|
|
Downtrend ResistanceArchive
- 7/18/2025 -
Sign In to see current Signals. |
Synopsys (SNPS) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a fourth consecutive positive week for the Synopsys (SNPS). During the week, the SNPS gained 25.48 points, or 4.56%, and closed at 584.76 on Friday, July 18, 2025. Weekly volume was 296% above average.
SNPS is a member of Information Technology Sector. Information Technology is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 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 price is near the trend resistance line (564.87). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.
 Medium-term trend: [See SNPS medium-term trend chart]
A medium-term uptrend had started on April 7, 2025 at 365.70 and reached 600.90 on July 18, 2025. SNPS gained -235.20 points, or -64.32%, in 14 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (497.03) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See SNPS weekly technical indicators chart]
Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. Weekly Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is above its signal line since May 2, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 June 23, 2025 at 460.89 and reached 600.90 on July 18, 2025. SNPS gained -140.01 points, or -30.38%, in 25 days. The price is now at the 11.53% retracement level.
 Daily Technical Indicators: [See SNPS daily technical indicators chart]
Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Daily Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bearish divergence.
The daily MACD line is above its signal line since June 26, 2025. This is an indication that the short-term trend is up.
| |
|
|