Trading Signals: SNPS Stock Price Prediction and Forecast

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Thu. Sep. 30, 2021

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

(Synopsys Inc)
SNPS latest price $299.4500 (-1.04%) ($299.3000 - $299.4500) on Thu. Sep. 30, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.51% (three month average)
RSI   19
Latest Price   $299.4500(-1.04%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SNPS declines -1.4% a day on average for past five trading days.
Weekly Trend   SNPS declines -4% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support SNPS advance at 0% a week (0% probability)
IWF(79%)    QQQ(79%)    IVW(77%)    FIVG(74%)    SPY(72%)
Factors Impacting SNPS price   SNPS will decline at least -0.755% in a week (0% probabilities).
VIXM(-41%)    UUP(-21%)    VXX(-11%)    TBT(-11%)    EDOC(-0%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.755% (StdDev 1.51%)
Hourly BBV -1.2 ()
Intraday Trend 0%

Resistance Level   $324.55
5 Day Moving Average   $307.85(-2.73%)
10 Day Moving Average   $315.13(-4.98%)
20 Day Moving Average   $324.55(-7.73%)
To recent high   -11.3%
To recent low   9.3%
Market Cap   $45.189b

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 3.85% (three month std-dev: 1.51%) daily (68% of days).

Sample size 16 Average positive next day return: 0.74%(31%) Average negative next day return: -2.19%(69%) Sample size 16 Average positive next three day return: 1.54%(50%) Average negative next three day return: -3.56%(50%) Sample size 16 Average positive next weekly return: 2.64%(44%) Average negative next weekly return: -7.86%(56%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20211030

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	Sep_30_2021	286.86	324.55	315.13	307.85	304.73	301.19	299.45(-1.04%)	DT	HoldShort	-65	-0.7	-180	-110	-165	-223	0.71	51%	0.25	-47.8	1.51%	-1.2	-2	19	-0.8
2	Sep_29_2021	286.14	326.3	318.8	312.06	310.1	302.41	302.59(0.25%)	DP	OpenShort	-75	-0.9	-277	-190	-287	-246	0.68	51%	0.25	-41.5	1.51%	-0.4	-2.1	19	-1.1
3	Sep_28_2021	285.43	327.98	321.77	315.1	314.16	308.27	301.84(-3.69%)	DT	HoldShort	-65	-1.4	-384	-140	-417	-286	0.74	54%	0.25	-33.4	1.51%	-1.2	-2.7	17	-1.1
4	Sep_27_2021	284.72	329.62	324.88	318.66	318.53	317.79	313.42(-2.65%)	DT	HoldShort	-65	-0.7	-124	-20	-114	-154	0.6	63%	0.26	-21.8	1.44%	-1.4	-2.2	22	1.3
5	Sep_24_2021	283.99	330.4	326.87	320.97	319.77	320.05	321.94(0.45%)	DP	OpenShort	-75	0.2	-30	-10	-5	-103	0.37	73%	0.48	-7.9	1.41%	0	-1.3	26	1.8

6	Sep_22_2021	282.64	330.63	328.08	323.69	320.78	319.26	320.5(0.85%)	DP	OpenShort	-75	-0.5	-111	-60	-106	-126	0.84	75%	0.31	30.2	1.41%	0.5	-1.7	34	-0.6
7	Sep_21_2021	281.78	330.95	329.71	326.82	324.72	319.49	317.8(-0.58%)	DT	OpenShort	-75	-1.6	-179	-130	-194	-135	0.93	75%	0.27	74	1.42%	-1.2	-2.3	32	-2.3
8	Sep_20_2021	281.03	330.95	331.7	329.56	328.64	322.31	319.66(-1.63%)	DT	OpenShort	-75	-1.8	-299	-140	-341	-173	0.58	75%	0.26	117.9	1.42%	-1.3	-2.2	32	-1.6
9	Sep_17_2021	280.3	331.24	333.51	331.91	331.59	329.95	324.95(-3.16%)	DT	OpenShort	-75	-1.2	-197	-40	-227	-106	1	80%	0.26	144.2	1.4%	-1.2	-1.1	42	0.2
10	Sep_16_2021	279.56	330.91	334.85	333.42	333.52	334.97	335.56(-0.17%)	UD	OpenLong	75	0.3	70	30	80	41	0.74	93%	0.3	153.3	1.34%	1.1	0.7	68	1.3

