Trading Signals: SNPS Stock Price Prediction and Forecast

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Sat. Dec. 19, 2020

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

(Synopsys Inc)
SNPS latest price $255.1600 (1.89%) ($255.1600 - $255.3300) on Sat. Dec. 19, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   2% (three month average)
RSI   76
Latest Price   $255.1600(1.89%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SNPS advances 1.6% a day on average for past five trading days.
Weekly Trend   SNPS advances 3.6% a week on average for past two weeks.
Market Behavior   Normal for large cap. Normal for small cap.
Correlated ETFs   Broad market will support SNPS advance at 0% a week (0% probability)
(0%)    (0%)    (0%)    (0%)    (0%)
Factors Impacting SNPS price   SNPS will decline at least -1% in a week (0% probabilities).
(0%)    (0%)    (0%)    (0%)    (0%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1% (StdDev 2%)
Hourly BBV 0 ()
Intraday Trend 0%

5 Day Moving Average   $247.03(3.29%)
10 Day Moving Average   $242.02(5.43%)
20 Day Moving Average   $233.77(9.15%)
To recent high   0%
To recent low   29%
Market Cap   $N/A

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 4.76% (three month std-dev: 2%) daily (68% of days).

Sample size 50 Average positive next day return: 1.61%(56%) Average negative next day return: -1.59%(44%) Sample size 50 Average positive next three day return: 2.91%(54%) Average negative next three day return: -3.43%(46%) Sample size 50 Average positive next weekly return: 3.44%(52%) Average negative next weekly return: -3.9%(48%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210119

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	Dec_18_2020	218.06	233.77	242.02	247.03	249.03	252.81	255.16(1.89%)	UT	HoldLong	65	0.7	165	130	162	172	0.72	56%	0.26	60.9	2%	1.9	1.9	76	1.2
2	Dec_17_2020	217.49	232.02	240.07	243.26	245.07	249.33	250.42(1%)	UT	OpenLong	75	0.7	166	140	167	162	0.67	54%	0.24	55.5	2.01%	1.2	1.8	75	1.6
3	Dec_16_2020	216.96	230.37	238.37	240.05	241.55	245.25	247.95(2.35%)	UT	HoldLong	65	0.8	171	130	173	163	0.69	54%	0.24	46.7	2.03%	1.5	1.8	79	1.5
4	Dec_15_2020	216.43	228.95	236.07	237.03	238.12	240.8	242.25(1.21%)	UT	HoldLong	65	0.6	115	90	110	130	0.39	54%	0.21	42.2	2.04%	1	1.5	78	0.8
5	Dec_14_2020	215.97	227.91	234.81	236.39	235.77	237.85	239.35(1.27%)	UT	HoldLong	65	0.4	76	50	60	124	0.5	56%	0.21	36.3	2.05%	1.1	1.4	76	-0.6

6	Dec_11_2020	215.51	227.18	233.65	236.29	235.7	235.44	236.35(0.86%)	UT	OpenLong	75	0	56	-20	33	125	0.56	56%	0.18	29.6	2.07%	1.2	1.2	71	0.3
7	Dec_10_2020	215.12	226.51	232.62	236.39	236.32	233.69	234.33(0.63%)	N/A	N/A	0	-0.3	-24	-80	-63	95	0.55	56%	0.16	21	2.08%	-0.6	1	64	0.9
8	Dec_9_2020	214.78	225.99	231.01	236.35	236.9	235.96	232.86(-2.59%)	N/A	N/A	0	-0.5	-29	-20	-70	94	0.57	58%	0.16	16.4	2.08%	-2.4	0.9	66	1
9	Dec_8_2020	214.44	225.31	229.4	234.73	237.23	238.95	239.06(0.09%)	UT	OpenLong	75	0.6	97	80	83	140	0.57	56%	0.17	8.7	2.09%	0.4	1.9	69	1.6
10	Dec_7_2020	214.07	224.93	227.1	232.89	233.83	237.85	238.85(0.84%)	UT	OpenLong	75	0.9	105	130	98	124	0.49	56%	0.2	13.9	2.18%	1	2	66	1.1

