The best indicator for Synopsys (SNPS)
We backtested 382 indicators across daily, weekly and hourly charts on real Synopsys (SNPS) history. Here's what actually worked — risk-adjusted over the full backtest, with costs, and checked out-of-sample.
Where Synopsys (SNPS) stands
Computed from our own daily OHLCV history, not quoted from a third party. Moving averages use closing prices; "52-week" is the last 252 trading sessions.
Connors RSI-2
On the daily chart, this is the strongest risk-adjusted edge we found for Synopsys (SNPS) over ~34.6 years — beating buy-and-hold by 2.7% CAGR.
Synopsys (SNPS) on the daily chart
The timeframe our backtest found best for this asset. The chart is live market data; the results above are hypothetical and historical.
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Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Synopsys (SNPS) — trailing buy-and-hold by 9.5% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.
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 | Connors RSI-2 ✓ | Daily | 15.0% | 0.73 | -35.3% | 65.4% | 396 | 2.7% |
| 2 | Connors RSI ✓ | Daily | 14.5% | 0.68 | -50.8% | 65.8% | 415 | 2.2% |
| 3 | Murrey Math Lines ✓ | Daily | 11.6% | 0.56 | -46.9% | 83.2% | 95 | -0.7% |
| 4 | Camarilla Pivots ✓ | Weekly | 10.8% | 0.54 | -48.3% | 55.0% | 349 | -1.4% |
| 5 | Holy Grail Confluence ✓ | Daily | 9.7% | 0.52 | -42.8% | 82.0% | 50 | -2.6% |
| 6 | Connors RSI-2 ✓ | Weekly | 9.6% | 0.52 | -46.6% | 69.5% | 82 | -2.6% |
| 7 | Projection Bands ✓ | Daily | 10.1% | 0.51 | -68.1% | 70.8% | 301 | -2.3% |
| 8 | Connors RSI ✓ | Weekly | 9.5% | 0.51 | -46.5% | 71.9% | 89 | -2.7% |
| 9 | Lorentzian Classification ✓ | Weekly | 10.5% | 0.51 | -52.1% | 53.8% | 346 | -1.7% |
| 10 | Stochastic ✓ | Weekly | 9.2% | 0.5 | -41.8% | 87.5% | 32 | -3.0% |
| 11 | Stochastic Momentum Index ✓ | Weekly | 7.6% | 0.5 | -40.7% | 82.8% | 29 | -4.5% |
| 12 | SMC: Liquidity Sweep ✓ | Daily | 10.6% | 0.49 | -54.1% | 78.8% | 118 | -1.8% |
| 13 | Pivot Points (Standard) ✓ | Weekly | 8.9% | 0.49 | -59.9% | 58.1% | 241 | -3.3% |
| 14 | Fibonacci Pivots ✓ | Weekly | 9.3% | 0.49 | -62.0% | 60.1% | 268 | -2.9% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on Synopsys (SNPS)
0 of 682 tested setups beat buy-and-hold on Synopsys (SNPS) outright. Another 198 could get there with leverage they would survive — but 427 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| QQE | — | 1.47× | 1.84× |
| Supertrend (7,2) | — | 1.71× | 3.11× |
| CMO (21) | — | 1.74× | 3.13× |
| Zero-Lag MACD | — | 1.78× | 2.2× |
| EMA 8/21 Cross | — | 1.82× | 2.69× |
| Ehlers Stochastic | — | 1.88× | 2.93× |
Out-of-sample, costs included. A setup is only listed if the leverage it needs is less than the leverage its own worst drawdown survives — when it isn't, no amount of leverage gets there. Volatility drag isn't modelled, so these are the optimistic case. Every indicator, ranked this way
For Synopsys (SNPS), Connors RSI-2 on the daily timeframe gave the best balance of return and risk in our test. It beat buy-and-hold — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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