Technical Analysis for CDNS - Cadence Design Systems, Inc.

Grade Last Price % Change Price Change
grade B 63.99 0.42% 0.27
CDNS closed up 0.42 percent on Friday, May 24, 2019, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Up Down Down
See historical CDNS trend table...

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Oversold Stochastic Weakness 0.00%
MACD Bearish Centerline Cross Bearish 0.42%
Lower Bollinger Band Walk Weakness 0.42%
Below Lower BB Weakness 0.42%
Gapped Down Weakness 0.42%
Lower Bollinger Band Touch Weakness 0.42%
Oversold Stochastic Weakness 0.42%

Older signals for CDNS ...

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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.
Manufacturing Electronics Semiconductor Integrated Circuits Electronic Engineering Electronic Design Digital Electronics Electronic Design Automation Manufacturing Products Electronics Systems
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: 2 bullish, 2 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicator Value
52 Week High 70.49
52 Week Low 39.08
Average Volume 2,166,712
200-Day Moving Average 51.2842
50-Day Moving Average 65.4756
20-Day Moving Average 67.769
10-Day Moving Average 66.464
Average True Range 1.5956
ADX 34.15
+DI 17.944
-DI 29.5312
Chandelier Exit (Long, 3 ATRs ) 65.70319999999999
Chandelier Exit (Short, 3 ATRs ) 68.0968
Upper Bollinger Band 71.8639
Lower Bollinger Band 63.6741
Percent B (%b) 0.04
BandWidth 12.084877
MACD Line -0.2245
MACD Signal Line 0.5817
MACD Histogram -0.8061
Fundamentals Value
Market Cap 17.93 Billion
Num Shares 280 Million
EPS 0.86
Price-to-Earnings (P/E) Ratio 74.41
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) 64.82
Resistance 3 (R3) 64.84 64.58 64.68
Resistance 2 (R2) 64.58 64.37 64.57 64.63
Resistance 1 (R1) 64.29 64.24 64.44 64.27 64.59
Pivot Point 64.03 64.03 64.11 64.02 64.03
Support 1 (S1) 63.74 63.82 63.89 63.72 63.39
Support 2 (S2) 63.48 63.69 63.47 63.35
Support 3 (S3) 63.19 63.48 63.30
Support 4 (S4) 63.17