Technical Analysis for CDNS - Cadence Design Systems, Inc.

Grade Last Price % Change Price Change
D 124.2 -1.97% -2.49
CDNS closed down 1.65 percent on Friday, March 5, 2021, on 2.35 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down
Historical CDNS trend table...

Date Alert Name Type % Chg
MACD Bearish Centerline Cross Bearish -1.97%
Lower Bollinger Band Walk Weakness -1.97%
Stochastic Reached Oversold Weakness -1.97%
Multiple of Ten Bearish Other -1.97%
Below Lower BB Weakness -1.97%
Down 3 Days in a Row Weakness -1.97%
Down 4 Days in a Row Weakness -1.97%
Lower Bollinger Band Touch Weakness -1.97%
Oversold Stochastic Weakness -1.97%
Multiple of Ten Bearish Other -3.58%
Older End-of-Day Signals for CDNS ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Trending on StockTwits 24 minutes ago
2x Volume Pace about 1 hour ago
1.5x Volume Pace about 1 hour ago
Rose Above Lower Bollinger Band about 2 hours ago
Down 2 % about 2 hours ago
View Earlier Intraday Alerts

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Cadence Design Systems, Inc. Description

Cadence Design Systems, Inc. develops, sells or leases, licenses, and maintains electronic design automation (EDA) software, hardware, verification intellectual property (VIP), and design intellectual property (Design IP) for semiconductor and electronics systems companies worldwide. It offers functional verification products, including logic verification products that enable customers to coordinate verification activities across multiple teams and various specialists for verification planning and closure; system design and verification products for hardware-software verification, as well as for system power exploration, analysis, and optimization; and Design IP products consisting of pre-verified functional blocks to integrate into customer's SoCs to accelerate the development process and to reduce the risk of errors in the design process. The company also provides custom integrated circuits (ICs) design and verification products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and RF designs. In addition, the company provides digital IC design products, such as logic design products for chip planning, design, verification, and test technologies and services; and physical implementation products, which enable customers to create a physical representation of logic models, analyze electrical and physical characteristics of a design, and prepare a design for manufacturing. Further, it offers system interconnect design products to develop printed circuit boards and IC packages; and design for manufacturing products, such as physical verification, manufacturing optimization, and layout analysis products to analyze, optimize, and verify the correctness of construction of physical blueprint of the IC. The company also offers engineering, methodology, education, and hosted design solutions. Cadence Design Systems, Inc. was founded in 1983 and is headquartered in San Jose, California.


Sector: Technology
Industry: Software - Application
Keywords: Electronics Semiconductor Integrated Circuits IBD 50 Electronic Engineering Printed Circuit Board Transistor Electronic Design Digital Electronics Electronic Design Automation Manufacturing Products Design Solutions Electronics Systems Test Technologies

Is CDNS a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength


Indicator Value
52 Week High 149.08
52 Week Low 51.39
Average Volume 1,584,479
200-Day Moving Average 113.81
50-Day Moving Average 136.36
20-Day Moving Average 138.52
10-Day Moving Average 136.31
Average True Range 5.60
ADX 17.15
+DI 19.53
-DI 37.57
Chandelier Exit (Long, 3 ATRs ) 132.27
Chandelier Exit (Short, 3 ATRs ) 139.43
Upper Bollinger Band 149.30
Lower Bollinger Band 127.75
Percent B (%b) -0.05
BandWidth 15.56
MACD Line -0.61
MACD Signal Line 0.96
MACD Histogram -1.5643
Fundamentals Value
Market Cap 35.34 Billion
Num Shares 279 Million
EPS 3.86
Price-to-Earnings (P/E) Ratio 32.85
Price-to-Sales 12.93
Price-to-Book 13.58
PEG Ratio 3.94
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 138.98
Resistance 3 (R3) 138.98 134.90 136.93
Resistance 2 (R2) 134.90 131.77 134.89 136.24
Resistance 1 (R1) 130.79 129.84 128.75 130.79 135.56
Pivot Point 126.71 126.71 125.69 126.70 126.71
Support 1 (S1) 122.60 123.58 120.56 122.60 117.82
Support 2 (S2) 118.52 121.65 118.51 117.14
Support 3 (S3) 114.41 118.52 116.45
Support 4 (S4) 114.41