Technical Analysis for SNPS - Synopsys, Inc.

Grade Last Price % Change Price Change
B 601.75 1.12% 6.69
SNPS closed up 1.12 percent on Monday, July 1, 2024, on 70 percent of normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Flat

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
Shooting Star Candlestick Bearish 1.12%
Cup with Handle Other 1.12%
MACD Bearish Signal Line Cross Bearish 1.13%
Cup with Handle Other 1.13%
Outside Day Range Expansion 1.13%
180 Bullish Setup Bullish Swing Setup 0.27%
Narrow Range Bar Range Contraction 0.27%
Overbought Stochastic Strength 1.03%
Down 3 Days in a Row Weakness 1.03%

   Recent Intraday Alerts

Alert Time
Rose Above 10 DMA about 5 hours ago
10 DMA Resistance about 5 hours ago
Up 1% about 5 hours ago
60 Minute Opening Range Breakout about 9 hours ago
20 DMA Support about 10 hours ago

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Profile

Synopsys, Inc. Description

Synopsys, Inc. provides core electronic design automation (EDA) solutions primarily in the United States, Europe, Japan, and the rest of Asia Pacific. Its EDA solutions include Galaxy Design platform for use in the design of an integrated circuit (IC); Discovery Verification platform for use in the verification of an IC behavior; and FPGA design complex chips products that are customized or programmed to perform a specific function after they are manufactured. The company also provides manufacturing solutions comprising technology-CAD device and process simulation, Proteus OPC optical proximity correction, CATS mask data preparation, and Yield Explorer and Odyssey Yield Management solutions that enable semiconductor manufacturers to develop fabrication processes. In addition, it provides a range of DesignWare IP solutions consisting of solutions for interfaces, such as USB, PCI Express, DDR, Ethernet, SATA, and HDMI; analog IP for high-definition video, analog-to-digital data conversion, and audio; system-on-chip (SoC) infrastructure IP, including datapath IP, AMBA interconnect fabric and peripherals, and verification IP; logic libraries and embedded memories; and configurable processor cores. Further, the company offers system-level solutions, including Platform Architect that enables exploration of SoC architectural trade-offs; SPW and System Studio solutions for algorithm design; Processor Designer solutions for custom processor design; Synphony Model and C Compiler solutions for high-level synthesis; Virtualizer tool and transaction-level models, which enable the creation of virtual prototypes; and HAPS FPGA-based prototyping systems that integrate hardware and software tools with real-world interfaces to enable hardware-software integration and full system validation. Additionally, it provides consulting and design services for various phases of the SoC development process. The company was founded in 1986 and is headquartered in Mountain View, California.


Classification

Sector: Technology
Industry: Software - Application
Keywords: S&P 500 Nasdaq 100 Semiconductor Electronics Integrated Circuits Electrical Engineering Electronic Engineering Ethernet Usb Electronic Design Software Tools Hardware Acceleration Semiconductor Manufacturers Manufacturing Solutions Prototypes Computer Aided Design Electronic Design Automation Field Programmable Gate Array System On Chip FPGA System On A Chip Yield Management Hdmi Hillsboro Yield Management Solutions

Is SNPS a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 629.38
52 Week Low 418.5058
Average Volume 877,713
200-Day Moving Average 537.27
50-Day Moving Average 567.99
20-Day Moving Average 590.74
10-Day Moving Average 603.48
Average True Range 13.46
RSI (14) 58.16
ADX 33.53
+DI 28.43
-DI 14.75
Chandelier Exit (Long, 3 ATRs) 582.62
Chandelier Exit (Short, 3 ATRs) 585.38
Upper Bollinger Bands 622.40
Lower Bollinger Band 559.09
Percent B (%b) 0.67
BandWidth 10.72
MACD Line 8.49
MACD Signal Line 9.46
MACD Histogram -0.9681
Fundamentals Value
Market Cap 91.78 Billion
Num Shares 153 Million
EPS 7.94
Price-to-Earnings (P/E) Ratio 75.79
Price-to-Sales 15.02
Price-to-Book 14.28
PEG Ratio 2.63
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 625.17
Resistance 3 (R3) 623.47 613.95 621.27
Resistance 2 (R2) 613.95 607.99 614.81 619.97
Resistance 1 (R1) 607.85 604.30 610.90 609.56 618.66
Pivot Point 598.34 598.34 599.86 599.19 598.34
Support 1 (S1) 592.24 592.37 595.29 593.94 584.84
Support 2 (S2) 582.72 588.69 583.58 583.53
Support 3 (S3) 576.62 582.72 582.23
Support 4 (S4) 578.33