SNPS technical analysis

SNPS Technical Analysis

Analysis date

July 15, 2026

Market

NasdaqGS (USD)

Daily cutoff

July 14, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

SNPS Data Verification

Cross-validating the latest completed daily bar across independent sources.

Symbol
SNPS
Market
NasdaqGS
Currency
USD (US Dollar)
Latest completed bar
July 14, 2026

No adjustment factor (adjusted close equals raw close, factor 1.0). No stock splits or dividend adjustments affecting the analysis period.

SourceLatest CloseDateDifferenceStatus
Yahoo Finance Chart API (primary)425.90July 14, 2026-Verified
Financial Modeling Prep (independent)425.90July 14, 2026 (equivalent real-time)0.00%Verified

Bottom line

SNPS Technical Analysis Summary

SNPS is in a significant pullback from its 52-week high of 651.73, with the price at 425.90 sitting below all three key SMAs on both daily and weekly timeframes. The daily RSI at 35.74 has entered oversold territory, and the MACD histogram is deeply negative on both charts. The weekly RSI at 47.05 is neutral but trending down. The stock has retraced 34.7% from its high and is now testing the 424.27 area (20-day and 60-day low). A breakdown below 424.27 would open the door toward the 52-week low at 376.18. Any reversal requires a reclaim of SMA20 (448.32 daily, 451.15 weekly) with above-average volume to establish short-term credibility.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (July 14, 2026)

Trend
Bearish. Price at 425.90 is below SMA20 (448.32), SMA50 (476.74), and SMA200 (455.32). All three SMAs are in a bearish stack with the shortest below the longest, confirming a downtrend. The price has breached every major moving average support level.
Momentum
Bearish. RSI14 at 35.74 has dipped into oversold territory, suggesting strong downward momentum. MACD at -10.79 is well below the signal line at -9.95 with a negative histogram of -0.84, confirming sustained bearish momentum. The MACD divergence is not showing any reversal signs yet.
Volatility
Elevated for a downtrend. ATR14 at 16.73 (3.93% of price) reflects above-normal daily ranges as selling pressure persists. Bollinger Bands (426.82 to 469.82) show price touching the lower band, consistent with a strong bearish move.
Volume
Below average. Latest daily volume of 1,372,221 is 69.1% of the 20-period average (1,985,141), indicating reduced participation despite the decline. This could suggest the selloff is running out of immediate sellers, but a volume spike on further breakdown would be more concerning.

Assessment

The daily chart is firmly bearish. The price is below all major SMAs, RSI is near oversold, and the MACD is deeply negative. The stock has retraced from 479.80 (20-day high) to test the 424.27 support area (both 20 and 60-day low). A break below 424.27 would target the 52-week low at 376.18. The oversold RSI suggests a bounce could occur, but the trend is clearly down and any rally attempt must first reclaim SMA20 at 448.32.

Weekly (July 6, 2026 week)

Trend
Bearish. Price at 445.50 is below SMA20 (451.15), SMA50 (472.24), and SMA200 (469.73). The bearish SMA alignment on the weekly chart confirms the downtrend is structural, not just a short-term pullback. The SMA200 at 469.73 was breached recently, a significant technical deterioration.
Momentum
Bearish. RSI14 at 47.05 has fallen from above 60 and is now below the 50 midline, indicating momentum has shifted negative. MACD at -1.69 has crossed below the signal line at 0.22 with a negative histogram of -1.92, confirming the weekly momentum has turned bearish. This is a significant shift from previous weeks.
Volatility
High. ATR14 at 40.89 (9.18% of price) reflects large weekly ranges consistent with the ongoing decline. Bollinger Bands are wide (370.17 to 532.12), and price is below the middle band, closer to the lower band, signaling persistent downside pressure.
Volume
Below average. Weekly volume of 6,383,600 is 67.2% of the 20-week average (9,505,710), showing reduced participation. The selloff has not attracted panic-level volume, which could be interpreted as a bearish grind rather than a capitulation event.

Assessment

The weekly chart confirms the structural bearish case. Price has broken below SMA200 for the first time in the lookback period, RSI has dropped below 50, and the MACD has delivered a bearish crossover. The 376.18 area (52-week low) is the next major weekly support. The absence of panic volume suggests this may be a persistent downtrend rather than a sharp correction, making trend reversal potentially slower.

Key indicators

SNPS Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)35.7447.05
MACD (12, 26, 9)-10.79 / -9.95 / -0.84-1.69 / 0.22 / -1.92
ATR (14)16.73 (3.93%)40.89 (9.18%)
Bollinger Bands (20, 2)426.82 - 469.82370.17 - 532.12
SMA (20)448.32451.15
SMA (50)476.74472.24
SMA (200)455.32469.73

Price structure

SNPS Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price425.90445.50
1-Period Return-1.83%+1.91%
5-Period Return-2.46%-4.16%
20-Period Return-6.17%+1.26%
60-Period Return-3.46%-13.40%
252-Period Return-23.85%+33.99%
52-Week Low376.18376.18
52-Week High651.73651.73
52-Week Position18.04%25.16%

Key levels

SNPS Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High479.80539.48
20-Period Low424.27379.50
60-Period High539.48651.73
60-Period Low424.27376.18

Scenarios

SNPS Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price holds above 424.27 (20/60-day low) and reclaims SMA20 at 448.32 with above-average volume, followed by a break above SMA200 at 455.32.

Invalidation

Price breaks below 424.27 with expanding volume.

What to watch

Daily RSI recovering above 40; MACD histogram narrowing toward zero; volume expanding on green candles; price reclaiming SMA20 (448.32) then SMA50 (476.74).

Range-Bound

Trigger

Price oscillates between 424.27 (20/60-day low support) and 479.80 (20-day high resistance).

Invalidation

A decisive close beyond either boundary with increasing volume.

What to watch

RSI oscillating between 30 and 50; MACD histogram fluctuating near zero; Bollinger Bands beginning to narrow; volume remaining below average.

Bearish

Trigger

Price breaks decisively below 424.27, targeting the 52-week low at 376.18.

Invalidation

Price reclaims SMA20 (448.32) and holds above it for consecutive sessions.

What to watch

Sustained close below 424.27; daily RSI staying below 35; MACD histogram becoming more negative; volume expanding on breakdown days; weekly RSI falling below 40.

Methodology

Methodology and Limitations

This technical analysis uses adjusted closing prices from Yahoo Finance (primary) and Financial Modeling Prep (independent cross-validation). The daily analysis covers approximately 2 years (501 completed bars) ending July 14, 2026. The weekly analysis covers approximately 5 years (261 completed bars) ending the week of July 6, 2026. Prices are adjusted for dividends and stock splits using the adjusted close/raw close ratio. Volume data is from the primary source and may not match other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 14, 2026, weekly July 6, 2026 week. Generated July 15, 2026.