11	Sep_15_2021	278.71	328.84	334.66	333.14	332.9	333.24	336.14(1.4%)	UT	OpenLong	75	0.3	41	0	43	34	0.58	93%	0.31	93	1.36%	1.8	0.7	72	1.3
12	Sep_14_2021	277.84	326.76	334.28	333.25	332.86	332.08	331.49(0.03%)	N/A	N/A	0	-0.1	-40	-20	-55	5	0.35	92%	0.27	77.8	1.35%	-0.7	0.4	67	0.7
13	Sep_13_2021	277.08	325.04	334.58	334.32	334.29	332.57	331.39(-0.34%)	CR	SmallShort	-20	-0.2	-43	-40	-66	25	0.41	92%	0.3	73.3	1.36%	-1	0.4	73	0.9
14	Sep_10_2021	276.26	323.23	334.69	335.39	335.32	333.63	332.53(-0.48%)	CR	SmallShort	-20	-0.2	-79	-40	-116	33	0.48	93%	0.31	70	1.36%	-1.4	0.6	79	0.4
15	Sep_9_2021	275.4	321.31	334.23	336.43	336.4	336	334.13(-0.76%)	N/A	N/A	0	-0.1	-15	-10	-47	83	0.4	93%	0.3	68.1	1.37%	-1	0.7	83	1

16	Sep_8_2021	274.57	319.14	333.4	336.32	336.88	337.02	336.7(-0.04%)	UD	OpenLong	75	0	65	10	33	161	0.36	93%	0.32	64.2	1.36%	-0.2	1	95	1.2
17	Sep_7_2021	273.69	316.77	332.28	335.44	335.92	336.79	336.83(0.02%)	UT	HoldLong	65	0.1	71	20	29	198	0.47	93%	0.37	61.3	1.37%	-0.3	1.1	93	1.1
18	Sep_3_2021	272.67	314.5	330.74	334.9	334.78	336.75	336.75(-0.3%)	UD	OpenLong	75	0.1	122	40	79	251	0.53	94%	0.28	61.8	1.39%	0.7	1.2	88	1.6
19	Sep_2_2021	271.92	312.25	328.8	333.91	334.13	335.05	337.75(1.26%)	UT	HoldLong	65	0.2	161	20	116	295	0.71	94%	0.3	63.4	1.39%	1.8	1.4	90	1.6
20	Sep_1_2021	271.12	309.95	326.65	331.73	332.9	332.82	333.56(0.38%)	UT	HoldLong	65	0.1	92	10	28	282	0.69	94%	0.27	64.9	1.39%	1	1.3	89	1.7

21	Aug_31_2021	270.39	307.82	322.61	330.02	331.27	333.22	332.29(-0.56%)	UT	HoldLong	50	0.1	114	50	55	289	0.5	94%	0.27	66.9	1.4%	-1	1.4	90	1.5
22	Aug_30_2021	269.65	305.63	318.71	328.58	329.38	332.98	334.15(0.71%)	UT	HoldLong	65	0.3	234	80	196	347	0.31	94%	0.27	70.1	1.4%	0.9	1.7	92	1.5
23	Aug_27_2021	268.92	303.2	314.76	325.94	326.87	329.33	331.8(1.51%)	UT	HoldLong	65	0.4	240	60	206	343	0.4	94%	0.26	71.9	1.4%	1.6	1.8	86	1.4
24	Aug_26_2021	268.21	300.91	310.86	322.93	323.79	325.79	326.86(0.57%)	UT	HoldLong	65	0.3	163	50	120	292	0.57	93%	0.27	73.2	1.4%	2	1.8	83	0.9
25	Aug_25_2021	267.5	298.76	307.37	320.78	320.94	324.41	325.01(-0.02%)	UD	OpenLong	75	0.3	204	80	171	301	0.49	94%		76.2	1.4%	0.6	2	81	1.6
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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