• Return to Headlines

Shares of SNPS Up 30.1% Since Uptrend Call on Shares

By James Quinn

SmarTrend identified an Uptrend for Synopsys Inc (NASDAQ:SNPS) on January 24th, 2017 at $61.82. In approximately 7 months, Synopsys Inc has returned 30.06% as of today's recent price of $80.41.

Synopsys Inc share prices have moved between a 52-week high of $80.70 and a 52-week low of $50.97 and are now trading 58% above that low price at $80.41 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.6%.

Synopsys, Inc. supplies electronic design automation solutions to the global electronics market. The Company provides design technologies to creators of advanced integrated circuits, electronic systems, and systems on a chip. Synopsys also provides consulting services and support to its customers to streamline the overall design process and accelerate time to market.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Synopsys Inc shares.

Log in and add Synopsys Inc (SNPS) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights synopsys inc

Ticker(s): SNPS