The best indicator for Synopsys (SNPS)
We backtested 366 indicators across daily, weekly and hourly charts on real Synopsys (SNPS) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Connors RSI-2
On the daily chart, this is the strongest risk-adjusted edge we found for Synopsys (SNPS) over ~34.2 years — beating buy-and-hold by 2.7% CAGR.
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 | 15.4% | 0.74 | -35.3% | 65.7% | 391 | 2.7% |
| 2 | Connors RSI ✓ | Daily | 15.0% | 0.69 | -50.8% | 65.9% | 411 | 2.4% |
| 3 | Murrey Math Lines ✓ | Daily | 11.2% | 0.54 | -46.9% | 82.8% | 93 | -1.5% |
| 4 | Projection Bands ✓ | Daily | 10.5% | 0.53 | -68.1% | 70.8% | 298 | -2.2% |
| 5 | Connors RSI-2 ✓ | Weekly | 9.8% | 0.53 | -46.6% | 70.4% | 81 | -2.8% |
| 6 | Connors RSI ✓ | Weekly | 9.9% | 0.52 | -46.5% | 72.7% | 88 | -2.8% |
| 7 | Camarilla Pivots ✓ | Weekly | 10.2% | 0.52 | -48.3% | 55.5% | 344 | -2.4% |
| 8 | Stochastic Momentum Index ✓ | Weekly | 7.7% | 0.51 | -40.7% | 85.7% | 28 | -5.0% |
| 9 | Holy Grail Confluence ✓ | Daily | 9.2% | 0.5 | -42.8% | 81.6% | 49 | -3.5% |
| 10 | Stochastic ✓ | Weekly | 9.3% | 0.5 | -41.8% | 90.3% | 31 | -3.4% |
| 11 | MA Envelope ✓ | Daily | 9.9% | 0.49 | -67.0% | 70.8% | 253 | -2.7% |
| 12 | Lorentzian Classification ✓ | Weekly | 10.0% | 0.49 | -52.1% | 53.5% | 344 | -2.7% |
| 13 | SMC: Liquidity Sweep ✓ | Daily | 10.7% | 0.49 | -54.1% | 78.6% | 117 | -1.9% |
| 14 | VWAP Bands ✓ | Daily | 8.0% | 0.48 | -58.1% | 76.9% | 134 | -4.6% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
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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