Technical Analysis for CDNS - Cadence Design Systems, Inc.

Grade Last Price % Change Price Change
grade A 46.62 1.92% 0.88
CDNS closed up 1.92 percent on Friday, January 18, 2019, on 1.17 times normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Up Up
See historical CDNS trend table...

Date Alert Name Type % Chg
Jan 18 Pocket Pivot Bullish Swing Setup 0.00%
Jan 18 Overbought Stochastic Strength 0.00%
Jan 18 Up 3 Days in a Row Strength 0.00%
Jan 18 Up 4 Days in a Row Strength 0.00%
Jan 17 Cup with Handle Other 1.92%
Jan 17 Overbought Stochastic Strength 1.92%
Jan 17 Up 3 Days in a Row Strength 1.92%
Jan 16 Cup with Handle Other 2.76%
Jan 16 Narrow Range Bar Range Contraction 2.76%
Jan 16 NR7 Range Contraction 2.76%

Older signals for CDNS ...

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Profile
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.
Is CDNS a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 47.4
52 Week Low 35.49
Average Volume 1,639,119
200-Day Moving Average 43.5042
50-Day Moving Average 43.8978
20-Day Moving Average 43.5245
10-Day Moving Average 44.709
Average True Range 1.1103
ADX 13.76
+DI 28.4137
-DI 15.6447
Chandelier Exit (Long, 3 ATRs ) 43.2991
Chandelier Exit (Short, 3 ATRs ) 43.6409
Upper Bollinger Band 46.7053
Lower Bollinger Band 40.3437
Percent B (%b) 0.99
BandWidth 14.616136
MACD Line 0.6447
MACD Signal Line 0.2584
MACD Histogram 0.3864
Fundamentals Value
Market Cap 13.06 Billion
Num Shares 280 Million
EPS 0.86
Price-to-Earnings (P/E) Ratio 54.21
Price-to-Sales 6.40
Price-to-Book 12.58
PEG Ratio 2.68
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 48.12
Resistance 3 (R3) 47.96 47.29 47.87
Resistance 2 (R2) 47.29 46.91 47.38 47.79
Resistance 1 (R1) 46.96 46.68 47.13 47.12 47.70
Pivot Point 46.29 46.29 46.38 46.38 46.29
Support 1 (S1) 45.96 45.91 46.13 46.12 45.54
Support 2 (S2) 45.29 45.68 45.38 45.45
Support 3 (S3) 44.96 45.29 45.37
Support 4 (S4) 45.12