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SNPS Stock Analysis

Data source: Trade-Ideas Alerts | 13 alerts analyzed | Backtest period: 2022-07-19 → 2024-10-03

⚠️ Small sample size (13 alerts). Statistics may have high variance. Interpret with caution.

🏢 Company Profile

📍 NASDAQ 📅 IPO: Mar 03, 1992 🔗 www.synopsys.com
💰 Market Cap: $95.93B 👥 Employees: 28,000
Synopsys is a provider of electronic design automation software and intellectual property products. EDA software automates and aids in the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Synopsys' comprehensive portfolio is benefiting from a convergence of semiconductor companies moving up the stack of technologies toward systems-like companies, and systems companies moving down-stack toward in-house chip design. The resulting expansion in EDA customers alongside secular digitalization of various end markets benefits EDA vendors like Synopsys.
📊
13
Total Alerts
🎯
30.8%
Win Rate (EOD)
💰
-0.85%
Avg Gain (EOD)
🚀
+0.72%
Avg MFE (Max Potential)

📈 Performance by Timeframe

5MIN

Win Rate: 15.4%
Avg Gain: -0.52%
Avg Winner: +0.77%
Avg Loser: -0.75%
Best: +1.24%
Worst: -2.06%
Trades: 2/11

15MIN

Win Rate: 23.1%
Avg Gain: -0.43%
Avg Winner: +1.28%
Avg Loser: -0.94%
Best: +2.57%
Worst: -1.61%
Trades: 3/10

30MIN

Win Rate: 23.1%
Avg Gain: -0.48%
Avg Winner: +1.06%
Avg Loser: -0.94%
Best: +1.36%
Worst: -1.79%
Trades: 3/10

60MIN

Win Rate: 15.4%
Avg Gain: -0.80%
Avg Winner: +1.10%
Avg Loser: -1.14%
Best: +1.27%
Worst: -2.64%
Trades: 2/11

EOD (End of Day)

Win Rate: 30.8%
Avg Gain: -0.85%
Avg Winner: +1.48%
Avg Loser: -1.88%
Best: +2.50%
Worst: -4.21%
Trades: 4/9

🚀 Max Favorable / Adverse Excursion (MFE/MAE)

Institutional-grade metrics showing the maximum profit potential and risk for each alert.

📈 MFE (Max Profit Potential)

Average MFE: +0.72%
Best MFE: +3.20%
Avg Time to MFE: 137 min

On average, SNPS alerts reach +0.72% profit potential within 137 minutes.

📉 MAE (Max Drawdown Risk)

Average MAE: -0.90%
Worst MAE: -2.17%
Avg Time to MAE: 24 min

Before reaching MFE, expect an average drawdown of 0.90%.

⚖️ Risk/Reward Ratio

0.8:1

Challenging risk/reward - consider tighter stops.

💡 Trading Insight: Based on 13 alerts, SNPS typically reaches +0.72% profit before pulling back. Consider setting profit targets around 0.6% to capture most of the move.

🌅 Premarket Gap Analysis (9:25 → 9:30)

Total Gaps Analyzed 13
Gap Up % 30.8%
Avg Gap -0.45%
Best Gap +0.15%

🏭 Sector Comparison: SERVICES-PREPACKAGED SOFTWARE

How SNPS compares to 137 other tickers in the same sector.

5-Min Gain
SNPS: -0.52% Sector: -0.09% -0.43%
EOD Gain
SNPS: -0.85% Sector: +73.64% -74.49%
Avg MFE
SNPS: +0.72% Sector: +4.32% -3.61%

📋 Last 20 Alerts

Historical SNPS alerts with performance metrics calculated from 1-minute price data. Each row shows the actual price movement at different timeframes after the alert.

Date Time Price 5min 15min 30min 60min EOD MFE MAE Gap Result
2024-10-03 09:28:06 $490.55 +0.29% +1.05% +1.16% +0.92% +0.99% +1.75% +0.01% +0.01% WIN
2024-08-01 09:25:56 $562.99 -0.54% +0.23% +0.67% -0.73% -3.96% +1.07% -1.38% -1.23% LOSS
2024-04-15 09:29:35 $567.8 -1.26% -0.89% -1.02% -1.83% -4.21% +0.02% -0.71% +0.02% LOSS
2024-03-25 09:26:33 $592.5 -1.27% -1.61% -1.78% -1.22% -1.38% -0.54% -0.62% -0.95% LOSS
2024-02-23 09:28:21 $585.38 -2.06% -1.32% -1.79% -1.73% -1.66% -0.06% -0.58% -0.24% LOSS
2023-12-14 09:29:00 $572.0 -0.36% -1.38% -1.59% -2.64% -3.59% -0.02% -0.50% -0.24% LOSS
2023-09-19 09:25:00 $458.37 -0.15% -0.34% -0.44% -0.33% +0.36% +0.45% -1.13% +0.11% LOSS
2023-05-30 09:29:00 $453.5 +1.24% +2.57% +1.36% +1.27% +2.50% +3.20% -0.33% +0.15% WIN
2023-05-04 09:25:00 $370.99 -0.45% -0.81% -0.90% -0.73% -1.18% -0.04% -1.22% -0.78% LOSS
2023-02-22 09:29:00 $355.52 -0.11% -0.16% -0.02% -0.20% -0.13% +1.00% -0.96% -0.30% LOSS
2022-11-09 09:25:00 $291.58 -0.92% -1.07% -0.62% -1.03% -0.51% +0.13% -1.57% -1.03% LOSS
2022-11-07 09:25:00 $281.45 -1.03% -1.60% -1.18% -1.94% -0.33% +0.08% -2.17% -0.91% LOSS
2022-07-19 09:25:00 $316.98 -0.11% -0.28% -0.09% -0.15% +2.06% +2.31% -0.56% -0.44% LOSS

Table Metrics Explained:

  • 5min/15min/30min/60min/EOD: Price change at each timeframe (calculated from real minute-by-minute data)
  • MFE: Maximum Favorable Excursion - highest profit potential reached during the day
  • MAE: Maximum Adverse Excursion - worst drawdown experienced before reaching MFE
  • Gap: Premarket price gap from 9:25 AM to 9:30 AM market open
  • Result: WIN if 5min change > 0%, LOSS otherwise

⚠️ SNPS Shows Negative Expectancy

With 30.8% win rate and -0.85% average gain, SNPS alerts have historically faded. Use the app to find specific filters that might reverse this pattern, or consider SNPS for short-selling strategies.

📉 Turn Negative Expectancy Positive →

Why Analyze SNPS with FILTRIX?

🛡️ Realistic Entry Simulation

We don't inflate stats. Our analysis tracks only the first alert of the day for SNPS. This simulates a true "Gap & Go" entry at pre-market hours (9:25-9:30 AM), avoiding the trap of chasing a stock that has already extended.

💰 Max Potential (MFE) Analysis

How much is left in the move? On winning days, SNPS historically offers an average upside of +0.72% intraday. Our data helps you distinguish between a quick scalp and a runner.

📊 SNPS Momentum Personality

With a baseline win rate of 30.8%, SNPS shows negative momentum - the stock tends to fade after alerts. This pattern suggests SNPS may be better suited for contrarian strategies or avoiding altogether.

⏱️ Optimized Exit Timing

⚠️ Caution Advised: SNPS shows negative expectancy across all tested intraday timeframes (Best: EOD (End of Day) at -0.85%). This suggests SNPS is prone to fading after the open, making it a potential candidate for short-selling or quick scalps only.