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Uptrend Call Working As Synopsys Inc Stock Rises 24.9% (SNPS)

By David Diaz

SmarTrend identified an Uptrend for Synopsys Inc (NASDAQ:SNPS) on January 8th, 2019 at $86.49. In approximately 2 months, Synopsys Inc has returned 24.86% as of today's recent price of $108.00.

In the past 52 weeks, Synopsys Inc share prices have been bracketed by a low of $79.14 and a high of $108.23 and are now at $108.00, 36% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.0% while the 200-day MA has risen 0.4%.

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