Synopsys(SNPS)

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

Auto-detected technical analysis for SNPS · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$377.61last close · Jul 22, 202652-week range $366.00 – $651.73 · 42.06% 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 48% 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 $359.6.

SNPS Falling Wedge Pattern

SNPS is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.

DirectionBearishTarget$359.59Projected move−14.1%Breakout level$425.96

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

How Falling Wedges Have Performed

Win rate

56.4%

Avg return

+0.52R

Backtested trades

10,683

SNPS win rate

57.1%

Historical pattern statistics (1987-01-30 – 2026-07-17), 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.

Pattern	Entry	Exit	Outcome	Result
Falling Wedge	Mar 25, 2026 @ $403.87	Apr 17, 2026 @ $449.58	Loss	+21.6% · -1.21R
Falling Wedge	Mar 17, 2026 @ $428.25	Mar 26, 2026 @ $401.95	Loss	+21.0% · -1.45R
Falling Wedge	Mar 5, 2026 @ $435.76	Mar 26, 2026 @ $401.95	Loss	+21.3% · -1.08R
Bullish Pennant	Jan 5, 2026 @ $488.42	Jan 14, 2026 @ $505.34	Win	+7.1% · +0.47R
Triangle	Oct 29, 2025 @ $447.49	Nov 18, 2025 @ $384.03	Win	+16.1% · +2.27R
Bullish Pennant	Jun 27, 2025 @ $507.62	Jul 28, 2025 @ $592.63	Win	+19.1% · +1.82R
Falling Wedge	Jan 15, 2025 @ $501.46	Jan 27, 2025 @ $510.73	Win	+6.2% · +0.55R
Triangle	Jul 17, 2024 @ $604.35	Jul 18, 2024 @ $569.15	Win	+7.8% · +1.72R
Triangle	Apr 2, 2024 @ $567.00	Jun 18, 2024 @ $620.31	Loss	+17.9% · -1.08R
Rising Wedge	Dec 20, 2023 @ $555.09	Dec 29, 2023 @ $514.75	Win	+8.4% · +2.16R
Rising Wedge	Oct 9, 2023 @ $475.49	Dec 4, 2023 @ $531.20	Win	+9.8% · +1.60R
Bullish Pennant	Mar 16, 2023 @ $374.68	Jun 7, 2023 @ $435.32	Win	+9.1% · +2.52R

Recent Falling Wedges on Other Charts

ALNYhit target +18.8%Jul 22, 2026 BAstopped −7.9%Jul 21, 2026 BDXhit target +2.8%Jul 21, 2026 HIIhit target +13.1%Jul 21, 2026

Learn about falling wedge

SNPS Support and Resistance Levels

Price is bouncing off a floor near $365.08 and starting to climb. On the weekly chart, the next ceiling overhead sits near $592.76 — about 57% away.

Traders commonly watch $592.76 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 $365.08 floor about a week ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

SNPS Recent Daily Prices

Date	Open	High	Low	Close
Jul 22, 2026	$388.62	$390.06	$373.82	$377.61
Jul 21, 2026	$377.19	$391.03	$376.82	$389.07
Jul 20, 2026	$382.00	$385.18	$373.86	$378.46
Jul 17, 2026	$401.59	$402.72	$366.00	$384.28
Jul 16, 2026	$425.64	$425.64	$416.34	$417.03
Jul 15, 2026	$429.86	$432.35	$421.00	$425.28
Jul 14, 2026	$426.19	$434.54	$424.27	$425.90
Jul 13, 2026	$448.84	$453.91	$432.73	$433.82
Jul 10, 2026	$443.49	$447.89	$438.48	$445.50
Jul 9, 2026	$429.84	$443.49	$426.74	$443.37

SNPS Frequently Asked Questions

What chart pattern is SNPS forming right now?

As of Jul 22, 2026, TradingPal's detector identifies a falling wedge on Synopsys (SNPS) on the daily chart, with a measured-move target of $359.59.

Is a falling wedge bullish or bearish?

The falling wedge detected on SNPS is a bearish pattern, projecting a measured-move target of $359.59. 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 (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. These are historical statistics, not a prediction.

What is the price target if SNPS's pattern breaks out?

The detected falling wedge has a geometry-based measured-move target of $359.59 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was SNPS's closing price on Jul 22, 2026?

Synopsys (SNPS) last closed at $377.61 on Jul 22, 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.