Trading Signals: SNPS Stock Price Prediction and Forecast

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Fri. Jul. 23, 2021

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

(Synopsys Inc)
SNPS latest price $285.6850 (1.41%) ($285.6850 - $285.6850) on Fri. Jul. 23, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.49% (three month average)
RSI   61
Latest Price   $285.6850(1.41%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SNPS advances 0.7% a day on average for past five trading days.
Market Behavior   Broad based rally for large cap. Growth stock rally 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 -0.745% in a week (0% probabilities).
VIXM(-41%)    UUP(-20%)    VXX(-11%)    TBT(-11%)    EDOC(-0%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.745% (StdDev 1.49%)
Hourly BBV 1.4 ()
Intraday Trend 0%

5 Day Moving Average   $279.3(2.29%)
10 Day Moving Average   $278.73(2.5%)
20 Day Moving Average   $277.91(2.8%)
To recent high   0%
To recent low   24.4%
Market Cap   $43.112b

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 1.16% (three month std-dev: 1.49%) daily (68% of days).

Sample size 23 Average positive next day return: 0.96%(43%) Average negative next day return: -1.15%(57%) Sample size 23 Average positive next three day return: 1.7%(65%) Average negative next three day return: -1.72%(35%) Sample size 23 Average positive next weekly return: 2.34%(57%) Average negative next weekly return: -1.14%(43%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210823

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	Jul_23_2021	253.83	277.91	278.73	279.3	280.07	283.24	285.69(1.41%)	UT	OpenLong	75	2	179	90	210	85	0.29	78%	0.23	82.8	1.49%	1.4	2.4	61	-0.2
2	Jul_22_2021	253.26	277.29	278.13	277.49	277.17	278.97	281.7(1.64%)	UT	OpenLong	75	1.5	78	40	94	28	0.56	78%	0.18	92	1.49%	1.9	1.6	60	-0
3	Jul_21_2021	252.8	276.65	277.75	276.72	276.11	276.91	277.16(-0.26%)	UD	OpenLong	75	0.1	37	10	47	6	0.64	76%	0.11	86	1.5%	0.4	0.2	54	0.7
4	Jul_20_2021	252.51	276.27	278.01	277.01	276.28	275.36	277.88(1.39%)	DP	OpenShort	-75	0.2	-8	-30	-8	-8	0.89	76%	0.1	84.6	1.5%	1.3	0.4	57	-0.5
5	Jul_19_2021	252.26	275.63	278.15	277.08	276.77	275.3	274.06(-0.94%)	DT	OpenShort	-75	-0.7	-77	-40	-91	-34	0.57	67%	0.12	68.8	1.49%	-1.2	-0.4	54	-2.8

6	Jul_16_2021	251.97	275.26	278.68	278	277.92	277.2	276.65(-0.43%)	N/A	N/A	0	-0.3	-39	-20	-52	0	0.45	67%	0.13	70.8	1.59%	-1.4	0.3	73	0.3
7	Jul_15_2021	251.64	274.75	278.76	278.8	278.73	278.24	277.85(-0.28%)	N/A	N/A	0	-0.2	-10	-10	-21	24	0.5	67%	0.07	73.1	1.59%	-0.6	0.6	60	1
8	Jul_14_2021	251.47	273.96	278.62	278.91	279.15	278.64	278.63(0.15%)	N/A	N/A	0	-0	-6	-10	-20	35	0.56	67%	0.1	70.2	1.6%	0.7	0.8	70	1.6
9	Jul_13_2021	251.21	273.25	278.38	279.17	279.2	279.21	278.21(-0.16%)	N/A	N/A	0	-0.2	-4	0	-21	46	0.47	67%	0.1	76.2	1.61%	-0.5	0.8	70	1.2
10	Jul_12_2021	250.97	272.64	278	279.4	279.51	279.66	278.67(-0.71%)	UD	OpenLong	75	-0.1	32	0	17	76	0.32	67%	0.04	87	1.62%	-0.4	1	76	1.2

