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SNPS —  NASDAQ —
Current RSI of this stock is 71.71, which indicates the strength of buyers.
MACD line has crossed the signal line from the below, generates bullish signal.
Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.
Based on our short-term trading tips on US stocks, Synopsys stock price target will be USD 585 - USD 590 in the next 10-12 trading sessions.
Synopsys, Inc., founded in 1986 and headquartered in Sunnyvale, California, provides software and solutions used to design and test computer chips. The company operates through two main segments: Design Automation and Design IP. Its Design Automation segment offers tools for digital and custom integrated circuit (IC) design, simulation, verification, prototyping, and testing—along with AI-driven design tools. The Design IP segment provides pre-designed, reusable blocks of code (IP) for technologies like USB, PCI Express, DDR, Ethernet, and HDMI. It also includes processor cores, embedded software tools, automotive IP, and security solutions. Synopsys serves semiconductor companies by helping them develop more complex, efficient, and secure chips.
SNPS —  NASDAQ —
Current RSI of this stock is 71.71, which indicates the strength of buyers.
MACD line has crossed the signal line from the below, generates bullish signal.
Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.
Based on our short-term trading tips on US stocks, Synopsys stock price target will be USD 585 - USD 590 in the next 10-12 trading sessions.
Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.
Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.
Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.
If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website
