Trading Signals: SNPS Stock Price Prediction and Forecast

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Fri. Feb. 26, 2021

Trading Signals: SNPS Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)

(Synopsys Inc)
SNPS latest price $245.0900 (0.14%) ($243.0100 - $245.0900) on Fri. Feb. 26, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.16% (three month average)
RSI   36
Latest Price   $245.0900(0.14%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SNPS declines -1.8% a day on average for past five trading days.
Weekly Trend   SNPS declines -5.1% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Rotation from value to growth for small cap.
Correlated ETFs   Broad market will support SNPS advance at 0% a week (0% probability)
QQQ(79%)    IWF(78%)    IVW(77%)    FIVG(73%)    SPY(71%)
Factors Impacting SNPS price   SNPS will decline at least -1.08% in a week (0% probabilities).
VIXM(-42%)    UUP(-21%)    VXX(-13%)    TBT(-13%)    IGOV(-6%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.08% (StdDev 2.16%)
Hourly BBV -1 ()
Intraday Trend 0%

Resistance Level   $268.69
5 Day Moving Average   $251.71(-2.63%)
10 Day Moving Average   $265.35(-7.64%)
20 Day Moving Average   $268.69(-8.78%)
To recent high   -16.1%
To recent low   9%
Market Cap   $36.986b

Synopsys, Inc. engages in the provision of software products and consulting services in the electronic design automation industry. It provides intellectual property products, which are pre-designed circuits that engineers use as components of larger chip designs, as well as software and hardware that are used to develop the electronic systems that incorporate chips and the software that runs on the circuits. It also offers technical services to support the customers in industries such as electronics, financial services, energy, and industrials for developing chips and electronic systems. The company was founded by Aart J. de Geus, Bill Krieger, Dave Gregory, and Rick Rudell in December 1986 and is headquartered in Mountain View, CA.

$. SNPS price fluctuates within 5.05% (three month std-dev: 2.16%) daily (68% of days).

Sample size 19 Average positive next day return: 4.34%(53%) Average negative next day return: -1.13%(47%) Sample size 19 Average positive next three day return: 7.74%(58%) Average negative next three day return: -2.43%(42%) Sample size 19 Average positive next weekly return: 6.71%(68%) Average negative next weekly return: -4.36%(32%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210326

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Feb_26_2021	245.35	268.69	265.35	251.71	250.84	244.66	245.09(0.14%)	DP	OpenShort	-75	-0.5	-239	-180	-239	-238	1.93	52%	0.11	-27.3	2.16%	-1	-1.7	36	0.5
2	Feb_25_2021	245.08	269.58	269.6	256.28	253.38	252.76	244.74(-6.13%)	DT	OpenShort	-75	-0.9	-193	-50	-197	-182	1.48	52%	0.11	-24.5	2.17%	-1.9	-2	38	0.2
3	Feb_24_2021	244.82	270.29	273.06	261.45	259.18	257.03	260.74(2.94%)	N/A	N/A	0	-0.1	2	-80	23	-63	0.97	58%	0.2	-21.5	2.01%	1.3	-0.8	50	1.4
4	Feb_23_2021	244.34	270.64	274.92	266.03	261.54	254	253.29(-0.56%)	DT	OpenShort	-75	-1.1	-287	-250	-326	-169	1.41	56%	0.16	-12.1	1.99%	-0.7	-1.5	42	1.3
5	Feb_22_2021	243.95	271.57	277.48	273.52	269.13	261.33	254.71(-4.94%)	DT	OpenShort	-75	-1.7	-299	-250	-357	-124	0.99	56%	0.18	10.6	1.99%	-1.9	-1.5	48	1.1

6	Feb_19_2021	243.51	272.44	279.64	281.03	278.1	269.09	267.94(-0.96%)	DT	OpenShort	-75	-1.3	-248	-260	-318	-39	0.99	62%	0.22	37.5	1.89%	-1.1	-0.4	63	1.5
7	Feb_18_2021	242.98	272.73	280.09	284.84	284.18	276.94	270.55(-4.62%)	DT	OpenShort	-75	-1.4	-250	-190	-332	-4	1.16	62%	0.24	55.7	1.89%	-1.1	-0.2	61	1.3
8	Feb_17_2021	242.39	272.87	279.84	286.11	287.83	287.12	283.65(-2.45%)	N/A	N/A	0	-0.2	-36	0	-90	126	0.79	69%	0.31	66.6	1.78%	-1	1	74	1.4
9	Feb_16_2021	241.65	272.05	278.48	285	286.29	291.42	290.77(-0.51%)	UD	OpenLong	75	0.6	169	140	150	225	1.02	73%	0.48	69.5	1.75%	0.4	1.9	66	1.2
10	Feb_12_2021	240.5	270.42	275.75	282.11	283	288.54	292.25(1.84%)	UT	OpenLong	75	1.1	287	150	296	259	0.49	73%	0.39	64.6	1.76%	1.5	2.3	63	1.5

