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Archive - 8/8/2025 - 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 a seventh consecutive positive week for the Synopsys (SNPS). During the week, the SNPS climbed 0.77 points, or 0.12%, and closed at 619.42 on Friday, August 8, 2025. Weekly volume was -18% below 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 downtrend resistance line (311.50) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See SNPS medium-term trend chart] A medium-term uptrend had started on April 7, 2025 at 365.70 and reached 651.73 on July 30, 2025. SNPS gained -286.03 points, or -78.21%, in 16 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (524.92) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See SNPS weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is above its signal line since May 2, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend 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 June 23, 2025 at 460.89 and reached 651.73 on July 30, 2025. SNPS gained -190.84 points, or -41.41%, in 37 days. The chart has formed a Rising Channel chart pattern. The uptrend support line (638.57) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a short-term trend.
Daily Technical Indicators: [See SNPS daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
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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 |
71 |
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Daily Trend |
Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
High |
636.61 |
High Date |
08/04/2025 |
Low |
608.19 |
Low Date |
08/07/2025 |
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Weekly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Rising Channel |
Status |
Broken Support |
Resistance |
686.04 |
Support |
638.57 |
Low |
460.89 |
Low Date |
06/23/2025 |
High |
651.73 |
High Date |
07/30/2025 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Rising Wedge |
Status |
Broken Support |
Resistance |
651.01 |
Support |
636.79 |
Low |
437.69 |
Low Date |
05/29/2025 |
High |
651.73 |
High Date |
07/30/2025 |
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Quarterly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Symmetric Triangle |
Status |
Broken Resistance |
Resistance |
488.11 |
Support |
524.92 |
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 |
Broken Resistance |
Resistance |
562.11 |
Support |
311.50 |
High |
629.38 |
High Date |
02/22/2024 |
Low |
365.70 |
Low Date |
04/07/2025 |
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