The best indicator for Synopsys (SNPS)
We backtested 20 indicators across daily, weekly and hourly charts on real Synopsys (SNPS) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Stochastic
On the weekly chart, this is the strongest risk-adjusted edge we found for Synopsys (SNPS) over ~34.4 years — trailing buy-and-hold by 3.2% CAGR.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | Stochastic ✓ | Weekly | 9.5% | 0.54 | -42.3% | 78.8% | 33 | -3.2% |
| 2 | Holy Grail Confluence ✓ | Daily | 9.2% | 0.5 | -42.8% | 81.6% | 49 | -3.5% |
| 3 | WaveTrend (8/6/4) ✓ | Weekly | 9.0% | 0.47 | -55.0% | 79.3% | 29 | -3.7% |
| 4 | WaveTrend (8/6/4) ✓ | Daily | 9.4% | 0.46 | -49.2% | 67.2% | 128 | -3.3% |
| 5 | Williams %R ✓ | Weekly | 7.9% | 0.44 | -42.3% | 83.3% | 48 | -4.8% |
| 6 | Bollinger Mean-Reversion ✓ | Weekly | 6.5% | 0.43 | -48.2% | 82.6% | 23 | -6.2% |
| 7 | Bollinger Mean-Reversion ✓ | Daily | 6.7% | 0.4 | -59.1% | 69.5% | 141 | -6.0% |
| 8 | CCI ✓ | Weekly | 6.9% | 0.4 | -51.6% | 83.8% | 37 | -5.8% |
| 9 | Money Flow Index ✓ | Daily | 6.5% | 0.38 | -50.7% | 77.8% | 36 | -6.2% |
| 10 | Stochastic ✓ | Daily | 5.9% | 0.35 | -71.6% | 70.8% | 161 | -6.8% |
| 11 | RSI Mean-Reversion ✓ | Daily | 4.6% | 0.34 | -53.5% | 82.6% | 46 | -8.0% |
| 12 | EMA 50/200 Cross ✓ | Daily | 4.9% | 0.31 | -72.8% | 41.7% | 24 | -7.8% |
| 13 | SMA 50/200 Cross ✓ | Daily | 4.4% | 0.29 | -78.2% | 42.9% | 28 | -8.3% |
| 14 | CCI ✓ | Daily | 4.2% | 0.29 | -70.7% | 71.6% | 169 | -8.5% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Synopsys (SNPS), Stochastic on the weekly timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
More stock
Get the weekly edge report
The best-performing indicator per asset, what changed this week, and the honest caveats — straight to your inbox.