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Stock Trend Analysis Report
Prepared for you on Saturday, September 14, 2024.
Synopsys, Inc. (NASDAQ:SNPS)
Countertrend Down (-85) - SNPS is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Sep 3rd, 2024 at 506.3300
The short-term trend has been UP since Sep 11th, 2024 at 482.0000
Smart Scan Analysis for SNPS
Based on our trend formula, SNPS is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 488.95 | 494.77 | 485.00 | 490.33 | +1.38 |
| Prev. Close | Volume | Bid | Ask | Time |
| 490.07 | 766407 | 2024-09-13 15:58:54 |
| 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 | 440.62 | 52wk Low Date | 2023-09-26 |
| Year End Close | 31.8354 | Average Volume | 1,209,326 |
| 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 | 50.8264 | Beta | 0.59 |
| Volatility | 36.78 |