tiprankstipranks
Cadence Design Systems (CDNS)
NASDAQ:CDNS

Cadence Design (CDNS) Technical Analysis

2,257 Followers

Technical Sentiment

Overall Consensus
Buy
14Bullish
5Neutral
3Bearish
Technical Analysis Consensus
Buy
4Bullish
5Neutral
1Bearish
Moving Average Consensus
Strong Buy
10Bullish
0Neutral
2Bearish
Cadence Design Systems’s (CDNS) Moving Averages Convergence Divergence (MACD) indicator is 4.88, suggesting Cadence Design Systems is a Sell.
Cadence Design Systems’s (CDNS) 20-Day exponential moving average is 310.51, while Cadence Design Systems’s (CDNS) share price is $311.34, making it a Buy.
Cadence Design Systems’s (CDNS) 50-Day exponential moving average is 300.26, while Cadence Design Systems’s (CDNS) share price is $311.34, making it a Buy.

Cadence Design (CDNS) Pivot Points

Mar 28, 2024, 05:16 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
307.96
310.59
313.40
316.02
318.83
321.46
324.27
Fibonacci
310.59
312.66
313.95
316.02
318.10
319.38
321.46
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

Mar 28, 2024, 05:16 AM
Period
Simple
Exponential
MA5
318.92Sell
316.50Sell
MA10
311.83Buy
314.13Buy
MA20
310.99Buy
310.51Buy
MA50
301.39Buy
300.26Buy
MA100
283.47Buy
285.51Buy
MA200
259.33Buy
262.95Buy
Cadence Design Systems’s (CDNS) 10-Day exponential moving average is 314.13, while Cadence Design Systems’s (CDNS) share price is $311.34, making it a Buy.
Cadence Design Systems’s (CDNS) 100-Day exponential moving average is 285.51, while Cadence Design Systems’s (CDNS) share price is $311.34, making it a Buy.
Cadence Design Systems’s (CDNS) stock price is $311.34 and Cadence Design Systems’s (CDNS) 50-day simple moving average is 301.39, creating a Buy signal.
Cadence Design Systems’s (CDNS) stock price is $311.34 and Cadence Design Systems’s (CDNS) 100-day simple moving average is 283.47, creating a Buy signal.
Cadence Design Systems’s (CDNS) stock price is $311.34 and Cadence Design Systems’s (CDNS) 200-day simple moving average is 259.33, creating a Buy signal.

Cadence Design (CDNS) Technical Indicators

Mar 28, 2024, 05:16 AM
Name
Value
Implied Action
RSI (14)
56.54
Neutral
STOCH (9,6)
69.11
Neutral
STOCHRSI (14)
69.11
Neutral
MACD (12,26)
4.88
Sell
ADX (14)
12.11
Buy
Williams %R
-38.79
Buy
CCI (14)
79.98
Neutral
ATR (14)
8.00
-
Ultimate Oscillator
55.44
Neutral
ROC
1.07
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 12.11, creating a Buy signal.
Cadence Design Systems’s (CDNS) Commodity Channel Index (CCI) is 79.98, creating a Neutral signal.
Cadence Design Systems’s (CDNS) Price Rate of Change (ROC) is 1.07, creating a Buy 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 56.54, which suggests CDNS is a Neutral.
      What is CDNS’s MACD?
      CDNS’s MACD is 4.88, which suggests CDNS is a Sell.
        What is CDNS’s 5-day moving average?
        CDNS’s 5-day moving average is 318.92, which suggests CDNS is a Sell.
          What is CDNS’s 20-day moving average?
          CDNS 20-day moving average is 310.99, which suggests CDNS is a Buy.
            What is CDNS’s 50-day moving average?
            CDNS’s 50-day moving average is 301.39, which suggests CDNS is a Buy.
              What is CDNS’s 200-day moving average?
              CDNS’s 200-day moving average is 259.33, which suggests CDNS is a Buy.
                What is CDNS’s Williams % R (14)?
                CDNS’s Williams % R (14) is -38.79, which suggests CDNS is a Buy.
                  What is CDNS’s CCI (14)?
                  CDNS’s CCI (14) is 79.98, which suggests CDNS is a Neutral.
                    What's Included in PREMIUM?
                    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