Trading Signals: SNPS Stock Price Prediction and Forecast

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Fri. Apr. 16, 2021

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

(Synopsys Inc)
SNPS latest price $260.7400 (-0.66%) ($260.7400 - $260.7400) on Fri. Apr. 16, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.36% (three month average)
RSI   75
Latest Price   $260.7400(-0.66%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SNPS declines -0.1% a day on average for past five trading days.
Weekly Trend   SNPS advances 3% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support SNPS advance at 0% a week (0% probability)
IWF(78%)    QQQ(78%)    IVW(76%)    FIVG(73%)    SPY(71%)
Factors Impacting SNPS price   SNPS will decline at least -1.18% in a week (0% probabilities).
VIXM(-41%)    UUP(-21%)    VXX(-12%)    TBT(-12%)    UNG(2%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.18% (StdDev 2.36%)
Hourly BBV -0.5 ()
Intraday Trend 0%

Inflection Point   Yes
5 Day Moving Average   $260.43(0.12%)
10 Day Moving Average   $259.96(0.3%)
20 Day Moving Average   $249.95(4.32%)
To recent high   -10.8%
To recent low   19%
Market Cap   $39.348b

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 4.78% (three month std-dev: 2.36%) daily (68% of days).

Sample size 16 Average positive next day return: 1.91%(44%) Average negative next day return: -2.07%(56%) Sample size 16 Average positive next three day return: 3.33%(31%) Average negative next three day return: -6.26%(69%) Sample size 16 Average positive next weekly return: 3.34%(31%) Average negative next weekly return: -6.74%(69%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210516

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	Apr_16_2021	251.99	249.95	259.96	260.43	261.05	261.6	260.74(-0.66%)	UD	OpenLong	75	0	33	20	16	82	0.45	51%	0.04	61.3	2.36%	-0.5	0.9	75	1.8
2	Apr_15_2021	251.89	248.38	259.35	260.66	260.54	261.1	262.46(1.57%)	UT	HoldLong	65	0.1	39	10	16	106	0.66	51%	0.19	57.6	2.38%	0.2	1.1	82	1.8
3	Apr_14_2021	251.41	246.94	257.96	260.35	260.39	260.5	258.41(-1.31%)	UD	OpenLong	75	-0.2	34	0	6	117	0.7	51%	0.18	60.1	2.37%	0.2	0.9	76	1.4
4	Apr_13_2021	250.96	245.76	256.26	260.06	260.84	259.98	261.85(1.21%)	UT	HoldLong	65	0.1	39	-10	10	125	0.7	51%	0.19	63.3	2.37%	0.3	1.3	78	1.7
5	Apr_12_2021	250.48	244.33	254.22	259.06	259.77	260.29	258.71(-1.21%)	UD	OpenLong	65	-0	10	20	-25	115	0.62	51%	0.17	69.6	2.36%	-1.6	1.2	77	1.8

6	Apr_9_2021	250.05	242.84	252.44	259.37	259.29	261.7	261.88(0.37%)	UT	HoldLong	65	0.2	93	60	67	171	0.4	51%	0.17	72.7	2.34%	0.5	1.6	85	1.5
7	Apr_8_2021	249.63	241.41	249.5	257.83	258.58	259.24	260.91(1.54%)	UT	HoldLong	65	0.3	103	30	79	173	0.6	51%	0.18	77.1	2.36%	0.8	1.8	84	1.5
8	Apr_7_2021	249.18	239.75	246.83	255.21	256.96	256.89	256.96(0.04%)	UT	OpenLong	75	0.2	53	20	24	139	0.43	53%	0.15	72	2.36%	-0.8	1.7	71	1.4
9	Apr_6_2021	248.8	238.28	244.63	251.76	254.26	257.92	256.85(-1.3%)	UD	OpenLong	75	0.5	102	130	88	145	0.72	51%	0.15	57.2	2.41%	0.3	2	70	1.2
10	Apr_5_2021	248.43	236.38	242.33	248.52	249.58	257.03	260.23(2.36%)	UT	OpenLong	75	1.3	194	220	201	172	1.06	51%	0.25	31.5	2.45%	1.5	2.6	74	1.3

