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Archive
- 4/10/2026 -
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Synopsys (SNPS) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was the negative week for the Synopsys (SNPS). During the week, the SNPS gave back -3.71 points, or -0.94%, and closed at 392.24 on Friday, April 10, 2026. Weekly volume was -34% below average.
SNPS is a member of Application Software Industry. Application Software is the fifth most oversold industry. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See SNPS long-term trend chart]
A long-term downtrend had started on July 30, 2025 at 651.73 and reached 376.18 on November 18, 2025. SNPS lost 275.55 points, or 42.28%, in 15 weeks. The price is now at the 5.83% retracement level.
 Medium-term trend: [See SNPS medium-term trend chart]
A medium-term downtrend had started on January 12, 2026 at 535.20 and reached 379.50 on March 27, 2026. SNPS lost 155.70 points, or 29.09%, in 10 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (375.84) 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 medium-term trend.
 Weekly Technical Indicators: [See SNPS weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. 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 below its signal line since February 13, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See SNPS short-term trend chart]
A short-term downtrend had started on April 8, 2026 at 415.16 and reached 389.15 on April 10, 2026. SNPS lost 26.01 points, or 6.27%, in 2 days. The price is now at the 11.88% retracement level.
 Daily Technical Indicators: [See SNPS daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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