Trading Signals: SNPS Stock Price Prediction and Forecast

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Wed. Apr. 12, 2023

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

(Synopsys Inc)
SNPS latest price $376.4750 (-0.78%) ($376.1100 - $376.4750) on Wed. Apr. 12, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.71% (three month average)
RSI   56
Latest Price   $376.4750(-0.78%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SNPS declines -0.4% a day on average for past five trading days.
Weekly Trend   SNPS advances 0.4% 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)
XLK(72%)    QQQ(67%)    IWF(65%)    VUG(65%)    IVW(61%)
Factors Impacting SNPS price   SNPS will decline at least -0.855% in a week (0% probabilities).
VXX(-40%)    VIXM(-38%)    UUP(-12%)    USO(-12%)    BNDX(-12%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.855% (StdDev 1.71%)
Hourly BBV -1.2 ()
Intraday Trend 0%

Resistance Level   $376.91
5 Day Moving Average   $377.95(-0.39%)
10 Day Moving Average   $380.03(-0.94%)
20 Day Moving Average   $376.91(-0.12%)
To recent high   -3.3%
To recent low   13.6%
Market Cap   $56.813b

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 1.42% (three month std-dev: 1.71%) daily (68% of days).

Sample size 1 Average positive next day return: 0.21%(100%) Average negative next day return: 0%(0%) Sample size 1 Average positive next three day return: 0.53%(100%) Average negative next three day return: %(0%) Sample size 1 Average positive next weekly return: 1.44%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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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_12_2023	351.23	376.91	380.03	377.95	377.77	377.63	376.48(-0.78%)	DT	OpenShort	-75	-0.3	-51	-0	-64	-11	0.51	71%	0.15	67.6	1.71%	-1.2	-0.1	56	1.2
2	Apr_11_2023	350.71	376.61	379.51	379.58	378.23	379.37	379.43(-0.06%)	UD	OpenLong	75	-0	15	10	11	25	0.46	71%	0.16	81.1	1.7%	0.8	0.5	55	1.3
3	Apr_10_2023	350.14	375.59	379.01	381.58	379.66	377.91	379.66(0.99%)	N/A	N/A	0	-0.3	-11	-50	-22	21	0.37	71%	0.23	66.7	1.72%	1.2	0.6	54	1.4
4	Apr_6_2023	349.32	374.41	378.61	381.58	382.06	377.09	375.96(-0.6%)	DT	OpenShort	-75	-0.8	-127	-100	-161	-24	0.64	71%	0.13	53.4	1.71%	-1	0.2	54	0.4
5	Apr_5_2023	348.86	373.76	379.01	382.93	384.03	381.42	378.22(-1.66%)	DT	OpenShort	-75	-0.6	-117	-40	-151	-15	0.66	71%	0.13	52.7	1.72%	-1.4	0.5	54	0.4

6	Apr_4_2023	348.4	373.34	378.4	382.19	383.46	387.03	384.62(-1.23%)	UD	OpenLong	75	0.3	67	80	65	73	0.41	71%	0.16	53.9	1.71%	-0.4	1.3	65	0.3
7	Apr_3_2023	347.84	372.15	377.33	379.24	380.94	386.63	389.42(0.77%)	UT	OpenLong	75	1.2	259	120	294	154	0.63	71%	0.18	45.2	1.7%	1.5	2.1	66	0.1
8	Mar_31_2023	347.23	371.04	375.81	376.13	376.04	379.89	386.45(2.79%)	UT	OpenLong	75	1.4	169	70	188	112	1.13	71%	0.2	43.6	1.7%	2.1	2.1	72	0.1
9	Mar_30_2023	346.52	370.01	374.3	373.92	373.55	375.24	375.97(0.39%)	UT	OpenLong	75	0.3	88	30	91	77	0.58	69%	0.26	43.7	1.68%	0.8	0.9	70	-0.1
10	Mar_29_2023	345.63	369.39	374.15	374.68	373.41	372.18	374.51(1.26%)	UD	OpenLong	65	-0	3	-30	-14	52	0.66	69%	0.25	45.8	1.69%	0.8	0.8	60	-0.2