11	Apr_1_2021	247.82	234.65	239.01	244.51	244.99	250.61	254.22(2.6%)	UT	OpenLong	75	1.3	217	170	235	164	0.84	51%	0.13	13.7	2.43%	1	2.6	75	1.3
12	Mar_31_2021	247.51	233.34	236.33	240.01	241.29	242.14	247.77(3.35%)	UT	OpenLong	75	1.3	108	40	115	85	1.3	50%	0.12	-15.4	2.42%	1.6	2.4	62	1.2
13	Mar_30_2021	247.22	232.69	234.84	237.29	237.37	239.37	239.75(-0.36%)	UT	HoldLong	50	0.4	1	60	-7	26	0.86	48%	0.02	-45.5	2.39%	0.6	1.2	62	1.2
14	Mar_29_2021	247.16	232.99	234.31	236.36	236.38	240.45	240.62(0.18%)	UT	OpenLong	75	0.6	117	120	129	81	0.76	48%	-0	-44.1	2.39%	1	1	64	1
15	Mar_26_2021	247.17	233.5	233.56	235.13	234.95	235.36	240.2(3.67%)	UT	OpenLong	75	0.7	87	10	91	74	1.03	48%	-0	-48	2.38%	1.7	0.9	71	1.4

16	Mar_25_2021	247.18	233.65	232.43	232.67	233.49	232.31	231.7(-1.05%)	N/A	N/A	0	-0.1	-23	-20	-35	12	0.75	45%	-0	-68.1	2.35%	-0.7	-0.2	55	1.1
17	Mar_24_2021	247.19	234.26	232.71	232	232.71	234.54	234.17(-0.41%)	UD	OpenLong	75	0.2	17	60	12	32	0.68	45%	0.05	-69.7	2.36%	-1.8	-0	54	1
18	Mar_23_2021	247.06	235.45	232.19	231.99	231.57	234.67	235.13(0.29%)	UT	OpenLong	75	0.3	76	90	83	53	0.59	45%	0.08	-74.8	2.36%	0.4	-0	48	1.1
19	Mar_22_2021	246.86	236.27	231.54	231.96	231.37	230.88	234.45(2.87%)	UT	OpenLong	75	0.2	42	-20	49	20	0.68	45%	0.09	-85.3	2.37%	1.1	-0.2	39	1.9
20	Mar_19_2021	246.65	237.2	230.09	231.85	231.52	228.47	227.9(-0.2%)	DT	OpenShort	-75	-0.3	-90	-100	-95	-73	1.31	43%	0.04	-86.9	2.33%	-1.1	-0.7	31	1.6

21	Mar_18_2021	246.56	239.1	230.1	232.13	233.16	231.87	228.35(-2.46%)	DT	OpenShort	-75	-0.3	-65	-30	-61	-76	0.97	43%	0.04	-84.4	2.35%	-1.3	-0.8	40	1.2
22	Mar_17_2021	246.45	241.12	230.28	233.4	233.08	234.56	234.11(-0.38%)	DP	OpenShort	-65	0	-12	40	4	-58	0.76	44%	0.05	-72.8	2.34%	0.7	-0.4	43	2.1
23	Mar_16_2021	246.33	243.42	230.45	232.33	233.23	234.46	235.01(0.47%)	N/A	N/A	0	0.1	51	50	86	-55	0.65	46%	0.06	-63.8	2.35%	0.6	-0.4	35	1.9
24	Mar_15_2021	246.18	246.02	231.53	231.05	231.62	231.6	233.9(2.01%)	DP	OpenShort	-65	0.1	-9	10	19	-94	0.73	46%	0.03	-62.2	2.37%	0.4	-0.6	40	2.4
25	Mar_12_2021	246.11	248.77	233.29	228.08	230.29	232	229.3(-2.3%)	N/A	N/A	0	0.1	5	80	42	-105	1.18	46%		-56.5	2.34%	-0.8	-0.9	36	1.8
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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