SynopsysSNPS
Auto-detected technical analysis for SNPS · data as of Sep 9, 2026. The chart above is live; the read below updates daily.
SNPS is currently forming a falling wedge on the daily timeframe. Detected Sep 9, 2026.
A falling wedge usually breaks higher, but SNPS is breaking lower out of it instead — a notably bearish turn. A breakout projects a measured-move target near $360.79 (−14.1%).
New to this pattern? What a falling wedge is and how to trade it →
SNPS's most recent completed falling wedge resolved as a loss: it broke higher on Aug 26, 2026 near $418.81, then was stopped out at $378.37 on Sep 15, 2026 — a 9.7% move (-1.32R) over 13 sessions. Across 137,198 backtested falling wedges, this setup wins 42.2% of the time.
Every completed pattern trade our nightly backtest found on SNPS's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Falling wedge | Aug 26, 2026 @ $418.81 | Sep 15, 2026 @ $378.37 | Loss | +15.9% · -1.32R |
| Falling wedge | Jul 17, 2026 @ $401.59 | Aug 27, 2026 @ $453.91 | Loss | +12.8% · -1.00R |
| Rising wedge | Jun 5, 2026 @ $468.00 | Jul 17, 2026 @ $384.33 | Win | +17.9% · +1.17R |
| Rising wedge | May 28, 2026 @ $474.14 | Jul 17, 2026 @ $410.26 | Win | +13.5% · +0.98R |
| Triangle | Mar 23, 2026 @ $430.60 | Mar 25, 2026 @ $422.50 | Loss | +6.8% · -0.70R |
| Triangle | Jan 29, 2026 @ $496.35 | Jan 30, 2026 @ $463.51 | Win | +6.6% · +1.13R |
| Bullish pennant | Jan 5, 2026 @ $494.22 | Jan 15, 2026 @ $510.00 | Win | +4.7% · +0.63R |
| Falling wedge | Jan 2, 2026 @ $483.57 | Feb 2, 2026 @ $460.69 | Loss | +21.2% · -1.58R |
| Triangle | Nov 18, 2025 @ $380.62 | Dec 10, 2025 @ $475.42 | Loss | +57.7% · -1.00R |
| Triangle | Oct 30, 2025 @ $444.10 | Dec 10, 2025 @ $475.42 | Loss | +48.7% · -1.00R |
| Triangle | Oct 10, 2025 @ $459.31 | Oct 15, 2025 @ $433.23 | Win | +5.7% · +0.79R |
| Triangle | Jun 27, 2025 @ $517.92 | Jul 29, 2025 @ $614.06 | Win | +15.9% · +2.19R |
Historical examples from the published simulation. This selection is not a win-rate sample.
Price found a floor near $371.44 about 6 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $948.16 — still about 142% away.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Sep 9, 2026 | $391.36 | $397.01 | $387.60 | $391.25 |
| Sep 8, 2026 | $396.82 | $405.80 | $391.46 | $392.03 |
| Sep 4, 2026 | $418.12 | $418.12 | $380.33 | $393.84 |
| Sep 3, 2026 | $419.10 | $419.84 | $413.11 | $416.31 |
| Sep 2, 2026 | $413.78 | $418.73 | $410.52 | $415.97 |
| Sep 1, 2026 | $428.21 | $430.88 | $413.97 | $414.82 |
| Aug 31, 2026 | $437.95 | $445.86 | $434.45 | $439.59 |
| Aug 28, 2026 | $461.85 | $462.45 | $440.60 | $442.61 |
| Aug 27, 2026 | $419.66 | $464.98 | $415.31 | $464.89 |
| Aug 26, 2026 | $405.10 | $419.60 | $403.54 | $410.00 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.