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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Synopsys, Inc. (NASDAQ:SNPS)
Sidelines Mode (+55) - SNPS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for SNPS
The long-term trend has been DOWN since Aug 2nd, 2024 at 512.1201
The intermediate-term trend has been UP since Oct 9th, 2024 at 525.4900
The short-term trend has been DOWN since Nov 12th, 2024 at 553.2901
Smart Scan Analysis for SNPS
Based on our trend formula, SNPS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 516.8500 | 535.0044 | 515.0020 | 533.6900 | +9.7100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 534.0200 | 440477 | 2024-11-19 15:59:31 |
| Year High | 103.4 | Year High Date | 2018-09-14 |
| Year Low | 80.13 | Year Low Date | 2018-04-02 |
| 52wk High | 629.38 | 52wk High Date | 2024-02-22 |
| 52wk Low | 457.515 | 52wk Low Date | 2024-09-09 |
| Year End Close | 31.8354 | Average Volume | 858,614 |
| Shares Outstanding | 153,614 | Short Interest | 1,190,955 |
| % Institutional | 90.5 | Market Cap | 20,234M |
| Assets | 116,486,840M | Liabilities | 393,928,800M |
| P/E Ratio | 54.4678 | Beta | 0.59 |
| Volatility | 36.78 |