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Stock Trend Analysis Report

Prepared for you on Saturday, December 2, 2023.

Synopsys, Inc. (NASDAQ:SNPS)

Bull Market Weakness (+75) - SNPS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SNPS as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SNPS?

MarketClub looks at technical strength and momentum to determine if the timing is right for SNPS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low SNPS Price Change
543.56 548.19 539.28 545.91 +2.68
Entry Signal

MarketClub’s Trade Triangles for SNPS

long term up The long-term trend has been UP since Dec 1st, 2022 at 342.53

intermediate term up The intermediate-term trend has been UP since Sep 29th, 2023 at 471.15

short term down The short-term trend has been DOWN since Nov 30th, 2023 at 539.15

Smart Scan Analysis for SNPS

Based on our trend formula, SNPS is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for SNPS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
543.56 548.19 539.28 545.91 +2.68
Prev. Close Volume Bid Ask Time
545.96 714496 2023-12-01 15:59:58
Year High103.4Year High Date2018-09-14
Year Low80.13Year Low Date2018-04-02
52wk High564.7852wk High Date2023-11-30
52wk Low312.2552wk Low Date2023-01-05
Year End Close31.8354Average Volume866,268
Shares Outstanding152,084Short Interest1,190,955
% Institutional90.5Market Cap20,234M
P/E Ratio81.5661Beta0.59
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