(SNPS) Trading Signals

Longer Term Trading Plans for SNPS

• Buy SNPS near 433 target 481.02 stop loss @ 431.75 Details

The technical summary data tells us to buy SNPS near 433 with an upside target of 481.02. This data also tells us to set a stop loss @ 431.75 to protect against excessive loss in case the stock begins to move against the trade. 433 is the first level of support below 437.95 , and by rule, any test of support is a buy signal. In this case, support 433 would be being tested, so a buy signal would exist.

• Short SNPS slightly under 481.02, target 433, stop loss @ 482.41 Details

The technical summary data is suggesting a short of SNPS as it gets near 481.02 with a downside target of 433. We should have a stop loss in place at 482.41though. 481.02 is the first level of resistance above 437.95, and by rule, any test of resistance is a short signal. In this case, if resistance 481.02 is being tested, so a short signal would exist.

Swing Trading Plans for SNPS

• Buy SNPS slightly over 442.66, target 460.15, Stop Loss @ 441.38 Details

If 442.66 begins to break higher, the technical summary data tells us to buy SNPS just slightly over 442.66, with an upside target of 460.15. The data also tells us to set a stop loss @ 441.38 in case the stock turns against the trade. 442.66 is the first level of resistance above 437.95, and by rule, any break above resistance is a buy signal. In this case, 442.66, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short SNPS slightly near 442.66, target 433, Stop Loss @ 443.94. Details

The technical summary data is suggesting a short of SNPS if it tests 442.66 with a downside target of 433. We should have a stop loss in place at 443.94 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 442.66, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for SNPS

• Buy SNPS slightly over 441.5, target 442.66, Stop Loss @ 440.47 Details

If 441.5 begins to break higher, the technical summary data tells us to buy SNPS just slightly over 441.5, with an upside target of 442.66. The data also tells us to set a stop loss @ 440.47 in case the stock turns against the trade. 441.5 is the first level of resistance above 437.95, and by rule, any break above resistance is a buy signal. In this case, 441.5, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short SNPS slightly near 441.5, target 436.21, Stop Loss @ 442.53. Details

The technical summary data is suggesting a short of SNPS if it tests 441.5 with a downside target of 436.21. We should have a stop loss in place at 442.53 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 441.5, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Synopsys Inc. (SNPS) available here: SNPS.

SNPS Ratings for March 29:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Weak
P1	0	0	433
P2	436.21	442.66	481.02
P3	441.5	460.15	530.14

AI Generated Signals for SNPS

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