US stock / ETF

Synopsys, Inc.

SNPS · NASDAQ · USD

1 monthBearish70%
Monthly Downside probability 70%Bearish

SNPS 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $457.81 and stabilize above resistance $651.73.

Invalidation Trigger

Break above $651.73 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 47.0, MACD -6.346

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $90.1 (20.88%)

Monthly

EMA Structure

Range
EMA 8$438.17Bearish
EMA 21$457.81Bearish
EMA 50$434.35Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.0 · MACD -6.346

Neutral zone

Strength
Bearish
Volatility
ATR $90.1 · BB 51.23%

High volatility

Strength
Bearish
Volume
MFI 36.3 · OBV -186.42%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$362.55 - $651.73

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+71.94% · 3.4 ATR above latest close

$741.83
Nearest resistance

+51.06% · 2.4 ATR above · 34-bar high

$651.73
Current price

Price shown is delayed

$431.44
Nearest support

-15.97% · 0.8 ATR below · 34-bar low

$362.55
Deeper support zone

-36.85% · 1.8 ATR below latest close

$272.45
ATR zone

Latest close ± ATR14

$341.34 - $521.54

Indicators

Trend

Dow Theory Structure

Confirmation $539.48, invalidation $379.5

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

22.3 / 19.2 / 37.9Bearish
Supertrend (10,3)

Price is above Supertrend

$219.51Bullish
Ichimoku Cloud

Cloud Span A / Span B

$479.08 / $459.37Bearish
Donchian Channel (20)

20-period breakout channel position

24%Bearish

Volatility

ATR (14)

High volatility

$90.1 (20.88%)Bearish
Bollinger Bands (20,2)

Width 51.23%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$620.74 / $293.36Bearish
ATR channel lower / upper

Current Volatility Envelope

$341.34 / $521.54Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$651.73Range
Support

Nearest Downside Decision Level

$362.55Range

Momentum

RSI (14)

Neutral zone

47.0Range
MACD (12,26,9)

Histogram is negative

-6.346Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

27.2 / 26.1Bullish
Williams %R (14)

Neutral zone

-72.8Range
CCI (20)

Balanced zone

-21.2Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

36.3Bearish
OBV slope

20-period OBV slope

-186.42%Bearish
Volume ratio

Relative to 20-period average volume

0.92xRange

Trend

Dow Theory Structure

Confirmation $539.48, invalidation $379.5

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

22.3 / 19.2 / 37.9Bearish
Supertrend (10,3)

Price is above Supertrend

$219.51Bullish
Ichimoku Cloud

Cloud Span A / Span B

$479.08 / $459.37Bearish
Donchian Channel (20)

20-period breakout channel position

24%Bearish

Momentum

RSI (14)

Neutral zone

47.0Range
MACD (12,26,9)

Histogram is negative

-6.346Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

27.2 / 26.1Bullish
Williams %R (14)

Neutral zone

-72.8Range
CCI (20)

Balanced zone

-21.2Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

High volatility

$90.1 (20.88%)Bearish
Bollinger Bands (20,2)

Width 51.23%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$620.74 / $293.36Bearish
ATR channel lower / upper

Current Volatility Envelope

$341.34 / $521.54Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

36.3Bearish
OBV slope

20-period OBV slope

-186.42%Bearish
Volume ratio

Relative to 20-period average volume

0.92xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$651.73Range
Support

Nearest Downside Decision Level

$362.55Range

Related Forecasts