02 | 0.728 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 |
| 05 Wed Jun 2024 | 588.14 | 564.98 | 588.32 | 549.97 | 0.168 times |
| 31 Fri May 2024 | 560.80 | 528.17 | 605.45 | 512.12 | 0.86 times |
| 30 Tue Apr 2024 | 530.59 | 578.07 | 592.71 | 508.19 | 0.998 times |
| 28 Thu Mar 2024 | 571.50 | 572.56 | 616.54 | 546.91 | 0.851 times |
Scroll below to view daily charts
Price has moved up 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Synopsys Inc ( (SNPS) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Synopsys Inc ( (SNPS) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Synopsys Inc ( (SNPS) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Synopsys Inc stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Synopsys Inc in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Synopsys Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 573.57 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 positive
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Synopsys Inc ( (SNPS) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Synopsys Inc ( (SNPS) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Synopsys Inc ( (SNPS) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Synopsys Inc stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Synopsys Inc in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Synopsys Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 573.57 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.