Market Activity Shows Decline for Synopsys as 200-Day Average is Breached
On Wednesday, Synopsys Inc (Symbol: SNPS) saw its shares drop below the important 200-day moving average of $549.24, trading as low as $542.89 per share. Currently, Synopsys Inc shares are down approximately 1.4% for the day. The chart below illustrates the one-year performance of SNPS shares alongside its 200-day moving average:
Reviewing the chart, SNPS’s 52-week low stands at $457.515 per share, while the 52-week high reached $629.38. The last recorded trade was at $547.74. The data regarding SNPS’s moving average was sourced from TechnicalAnalysisChannel.com.
Click here to discover which 9 other stocks have also crossed below their 200-day moving average »
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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.