Country Icon

Synopsys, Inc. (SNPS) - Buy, Sell or Hold?

Sector: Technology   Sub-Sector: Computer Software: Prepackaged Software
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Tue, 28 Nov 2017DojiBearish EngulfingTue, 07 Nov 20173.33%
***Stock database and scans are updated around midnight (New York time) every trading day.
89.80 0.00 (0%) Nov 28 4:00pm EDT
Open: 89.84 Range: 89.30 - 90.31 Vol: 1.12M Avg Vol: 812.82K
EPS: 2.13 P/E ratio: 40.62 EBITDA: 534.59M Mkt Cap: 13.00B
Analyze "SNPS" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 89.58
Medium Term: Trend is Up
Last Trade is above the 20 day moving average at 87.97
Last Trade is above the 50 day moving average at 84.81
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 76.93
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of SNPS

Stock Trend Analysis - Buy, Sell or Hold "Synopsys, Inc." (SNPS)?

SNPS is in a very strong uptrend. In the last 52 weeks, SNPS has been trading above the 200 day moving average for 100% of the time with an average daily volume of 812.8K shares being traded. In the medium term, the 50 day moving average, currently at 84.81 for SNPS is also very bullish, indicating good swing trading opportunities for longs. This bullish stance is further reinforced by SNPS's ability to stay over the 20 day moving average for more than 100% of the time in the last 2 months of trading. There is however a possibility of profit taking setting in and it may be prudent to lighten up on strength and re-enter during a retracement. Good places to re-enter SNPS are at the 50 and 200 SMAs currently at 84.81 and 76.93 respectively. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "SNPS".

The analyst consensus estimates for the 1 year price target for this stock is $87.25* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Tue, 28 Nov 2017
Technology Stocks Above 200 Day Moving-Average
TickerNameTrend AnalysisSupport/Resistance
LEDSSemiLEDS CorporationBuy, Sell or HoldTrading Levels & Pivots
POWIPower Integrations, Inc.Buy, Sell or HoldTrading Levels & Pivots
MLNXMellanox Technologies, Ltd.Buy, Sell or HoldTrading Levels & Pivots
GLUUGlu Mobile Inc.Buy, Sell or HoldTrading Levels & Pivots
LIVELiveDeal, Inc.Buy, Sell or HoldTrading Levels & Pivots
HIMXHimax Technologies, Inc.Buy, Sell or HoldTrading Levels & Pivots
KFRCKforce, Inc.Buy, Sell or HoldTrading Levels & Pivots
CCRNCross Country Healthcare, Inc.Buy, Sell or HoldTrading Levels & Pivots
GILTGilat Satellite Networks Ltd.Buy, Sell or HoldTrading Levels & Pivots
LORLLoral Space and Communications, Inc.Buy, Sell or HoldTrading Levels & Pivots