11	Mar_28_2023	344.77	368.73	373.44	374.05	374.81	371.87	369.85(-1.08%)	N/A	N/A	0	-0.7	-64	-50	-91	16	0.54	69%	0.27	48	1.7%	-1.2	0.2	50	-0.3
12	Mar_27_2023	343.85	368.46	373.48	374.94	375.19	374.64	373.88(-0.4%)	N/A	N/A	0	-0.2	-64	-10	-95	28	0.51	69%	0.3	59.9	1.7%	-0.5	0.8	59	-0.5
13	Mar_24_2023	342.83	367.92	371.99	375.27	375.29	377.76	375.39(-1.16%)	UD	OpenLong	75	0	66	50	60	83	0.71	69%	0.29	68.9	1.7%	-0.5	1.1	54	-0.6
14	Mar_23_2023	341.83	367.21	370.03	374.67	375.36	375.74	379.79(2.27%)	UT	OpenLong	75	0.8	118	10	125	96	0.76	69%	0.3	70.2	1.7%	0.9	2	57	-0.8
15	Mar_22_2023	340.8	366.43	368.19	373.66	373.3	372.83	371.35(-0.79%)	CR	SmallShort	-20	-0.4	-57	-10	-79	9	0.72	62%	0.24	59.4	1.68%	0.6	0.8	56	-0.8

16	Mar_21_2023	339.97	365.66	367.98	372.72	374.33	374.97	374.3(-0.33%)	UD	OpenLong	75	0.2	76	20	77	74	0.7	62%	0.25	36.9	1.73%	0.8	1.3	59	-0.8
17	Mar_20_2023	339.11	364.58	366.65	371.76	372.04	373.77	375.54(0.86%)	UT	OpenLong	75	0.6	43	30	40	52	0.53	62%	0.25	27.6	1.74%	0.5	1.7	57	-1
18	Mar_17_2023	338.28	363.5	365.85	368.13	370.53	373.69	372.35(-0.64%)	UD	OpenLong	75	0.7	150	80	170	90	1.62	62%	0.25	8.9	1.75%	0.4	1.4	56	-1.3
19	Mar_16_2023	337.42	362.85	365.26	364.57	366.9	370.31	374.75(2.21%)	UT	OpenLong	75	1.8	156	80	181	81	0.55	62%	0.26	-11.3	1.76%	2	2	59	-1.2
20	Mar_15_2023	336.56	362.88	364.04	361.99	361.66	367.37	366.66(-0.77%)	UD	OpenLong	75	0.7	91	110	109	37	0.9	59%	0.22	-9.3	1.75%	0.9	0.6	51	-1.5

21	Mar_14_2023	335.81	363.26	363.48	362.65	361.62	363.49	369.51(3.39%)	UT	OpenLong	75	1	183	30	215	88	0.52	59%	0.21	0.5	1.78%	1.6	0.9	60	-1.6
22	Mar_13_2023	335.11	362.83	362.86	360.96	361.71	355.96	357.39(0.81%)	DP	OpenShort	-75	-0.5	-110	-110	-130	-49	0.57	55%	0.19	-5.4	1.77%	-0.4	-0.8	56	-2
23	Mar_10_2023	334.49	362.96	363.52	363.27	362.64	359.76	354.52(-2.04%)	DT	OpenShort	-75	-1.3	-236	-60	-284	-91	0.56	55%	0.2	2.2	1.79%	-1.4	-1.3	53	-2.3
24	Mar_9_2023	333.82	363.5	364.33	365.85	366.24	367.47	361.89(-2.17%)	UD	OpenLong	75	-0.6	50	30	47	57	0.58	59%	0.23	10.3	1.79%	-0.9	-0.3	52	-2.6
25	Mar_8_2023	333.05	363.45	364.72	366.19	366.64	365.52	369.92(2.45%)	UT	OpenLong	75	0.6	47	-20	46	48	0.59	63%		6.3	1.78%	0.7	1	42	-3
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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