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Stock Trend Analysis Report

Prepared for you on Thursday, March 23, 2023.

Synopsys, Inc. (NASDAQ:SNPS)

Strong Uptrend (+100) - SNPS is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SNPS continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
375.47 381.13 371.23 379.34 +7.99
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 Mar 16th, 2023 at 374.31

short term up The short-term trend has been UP since Mar 16th, 2023 at 370.20

Smart Scan Analysis for SNPS

Based on our trend formula, SNPS is rated as a +100 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
375.47 381.13 371.23 379.34 +7.99
Prev. Close Volume Bid Ask Time
371.35 805521 2023-03-23 15:59:50
Year High103.4Year High Date2018-09-14
Year Low80.13Year Low Date2018-04-02
52wk High391.1752wk High Date2022-08-15
52wk Low255.0252wk Low Date2022-05-12
Year End Close31.8354Average Volume852,971
Shares Outstanding152,302Short Interest1,190,955
% Institutional90.5Market Cap20,234M
P/E Ratio61.3802Beta0.59
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