Social trend and summarized meme
SNPS actually dropped closer to 35% today after missing on Q3 earnings and cutting guidance, not just 30%. The core EDA business is solid, but the IP side and weak outlook are what spooked the market. Personally, I'd let this settle and build a base before thinking about buying the dip.
Technical Analysis
| Oscillators | |||
|---|---|---|---|
| RSI | 61.24 | NEUTRAL | |
| ADX | 18.33 | NEUTRAL | |
| AO | 2.74 | BUY | |
| BBPower | 54.67 | NEUTRAL | |
| CCI20 | 157.12 | NEUTRAL | |
| MACD.macd | -0.08 | BUY | |
| Mom | 45.48 | BUY | |
| Stoch.K | 88.23 | NEUTRAL | |
| Stoch.RSI.K | 100.00 | NEUTRAL | |
| UO | 60.85 | NEUTRAL | |
| W.R | -10.55 | SELL | |
| Moving Averages | |||
|---|---|---|---|
| EMA10 | 417.83 | BUY | |
| EMA100 | 441.60 | BUY | |
| EMA20 | 414.92 | BUY | |
| EMA30 | 417.71 | BUY | |
| EMA50 | 425.60 | BUY | |
| SMA10 | 411.55 | BUY | |
| SMA100 | 447.44 | SELL | |
| SMA20 | 409.05 | BUY | |
| SMA30 | 415.96 | BUY | |
| SMA50 | 421.75 | BUY | |
| EMA200 | 461.70 | SELL | |
| HullMA9 | 437.66 | BUY | |
| Ichimoku.BLine | 414.56 | NEUTRAL | |
| SMA200 | 483.49 | SELL | |
| VWMA | 409.57 | BUY | |
| Date** | Open | High | Low | Close or Current | R500* | Mentions | Positive Mentions | Up Votes | Voted Sentiment** |
|---|
Not investment advice. Invest at your own risk.