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Archive - 10/10/2025 - Sign In to see current Signals. |
Synopsys (SNPS) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Synopsys (SNPS). During the week, the SNPS dropped -30.25 points, or -6.45%, and closed at 438.92 on Friday, October 10, 2025. Weekly volume was 25% above average.
Long-term trend: [See SNPS long-term trend chart] A long-term downtrend had started on February 22, 2024 at 629.38 and reached 365.70 on April 7, 2025. SNPS lost 263.68 points, or 41.90%, in 58 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 283.44 and resistance is at 554.03. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend.
Medium-term trend: [See SNPS medium-term trend chart] A medium-term downtrend had started on July 30, 2025 at 651.73 and reached 380.84 on September 10, 2025. SNPS lost 270.89 points, or 41.56%, in 6 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Weekly Technical Indicators: [See SNPS weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since September 5, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.
Short-term trend: [See SNPS short-term trend chart] A short-term uptrend had started on September 10, 2025 at 380.84 and reached 515.64 on September 22, 2025. SNPS gained -134.80 points, or -35.40%, in 12 days. The price is now at the 56.91% retracement level.
Daily Technical Indicators: [See SNPS daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since September 22, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Information Technology |
7 |
| Industry |
Application Software |
43 |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
515.64 |
| High Date |
09/22/2025 |
| Low |
437.27 |
| Low Date |
10/10/2025 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
380.84 |
| Low Date |
09/10/2025 |
| High |
515.64 |
| High Date |
09/22/2025 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
651.73 |
| High Date |
07/30/2025 |
| Low |
380.84 |
| Low Date |
09/10/2025 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
365.70 |
| Low Date |
04/07/2025 |
| High |
651.73 |
| High Date |
07/30/2025 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Broadening Descending Wedge |
| Status |
Valid |
| Resistance |
554.03 |
| Support |
283.44 |
| High |
629.38 |
| High Date |
02/22/2024 |
| Low |
365.70 |
| Low Date |
04/07/2025 |
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