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Archive - 10/3/2025 - Sign In to see current Signals. |
Synopsys (SNPS) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Synopsys (SNPS). During the week, the SNPS dropped -18.59 points, or -3.81%, and closed at 469.17 on Friday, October 3, 2025. Weekly volume was 60% above average.
Long-term trend: [See SNPS long-term trend chart] A long-term downtrend had started on February 22, 2024 at 629.38 and reached 365.70 on April 7, 2025. SNPS lost 263.68 points, or 41.90%, in 58 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 286.63 and resistance is at 554.95. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend.
Medium-term trend: [See SNPS medium-term trend chart] A medium-term downtrend had started on July 30, 2025 at 651.73 and reached 380.84 on September 10, 2025. SNPS lost 270.89 points, or 41.56%, in 6 weeks. The price is now at the 32.61% retracement level.
Weekly Technical Indicators: [See SNPS weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since September 5, 2025. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See SNPS short-term trend chart] A short-term uptrend had started on September 10, 2025 at 380.84 and reached 515.64 on September 22, 2025. SNPS gained -134.80 points, or -35.40%, in 12 days. The price is now at the 34.47% retracement level.
Daily Technical Indicators: [See SNPS daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since September 22, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger. The distance between the Bollinger Bands is 143.50% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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