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Cadence Design Systems (CDNS)
NASDAQ:CDNS
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Cadence Design (CDNS) Technical Analysis

2,806 Followers

Technical Sentiment

Overall Consensus
Strong Buy
14Bullish
6Neutral
2Bearish
Technical Analysis Consensus
Neutral
2Bullish
6Neutral
2Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Cadence Design Systems’s (CDNS) Moving Averages Convergence Divergence (MACD) indicator is 8.17, suggesting Cadence Design Systems is a Sell.
Cadence Design Systems’s (CDNS) 20-Day exponential moving average is 290.63, while Cadence Design Systems’s (CDNS) share price is $307.21, making it a Buy.
Cadence Design Systems’s (CDNS) 50-Day exponential moving average is 281.47, while Cadence Design Systems’s (CDNS) share price is $307.21, making it a Buy.

Cadence Design (CDNS) Pivot Points

Nov 21, 2024, 04:27 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
283.17
286.61
293.12
296.56
303.07
306.51
313.02
Fibonacci
286.61
290.41
292.76
296.56
300.36
302.71
306.51
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

Nov 21, 2024, 04:27 PM
Period
Simple
Exponential
MA5
298.14Buy
299.66Buy
MA10
299.88Buy
297.12Buy
MA20
288.51Buy
290.63Buy
MA50
276.99Buy
281.47Buy
MA100
276.83Buy
280.08Buy
MA200
288.46Buy
284.19Buy
Cadence Design Systems’s (CDNS) 10-Day exponential moving average is 297.12, while Cadence Design Systems’s (CDNS) share price is $307.21, making it a Buy.
Cadence Design Systems’s (CDNS) 100-Day exponential moving average is 280.08, while Cadence Design Systems’s (CDNS) share price is $307.21, making it a Buy.
Cadence Design Systems’s (CDNS) stock price is $307.21 and Cadence Design Systems’s (CDNS) 50-day simple moving average is 276.99, creating a Buy signal.
Cadence Design Systems’s (CDNS) stock price is $307.21 and Cadence Design Systems’s (CDNS) 100-day simple moving average is 276.83, creating a Buy signal.
Cadence Design Systems’s (CDNS) stock price is $307.21 and Cadence Design Systems’s (CDNS) 200-day simple moving average is 288.46, creating a Buy signal.

Cadence Design (CDNS) Technical Indicators

Nov 21, 2024, 04:27 PM
Name
Value
Implied Action
RSI (14)
61.48
Neutral
STOCH (9,6)
52.66
Neutral
STOCHRSI (14)
69.20
Neutral
MACD (12,26)
8.17
Sell
ADX (14)
27.24
Neutral
Williams %R
-17.22
Sell
CCI (14)
72.97
Neutral
ATR (14)
9.26
-
Ultimate Oscillator
59.08
Neutral
ROC
10.10
Buy
Cadence Design Systems’s (CDNS) Relative Strength Index (RSI) is 61.48, creating a Neutral signal.
Cadence Design Systems’s (CDNS) Trend Strength Indicator (ADX) is 27.24, creating a Neutral signal.
Cadence Design Systems’s (CDNS) Commodity Channel Index (CCI) is 72.97, creating a Neutral signal.
Cadence Design Systems’s (CDNS) Price Rate of Change (ROC) is 10.10, 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 61.48, which suggests CDNS is a Neutral.
      What is CDNS’s MACD?
      CDNS’s MACD is 8.17, which suggests CDNS is a Sell.
        What is CDNS’s 5-day moving average?
        CDNS’s 5-day moving average is 298.14, which suggests CDNS is a Buy.
          What is CDNS’s 20-day moving average?
          CDNS 20-day moving average is 288.51, which suggests CDNS is a Buy.
            What is CDNS’s 50-day moving average?
            CDNS’s 50-day moving average is 276.99, which suggests CDNS is a Buy.
              What is CDNS’s 200-day moving average?
              CDNS’s 200-day moving average is 288.46, which suggests CDNS is a Buy.
                What is CDNS’s Williams % R (14)?
                CDNS’s Williams % R (14) is -17.22, which suggests CDNS is a Sell.
                  What is CDNS’s CCI (14)?
                  CDNS’s CCI (14) is 72.97, which suggests CDNS is a Neutral.
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