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SNPS Fell Below 20 Day Moving Average on August 20

Synopsys, Inc. (SNPS) — SwingTradeBot Technical Analysis Report · Aug 20, 2026, 17:41 ET
On Thursday, August 20th, SNPS moved down 0.84% while volume shrunk to 0.5× the usual levels. consolidation patterns formed: NR7 and NR7-2, suggesting a potential continuation after price stabilization. Key support levels exist at 394.48, 391.1 & 387.63, with resistance at 401.33, 404.8 & 408.18.

Current SwingTradeBot Technical Rating of SNPS: F

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Synopsys, Inc. (SNPS)