11	Jul_9_2021	250.86	271.85	277.13	279.46	279.4	279.18	280.66(0.81%)	UT	OpenLong	75	0.2	20	-10	1	77	0.48	67%	0.04	91.1	1.62%	1.4	1.4	75	1.1
12	Jul_8_2021	250.76	270.92	276.41	278.73	279.21	279.36	278.4(-0.54%)	UD	OpenLong	75	-0.1	26	10	6	85	0.66	67%	-0.02	98.7	1.62%	0.5	1.2	74	-0.1
13	Jul_7_2021	250.81	269.84	275.49	278.27	278.56	279.63	279.9(0.2%)	UT	HoldLong	65	0.2	56	30	39	106	0.42	67%	-0.04	92.9	1.63%	0.9	1.5	81	1
14	Jul_6_2021	250.92	268.61	274.38	277.46	277.61	279.06	279.35(0.14%)	UT	OpenLong	75	0.3	82	40	69	120	0.51	67%	-0.05	88.5	1.63%	0.3	1.5	72	0.9
15	Jul_2_2021	251.05	267.29	272.88	276.39	276.74	277.49	278.97(0.71%)	UT	OpenLong	75	0.3	81	20	71	111	0.54	67%	-0.04	78	1.65%	1	1.6	68	1.5

16	Jul_1_2021	251.14	266.12	271.54	274.44	275.54	276.15	277.01(0.33%)	UT	OpenLong	75	0.3	53	30	41	90	0.99	69%	0	71.6	1.66%	1.9	1.4	70	1.7
17	Jun_30_2021	251.13	264.82	270.38	273.76	273.7	275.99	276.1(0.08%)	UT	OpenLong	75	0.3	58	60	47	90	0.55	72%	-0.01	68.3	1.72%	1.3	1.5	70	1.5
18	Jun_29_2021	251.15	263.65	268.89	272.28	273.12	274.93	275.88(0.7%)	UT	OpenLong	75	0.5	137	60	141	125	0.32	72%	-0	64.5	1.72%	2.1	1.7	75	1.4
19	Jun_28_2021	251.16	262.53	267.67	270.83	271.24	271.41	273.97(1.75%)	UT	OpenLong	75	0.5	51	10	39	86	0.56	72%	0	66.9	1.72%	0.9	1.7	75	1.7
20	Jun_25_2021	251.15	261.52	266.79	268.85	269.65	271.32	269.26(-1.58%)	UD	OpenLong	75	0.1	43	50	30	83	2.64	73%	-0	71.6	1.77%	0.2	1.2	74	2

21	Jun_24_2021	251.16	260.73	266.13	268.12	268.45	271.07	273.59(1.83%)	UT	OpenLong	75	0.8	131	70	132	129	0.6	73%	0.03	76.5	1.76%	1.5	2	73	1.7
22	Jun_23_2021	251.08	259.73	264.94	266.51	266.26	267.98	268.68(0.01%)	UT	OpenLong	75	0.4	88	40	80	112	0.53	72%	-0	92.8	1.75%	1.2	1.5	75	1.7
23	Jun_22_2021	251.09	259	263.72	264.99	265.56	265.83	268.66(1.75%)	UT	OpenLong	75	0.7	77	10	69	102	0.5	74%	0.02	108.5	1.75%	2.1	1.8	70	1.4
24	Jun_21_2021	251.03	257.99	262.38	264.06	263.93	264.54	264.04(-0.59%)	N/A	N/A	0	-0	-5	10	-26	60	0.59	73%	0.03	117.2	1.77%	-1	1.1	64	0.6
25	Jun_18_2021	250.95	256.93	261.31	264.41	264.11	265.3	265.62(0.03%)	UT	OpenLong	75	0.2	65	30	55	95	1.38	69%		106.6	1.77%	0.8	1.4	66	-0.2
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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