11	Feb_11_2021	239.57	268.64	272.06	278.27	278.87	281.15	286.97(3.64%)	UT	OpenLong	75	1.1	169	60	170	167	0.66	73%	0.39	60.5	1.75%	1.8	2.2	60	1.3
12	Feb_10_2021	238.65	267.11	269.2	274.9	275.92	277.46	276.9(-0.44%)	UD	OpenLong	75	0.3	78	50	73	91	0.69	60%	0.31	60.1	1.72%	-0.2	1.3	51	1
13	Feb_9_2021	237.91	266.19	267.01	272.62	273.75	276.6	278.13(0.66%)	UT	OpenLong	75	0.8	100	90	111	65	0.35	56%	0.33	52.8	1.91%	1.1	1.7	52	1.1
14	Feb_8_2021	237.12	265.27	265.68	270.91	270.77	274.39	276.31(1.21%)	UT	OpenLong	75	0.8	110	90	127	58	0.52	56%	0.34	54	1.96%	0.9	1.7	56	1.1
15	Feb_5_2021	236.32	264.53	264.85	268.37	268.88	270.91	273.02(1.06%)	UT	OpenLong	75	0.8	129	60	151	63	0.48	59%	0.31	49.4	1.96%	1	1.4	61	1.1

16	Feb_4_2021	235.58	263.8	264.41	264.84	266.21	267.14	270.16(1.76%)	UT	OpenLong	75	0.9	56	40	68	19	0.5	63%	0.28	36.3	1.99%	1	1.1	60	1.1
17	Feb_3_2021	234.93	262.8	264.56	262.63	262.74	266.84	265.49(-1.52%)	UD	OpenLong	75	0.4	60	110	72	23	0.59	65%	0.24	20.7	2.08%	-0.3	0.4	58	0.7
18	Feb_2_2021	234.37	262.48	265.24	260.44	260.94	265.28	269.59(2.28%)	UT	OpenLong	75	1.4	179	120	212	80	0.7	65%	0.29	13.4	2.09%	1.4	1.1	60	-0.1
19	Feb_1_2021	233.7	261.75	265.02	259.77	257.38	258.64	263.58(3.2%)	UT	OpenLong	75	0.6	26	10	31	11	0.63	63%	0.28	10.2	2.07%	1.3	0.3	54	-1.3
20	Jan_29_2021	233.05	261.53	264.65	261	258.3	256.61	255.4(-1.42%)	DT	OpenShort	-75	-0.9	-40	-80	-48	-17	0.79	58%	0.23	18.3	2.07%	-1.1	-0.9	45	-2.7

21	Jan_28_2021	232.52	261.67	265.09	263.95	261.7	256.11	259.08(1.79%)	DP	OpenShort	-75	-0.8	-120	-180	-147	-38	0.82	56%	0.24	31.3	2.06%	-0.6	-0.4	53	-2.2
22	Jan_27_2021	231.96	261.46	265.07	266.78	264.64	259.98	254.53(-4.4%)	DT	OpenShort	-75	-1.9	-211	-150	-262	-59	0.81	56%	0.25	43	2.08%	-2.6	-1.1	59	-3
23	Jan_26_2021	231.39	261.61	265.68	270.53	269.67	267.29	266.25(-1.29%)	CR	SmallShort	-20	-0.7	-49	-70	-79	42	0.41	57%	0.16	60.4	1.99%	-1.3	0.7	57	0.3
24	Jan_25_2021	231.02	261.1	265.17	270.91	271.48	269.3	269.72(-0.16%)	N/A	N/A	0	-0.2	-24	-50	-53	62	0.47	57%	0.27	66.9	2.02%	-1.3	1.3	64	0.8
25	Jan_22_2021	230.39	260.33	264.41	268.78	270.95	272.06	270.15(-1.13%)	UD	OpenLong	75	0.2	31	50	14	80	0.56	57%		64.2	2.02%	-1.7	1.5	59	1.5
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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