Synopsys (SNPS) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for SNPS · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$403.86last close · Aug 4, 202652-week range $366.00 – $636.61 · 36.56% below the high
Falling Wedge · playing out now

SNPS is breaking down out of a falling wedge — these usually break higher, so a drop lower instead is a notably bearish turn.

On this chart, setups like it have followed through about 50% of the time.

As long as price stays below $453.9, it's in play — a daily close back above there calls it off.

The move's natural target sits near $360.8.

SNPS Falling Wedge Pattern

SNPS is currently forming a falling wedge on the daily timeframe. Detected Aug 4, 2026.

DirectionBearishTarget$360.79Projected move−14.1%Breakout level$427.16

New to this pattern? What a falling wedge is and how to trade it →

How Falling Wedges Have Performed

Win rate
56.2%
Avg return
+0.55R
Backtested trades
8,465
SNPS win rate
75.0%

Historical pattern statistics (2006-08-04 – 2026-08-03), not a prediction.

How these backtests work →

SNPS Pattern Trade History

Every completed pattern trade our nightly backtest found on SNPS's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
TriangleMar 25, 2026 @ $407.60Apr 17, 2026 @ $449.58Loss-1.23R
TriangleMar 12, 2026 @ $418.80Mar 27, 2026 @ $383.02Win+1.24R
Falling WedgeMar 5, 2026 @ $439.77Mar 26, 2026 @ $401.95Loss-1.07R
Bullish PennantJan 5, 2026 @ $488.42Jan 14, 2026 @ $505.34Win+0.47R
TriangleOct 21, 2025 @ $454.56Nov 4, 2025 @ $416.35Loss-1.69R
Bullish PennantJun 27, 2025 @ $507.62Jul 28, 2025 @ $592.63Win+1.82R
Falling WedgeJan 15, 2025 @ $501.46Jan 27, 2025 @ $510.73Win+0.55R
Bullish PennantOct 8, 2024 @ $509.61Dec 30, 2024 @ $486.74Loss-1.13R
TriangleJul 17, 2024 @ $604.35Jul 18, 2024 @ $569.15Win+1.72R
TriangleApr 10, 2024 @ $559.69Jun 17, 2024 @ $612.72Loss-1.61R
TriangleApr 2, 2024 @ $567.00Jun 18, 2024 @ $620.31Loss-1.08R
Rising WedgeDec 20, 2023 @ $555.09Dec 29, 2023 @ $514.75Win+2.16R

SNPS Support and Resistance Levels

Price is bouncing off a floor near $383.90 and starting to climb. On the weekly chart, the next ceiling overhead sits near $590.58 — about 46% away.

  • Traders commonly watch $590.58 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $383.90 floor just now, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $386.36, resistance near $405.30. These are chart/swing-derived levels, not formula pivots.

Resistance
$405.30$515.41$521.97$525.94$540.62$541.37$597.80
Support
$386.36$383.81$383.36$380.91

SNPS Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$394.89$404.33$394.00$403.86
Aug 3, 2026$394.22$396.08$386.00$392.07
Jul 31, 2026$377.91$389.64$375.51$388.76
Jul 30, 2026$376.00$381.05$370.20$372.33
Jul 29, 2026$385.49$387.65$373.44$373.69
Jul 28, 2026$392.58$402.26$379.83$383.82
Jul 27, 2026$384.29$395.85$383.33$388.99
Jul 24, 2026$378.00$379.84$369.02$373.47
Jul 23, 2026$376.89$378.92$371.41$373.52
Jul 22, 2026$388.62$390.06$373.82$377.61

SNPS Frequently Asked Questions

What chart pattern is SNPS forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a falling wedge on Synopsys (SNPS) on the daily chart, with a measured-move target of $360.79.
Is a falling wedge bullish or bearish?
The falling wedge detected on SNPS is a bearish pattern, projecting a measured-move target of $360.79. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (8,465 trades over 631 symbols), it resolved in the expected direction 56.2% of the time with an average of +0.55R. These are historical statistics, not a prediction.
What are the support and resistance levels for SNPS?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), SNPS's nearest support is around $386.36 and nearest resistance around $405.30.
What is the price target if SNPS's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $360.79 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was SNPS's closing price on Aug 4, 2026?
Synopsys (SNPS) last closed at $403.86 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.