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Cadence Design Systems (CDNS)
NASDAQ:CDNS

Cadence Design (CDNS) Technical Analysis

2,490 Followers

Technical Sentiment

Overall Consensus
Strong Buy
15Bullish
5Neutral
2Bearish
Technical Analysis Consensus
Buy
4Bullish
5Neutral
1Bearish
Moving Average Consensus
Strong Buy
11Bullish
0Neutral
1Bearish
Cadence Design Systems’s (CDNS) Moving Averages Convergence Divergence (MACD) indicator is 4.73, suggesting Cadence Design Systems is a Buy.
Cadence Design Systems’s (CDNS) 20-Day exponential moving average is 306.95, while Cadence Design Systems’s (CDNS) share price is $316.78, making it a Buy.
Cadence Design Systems’s (CDNS) 50-Day exponential moving average is 300.69, while Cadence Design Systems’s (CDNS) share price is $316.78, making it a Buy.

Cadence Design (CDNS) Pivot Points

Jul 03, 2024, 03:26 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
300.28
303.88
305.81
309.41
311.34
314.94
316.87
Fibonacci
303.88
305.99
307.29
309.41
311.52
312.82
314.94
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Cadence Design (CDNS) Moving Averages

Jul 03, 2024, 03:26 AM
Period
Simple
Exponential
MA5
309.49Buy
310.16Buy
MA10
314.21Sell
310.25Buy
MA20
306.51Buy
306.95Buy
MA50
293.91Buy
300.69Buy
MA100
300.10Buy
294.89Buy
MA200
280.21Buy
277.20Buy
Cadence Design Systems’s (CDNS) 10-Day exponential moving average is 310.25, while Cadence Design Systems’s (CDNS) share price is $316.78, making it a Buy.
Cadence Design Systems’s (CDNS) 100-Day exponential moving average is 294.89, while Cadence Design Systems’s (CDNS) share price is $316.78, making it a Buy.
Cadence Design Systems’s (CDNS) stock price is $316.78 and Cadence Design Systems’s (CDNS) 50-day simple moving average is 293.91, creating a Buy signal.
Cadence Design Systems’s (CDNS) stock price is $316.78 and Cadence Design Systems’s (CDNS) 100-day simple moving average is 300.10, creating a Buy signal.
Cadence Design Systems’s (CDNS) stock price is $316.78 and Cadence Design Systems’s (CDNS) 200-day simple moving average is 280.21, creating a Buy signal.

Cadence Design (CDNS) Technical Indicators

Jul 03, 2024, 03:26 AM
Name
Value
Implied Action
RSI (14)
56.54
Neutral
STOCH (9,6)
11.43
Buy
STOCHRSI (14)
44.17
Neutral
MACD (12,26)
4.73
Buy
ADX (14)
24.72
Neutral
Williams %R
-52.41
Buy
CCI (14)
20.31
Neutral
ATR (14)
7.07
-
Ultimate Oscillator
46.73
Neutral
ROC
4.98
Buy
Cadence Design Systems’s (CDNS) Relative Strength Index (RSI) is 56.54, creating a Neutral signal.
Cadence Design Systems’s (CDNS) Trend Strength Indicator (ADX) is 24.72, creating a Neutral signal.
Cadence Design Systems’s (CDNS) Commodity Channel Index (CCI) is 20.31, creating a Neutral signal.
Cadence Design Systems’s (CDNS) Price Rate of Change (ROC) is 4.98, creating a Buy signal.

FAQ

Is CDNS a Buy, Hold, or Sell?
Based on CDNS’s technical indicators, CDNS is a Strong Buy.
    What is CDNS’s RSI (14)?
    CDNS’s RSI (14) is 56.54, which suggests CDNS is a Neutral.
      What is CDNS’s MACD?
      CDNS’s MACD is 4.73, which suggests CDNS is a Buy.
        What is CDNS’s 5-day moving average?
        CDNS’s 5-day moving average is 309.49, which suggests CDNS is a Buy.
          What is CDNS’s 20-day moving average?
          CDNS 20-day moving average is 306.51, which suggests CDNS is a Buy.
            What is CDNS’s 50-day moving average?
            CDNS’s 50-day moving average is 293.91, which suggests CDNS is a Buy.
              What is CDNS’s 200-day moving average?
              CDNS’s 200-day moving average is 280.21, which suggests CDNS is a Buy.
                What is CDNS’s Williams % R (14)?
                CDNS’s Williams % R (14) is -52.41, which suggests CDNS is a Buy.
                  What is CDNS’s CCI (14)?
                  CDNS’s CCI (14) is 20.31, which suggests CDNS is a Neutral.
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