tiprankstipranks
Cadence Design Systems (CDNS)
NASDAQ:CDNS
US Market
Holding CDNS?
Track your performance easily

Cadence Design (CDNS) Technical Analysis

2,856 Followers

Technical Sentiment

Overall Consensus
Buy
11Bullish
5Neutral
6Bearish
Technical Analysis Consensus
Buy
4Bullish
5Neutral
1Bearish
Moving Average Consensus
Buy
7Bullish
0Neutral
5Bearish
Cadence Design Systems’s (CDNS) Moving Averages Convergence Divergence (MACD) indicator is -1.37, suggesting Cadence Design Systems is a Buy.
Cadence Design Systems’s (CDNS) 20-Day exponential moving average is 301.36, while Cadence Design Systems’s (CDNS) share price is $298.9, making it a Sell.
Cadence Design Systems’s (CDNS) 50-Day exponential moving average is 298.71, while Cadence Design Systems’s (CDNS) share price is $298.9, making it a Buy.

Cadence Design (CDNS) Pivot Points

Jan 18, 2025, 07:17 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
295.72
298.03
299.38
301.69
303.03
305.34
306.69
Fibonacci
298.03
299.43
300.29
301.69
303.08
303.95
305.34
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

Jan 18, 2025, 07:17 AM
Period
Simple
Exponential
MA5
297.06Buy
298.54Buy
MA10
299.94Sell
299.68Sell
MA20
302.12Sell
301.36Sell
MA50
303.60Sell
298.71Buy
MA100
285.44Buy
293.33Buy
MA200
288.19Buy
294.24Buy
Cadence Design Systems’s (CDNS) 10-Day exponential moving average is 299.68, while Cadence Design Systems’s (CDNS) share price is $298.9, making it a Sell.
Cadence Design Systems’s (CDNS) 100-Day exponential moving average is 293.33, while Cadence Design Systems’s (CDNS) share price is $298.9, making it a Buy.
Cadence Design Systems’s (CDNS) stock price is $298.9 and Cadence Design Systems’s (CDNS) 50-day simple moving average is 303.60, creating a Sell signal.
Cadence Design Systems’s (CDNS) stock price is $298.9 and Cadence Design Systems’s (CDNS) 100-day simple moving average is 285.44, creating a Buy signal.
Cadence Design Systems’s (CDNS) stock price is $298.9 and Cadence Design Systems’s (CDNS) 200-day simple moving average is 288.19, creating a Buy signal.

Cadence Design (CDNS) Technical Indicators

Jan 18, 2025, 07:17 AM
Name
Value
Implied Action
RSI (14)
47.53
Neutral
STOCH (9,6)
33.66
Neutral
STOCHRSI (14)
33.66
Neutral
MACD (12,26)
-1.37
Buy
ADX (14)
15.75
Buy
Williams %R
-62.71
Buy
CCI (14)
-43.97
Neutral
ATR (14)
7.82
-
Ultimate Oscillator
39.95
Neutral
ROC
-3.14
Sell
Cadence Design Systems’s (CDNS) Relative Strength Index (RSI) is 47.53, creating a Neutral signal.
Cadence Design Systems’s (CDNS) Trend Strength Indicator (ADX) is 15.75, creating a Buy signal.
Cadence Design Systems’s (CDNS) Commodity Channel Index (CCI) is -43.97, creating a Neutral signal.
Cadence Design Systems’s (CDNS) Price Rate of Change (ROC) is -3.14, creating a Sell signal.

FAQ

Is CDNS a Buy, Hold, or Sell?
Based on CDNS’s technical indicators, CDNS is a Buy.
    What is CDNS’s RSI (14)?
    CDNS’s RSI (14) is 47.53, which suggests CDNS is a Neutral.
      What is CDNS’s MACD?
      CDNS’s MACD is -1.37, which suggests CDNS is a Buy.
        What is CDNS’s 5-day moving average?
        CDNS’s 5-day moving average is 297.06, which suggests CDNS is a Buy.
          What is CDNS’s 20-day moving average?
          CDNS 20-day moving average is 302.12, which suggests CDNS is a Sell.
            What is CDNS’s 50-day moving average?
            CDNS’s 50-day moving average is 303.60, which suggests CDNS is a Sell.
              What is CDNS’s 200-day moving average?
              CDNS’s 200-day moving average is 288.19, which suggests CDNS is a Buy.
                What is CDNS’s Williams % R (14)?
                CDNS’s Williams % R (14) is -62.71, which suggests CDNS is a Buy.
                  What is CDNS’s CCI (14)?
                  CDNS’s CCI (14) is -43.97, which suggests CDNS is a Neutral.
                    What am I Missing?
                    Make informed decisions based on Top Analysts' activity
                    Know what industry insiders are buying
                    Get actionable alerts from top Wall Street Analysts
                    Find out before anyone else which stock is going to shoot up
                    Get powerful stock screeners & detailed portfolio analysis