RYTHM's 15min chart sees KDJ Golden Cross, Bullish Marubozu pattern emerges.

According to the 15-minute chart, a bullish crossover has been observed in the KDJ indicator, coupled with a bullish marubozu candlestick formation on September 9, 2025 at 11:00. This suggests a shift in momentum towards the upside, indicating a potential increase in the stock price. The prevailing bullish trend, driven by strong buying activity, is likely to continue.

On September 9, 2025, at 11:00, a significant bullish crossover was observed in the KDJ indicator on the 15-minute chart, accompanied by a bullish marubozu candlestick formation for Synopsys Inc. (SNPS) stock. This technical analysis suggests a shift in momentum towards the upside, indicating a potential increase in the stock price. The prevailing bullish trend, driven by strong buying activity, is likely to continue.

Synopsys Inc., a leading company in the electronic design automation (EDA) and semiconductor intellectual property industries, has seen its stock price drop by 8.35% from its highest point this year. Currently, the stock price is at $598, nearing a correction phase. The stock has formed a bullish flag pattern ahead of its quarterly results scheduled for Tuesday, September 10, 2025 .

Synopsys, with a market capitalization of over $100 billion, has been one of the best-performing companies in Wall Street. Its stock has jumped from $198 in 2020 to $600 today, with its market capitalization rising from $29 billion to over $100 billion . The company's growth has been driven by both organic growth and acquisitions, with the most recent acquisition being Ansys in a $35 billion deal .

The upcoming quarterly results are expected to be a significant catalyst for the SNPS stock. Analysts predict revenue to come in at $1.7 billion, a 15.8% increase from the same period last year, with the most optimistic analyst expecting $1.81 billion . The third-quarter guidance is expected to be $2.59 billion, a 58% increase from the same period last year . Additionally, analysts see annual revenue coming in at $7.4 billion, followed by $10.45 billion in the coming year, making it one of the fastest-growing players in the technology space .

Technical analysis of the SNPS stock price chart shows that the stock has moved above the important support level at $593, the highest swing in December last year. The stock has also moved above the 50-day and 100-day Exponential Moving Averages (EMA), indicating that bulls are in control. Therefore, the stock is likely to have a strong bullish breakout, with the next key level to watch being at $650, its highest level this month, which is about 9% above the current level . A drop below the support at $570 will invalidate the bullish forecast.

In conclusion, the bullish crossover in the KDJ indicator and the bullish marubozu candlestick formation suggest a potential increase in Synopsys Inc. stock price. The upcoming quarterly results and the strong bullish trend driven by technical indicators and analyst expectations indicate that the stock may continue its upward momentum.

References:
https://cryptorank.io/news/feed/17682-synopsys-stock-price-bullish-flag-points-to-a-surge-after-earnings