Cadence Design Systems (CDNS)
NASDAQ:CDNS

Cadence Design (CDNS) Technical Analysis

1,816 Followers

Technical Sentiment

Overall Consensus
Buy
13Bullish
5Neutral
4Bearish
Technical Analysis Consensus
Sell
2Bullish
5Neutral
3Bearish
Moving Average Consensus
Strong Buy
11Bullish
0Neutral
1Bearish
Cadence Design Systems’s (CDNS) Moving Averages Convergence Divergence (MACD) indicator is 7.55, suggesting Cadence Design Systems is a Sell.
Cadence Design Systems’s (CDNS) 20-Day exponential moving average is 262.08, while Cadence Design Systems’s (CDNS) share price is $275.21, making it a Buy.
Cadence Design Systems’s (CDNS) 50-Day exponential moving average is 251.55, while Cadence Design Systems’s (CDNS) share price is $275.21, making it a Buy.

Cadence Design (CDNS) Pivot Points

Nov 29, 2023, 10:50 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
262.88
265.54
268.55
271.21
274.22
276.88
279.89
Fibonacci
265.54
267.71
269.05
271.21
273.38
274.72
276.88
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 29, 2023, 10:50 PM
Period
Simple
Exponential
MA5
270.72Sell
270.40Buy
MA10
269.75Buy
267.99Buy
MA20
260.91Buy
262.08Buy
MA50
247.48Buy
251.55Buy
MA100
241.05Buy
241.68Buy
MA200
226.53Buy
223.89Buy
Cadence Design Systems’s (CDNS) 10-Day exponential moving average is 267.99, while Cadence Design Systems’s (CDNS) share price is $275.21, making it a Buy.
Cadence Design Systems’s (CDNS) 100-Day exponential moving average is 241.68, while Cadence Design Systems’s (CDNS) share price is $275.21, making it a Buy.
Cadence Design Systems’s (CDNS) stock price is $275.21 and Cadence Design Systems’s (CDNS) 50-day simple moving average is 247.48, creating a Buy signal.
Cadence Design Systems’s (CDNS) stock price is $275.21 and Cadence Design Systems’s (CDNS) 100-day simple moving average is 241.05, creating a Buy signal.
Cadence Design Systems’s (CDNS) stock price is $275.21 and Cadence Design Systems’s (CDNS) 200-day simple moving average is 226.53, creating a Buy signal.

Cadence Design (CDNS) Technical Indicators

Nov 29, 2023, 10:50 PM
Name
Value
Implied Action
RSI (14)
69.77
Neutral
STOCH (9,6)
72.41
Neutral
STOCHRSI (14)
85.92
Sell
MACD (12,26)
7.55
Sell
ADX (14)
37.93
Neutral
Williams %R
17.22
Sell
CCI (14)
77.20
Neutral
ATR (14)
5.37
-
Ultimate Oscillator
56.68
Neutral
ROC
6.70
Buy
Cadence Design Systems’s (CDNS) Relative Strength Index (RSI) is 69.77, creating a Neutral signal.
Cadence Design Systems’s (CDNS) Trend Strength Indicator (ADX) is 37.93, creating a Neutral signal.
Cadence Design Systems’s (CDNS) Commodity Channel Index (CCI) is 77.20, creating a Neutral signal.
Cadence Design Systems’s (CDNS) Price Rate of Change (ROC) is 6.70, 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 69.77, which suggests CDNS is a Neutral.
      What is CDNS’s MACD?
      CDNS’s MACD is 7.55, which suggests CDNS is a Sell.
        What is CDNS’s 5-day moving average?
        CDNS’s 5-day moving average is 270.72, which suggests CDNS is a Sell.
          What is CDNS’s 20-day moving average?
          CDNS 20-day moving average is 260.91, which suggests CDNS is a Buy.
            What is CDNS’s 50-day moving average?
            CDNS’s 50-day moving average is 247.48, which suggests CDNS is a Buy.
              What is CDNS’s 200-day moving average?
              CDNS’s 200-day moving average is 226.53, 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 77.20, which suggests CDNS is a Neutral.

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