11	Dec_4_2020	213.64	224.89	224.97	230.65	231.29	235.5	236.85(1.16%)	UT	OpenLong	75	0.9	163	140	173	131	0.75	54%	0.21	22.1	2.2%	0.8	1.7	59	1.2
12	Dec_3_2020	213.2	224.94	223.31	228.4	228.72	229.82	234.15(4.17%)	UT	OpenLong	75	0.8	104	40	109	87	1.3	49%	0.19	25.5	2.23%	1.3	1.2	59	0.9
13	Dec_2_2020	212.8	224.8	221.62	224.95	226.2	227.08	224.77(-2.2%)	UD	OpenLong	75	-0	21	40	21	22	0.8	47%	0.14	22.4	2.31%	-0.7	-0	49	1
14	Dec_1_2020	212.5	224.68	221.19	223.1	224.27	227.62	229.83(0.96%)	UT	OpenLong	75	0.9	91	120	106	45	0.74	47%	0.17	15	2.31%	0.5	0.7	62	1
15	Nov_30_2020	212.14	223.99	220.32	220.33	220.81	225.32	227.65(0.91%)	UT	OpenLong	75	1	109	150	136	26	1.07	47%	0.14	1.8	2.3%	0.5	0.5	42	1.1

16	Nov_27_2020	211.84	223.34	220.02	218.46	218.28	220.91	225.6(4.01%)	RB	SmallLong	20	0.9	86	80	118	-9	0.37	47%	0.15	-11.9	2.3%	-2.4	0.3	35	1.1
17	Nov_25_2020	211.53	223.04	219.73	217.62	217.19	216.3	216.9(0.64%)	DT	HoldShort	-50	-0.1	-17	-30	4	-81	0.7	44%	0.09	-18.5	2.24%	1.1	-0.8	27	1.3
18	Nov_24_2020	211.34	223.15	220.5	217.87	217.89	215.64	215.53(-0.21%)	DT	OpenShort	-75	-0.3	-83	-70	-71	-120	0.89	44%	0.08	-23.4	2.24%	-0.6	-1	36	1.1
19	Nov_23_2020	211.18	223.56	220.96	218.92	218.77	218.08	215.98(-1.06%)	DT	OpenShort	-75	-0.4	-79	-20	-66	-116	0.71	44%	0.02	-22.5	2.24%	-1	-1	48	1.1
20	Nov_20_2020	211.13	223.85	222.7	220.19	219.89	220.14	218.3(-1.4%)	DT	OpenShort	-75	-0.3	-18	0	-2	-65	0.72	50%	0.1	-20.6	2.24%	0.1	-0.8	55	1.2

21	Nov_19_2020	210.92	224.29	224.9	221.76	220.67	219.46	221.39(1.49%)	DP	OpenShort	-75	-0.1	-24	-50	-21	-32	0.81	50%	0.12	-15.1	2.46%	0.6	-0.4	58	1.3
22	Nov_18_2020	210.67	224.49	226.73	222.21	222.01	219.63	218.14(-1.2%)	DT	OpenShort	-75	-0.6	-60	-80	-70	-28	1.04	50%	0.11	-15.4	2.46%	-0.8	-0.9	52	1.3
23	Nov_17_2020	210.44	224.97	228.3	223.54	223.61	221.88	220.79(-0.69%)	DT	OpenShort	-75	-0.4	-47	-50	-62	-2	1.07	51%	0.15	-10.4	2.45%	-0.8	-0.6	55	1.6
24	Nov_16_2020	210.13	225.27	228.57	223.25	224.61	224.39	222.33(-1.68%)	CR	SmallShort	-20	-0.1	-15	10	-24	11	0.63	51%	0.16	-12.7	2.46%	-1.9	-0.4	51	1.6
25	Nov_13_2020	209.8	225.39	228.13	225.58	224.32	225.34	226.14(1.12%)	N/A	N/A	0	0.1	-22	20	-35	17	0.43	51%		-6.4	2.45%	0.7	0.1	55	1.5
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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