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(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 2024-10-23 View latest technical analysis

10 day averaged volume of Synopsys Inc is 1036000

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	493.41	498.14	502.42	489.77	0.631 times
22 Tue Oct 2024	502.41	500.90	503.55	495.39	0.744 times
21 Mon Oct 2024	505.59	501.93	507.50	501.12	0.792 times
18 Fri Oct 2024	507.03	500.65	513.68	499.05	0.833 times
17 Thu Oct 2024	504.69	511.24	514.72	501.50	1.086 times
16 Wed Oct 2024	501.35	515.97	515.97	495.50	1.604 times
15 Tue Oct 2024	517.56	548.30	550.59	515.69	1.442 times
14 Mon Oct 2024	545.46	544.31	547.13	541.64	0.899 times
11 Fri Oct 2024	539.92	531.97	541.23	530.00	0.797 times
10 Thu Oct 2024	533.08	526.08	536.42	525.34	0.9 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 495.5, but if it comes above 495.5, then a intra day buy could be more profitable.
If you take a sell trade below 495.5, then use 495.5 as stoploss and 477.3 as target. However if you take a buy trade in stock , then use 495.5 as stoploss and 510.71 as target.

Share price targets for Synopsys Inc (SNPS)

Target Type	Value
Downside Target	457.52
Downside Target	474.57
Downside Target	489.45
Upside Target	507.50
Upside Target	522.19
Upside Target	541.23
Upside Target	549.97
Upside Target	550.59
Upside Target	585.67
Upside Target	622.99
Upside Target	624.80

Intraday share price targets for Synopsys Inc (SNPS)

Target Type	Value
Downside Intraday Target	486.29
Downside Intraday Target	479.16
Upside Intraday Target	504.02
Upside Intraday Target	514.62
Upside Intraday Target	496.89

Weekly technical analysis of Synopsys Inc (SNPS)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	493.41	501.93	507.50	489.77	0.37 times
18 Fri Oct 2024	507.03	544.31	550.59	495.50	1.3 times
11 Fri Oct 2024	539.92	493.00	541.23	489.45	1.14 times
04 Fri Oct 2024	499.12	511.48	511.48	490.56	1.023 times
27 Fri Sep 2024	513.31	507.41	525.49	497.16	0.613 times

Price has moved down 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
23 Wed Oct 2024	493.41	507.54	550.59	489.45	0.652 times
30 Mon Sep 2024	506.39	514.15	525.49	457.52	0.945 times
30 Fri Aug 2024	519.58	556.04	585.67	474.57	1.464 times
31 Wed Jul 2024	558.32	594.79	624.80	522.19	1.028 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Synopsys Inc in short term and the sell signal is strong.

Synopsys Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Synopsys Inc in short term and SELL 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 514.7 and Synopsys Inc (SNPS) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.