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Stock Trend Analysis Report

Prepared for you on Friday, October 4, 2024.

Synopsys, Inc. (NASDAQ:SNPS)

Weak Downtrend (-65) - SNPS is showing signs of a strengthening downtrend. Monitor SNPS as it may be building momentum to the downside.

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.

NASDAQ_SNPS
Open High Low SNPS Price Change
490.58 499.15 490.58 494.98 -1.84
Entry Signal

MarketClub’s Trade Triangles for SNPS

long term down The long-term trend has been DOWN since Aug 2nd, 2024 at 512.1201

intermediate term up The intermediate-term trend has been UP since Sep 26th, 2024 at 521.4300

short term down The short-term trend has been DOWN since Sep 30th, 2024 at 503.8200

Smart Scan Analysis for SNPS

Based on our trend formula, SNPS is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for SNPS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
490.58 499.15 490.58 494.98 -1.84
Prev. Close Volume Bid Ask Time
495.41 643785 2024-10-03 15:59:24
Year High103.4Year High Date2018-09-14
Year Low80.13Year Low Date2018-04-02
52wk High629.3852wk High Date2024-02-22
52wk Low448.9152wk Low Date2023-10-26
Year End Close31.8354Average Volume1,113,363
Shares Outstanding153,614Short Interest1,190,955
% Institutional90.5Market Cap20,234M
Assets116,486,840MLiabilities393,928,800M
P/E Ratio51.6445Beta0.59
Volatility36.78
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