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Cadence Design Systems (CDNS)
NASDAQ:CDNS

Cadence Design (CDNS) Technical Analysis

2,370 Followers

Technical Sentiment

Overall Consensus
Buy
13Bullish
3Neutral
6Bearish
Technical Analysis Consensus
Neutral
4Bullish
3Neutral
3Bearish
Moving Average Consensus
Buy
9Bullish
0Neutral
3Bearish
Cadence Design Systems’s (CDNS) Moving Averages Convergence Divergence (MACD) indicator is -2.02, suggesting Cadence Design Systems is a Sell.
Cadence Design Systems’s (CDNS) 20-Day exponential moving average is 287.14, while Cadence Design Systems’s (CDNS) share price is $288.81, making it a Buy.
Cadence Design Systems’s (CDNS) 50-Day exponential moving average is 291.65, while Cadence Design Systems’s (CDNS) share price is $288.81, making it a Sell.

Cadence Design (CDNS) Pivot Points

May 18, 2024, 05:49 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
280.83
284.78
286.85
290.80
292.87
296.82
298.89
Fibonacci
284.78
287.08
288.50
290.80
293.10
294.52
296.82
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

May 18, 2024, 05:49 AM
Period
Simple
Exponential
MA5
287.73Buy
288.10Buy
MA10
286.32Buy
286.59Buy
MA20
282.89Buy
287.14Buy
MA50
297.46Sell
291.65Sell
MA100
293.45Sell
288.36Buy
MA200
270.16Buy
270.28Buy
Cadence Design Systems’s (CDNS) 10-Day exponential moving average is 286.59, while Cadence Design Systems’s (CDNS) share price is $288.81, making it a Buy.
Cadence Design Systems’s (CDNS) 100-Day exponential moving average is 288.36, while Cadence Design Systems’s (CDNS) share price is $288.81, making it a Buy.
Cadence Design Systems’s (CDNS) stock price is $288.81 and Cadence Design Systems’s (CDNS) 50-day simple moving average is 297.46, creating a Sell signal.
Cadence Design Systems’s (CDNS) stock price is $288.81 and Cadence Design Systems’s (CDNS) 100-day simple moving average is 293.45, creating a Sell signal.
Cadence Design Systems’s (CDNS) stock price is $288.81 and Cadence Design Systems’s (CDNS) 200-day simple moving average is 270.16, creating a Buy signal.

Cadence Design (CDNS) Technical Indicators

May 18, 2024, 05:49 AM
Name
Value
Implied Action
RSI (14)
50.23
Neutral
STOCH (9,6)
68.93
Neutral
STOCHRSI (14)
82.10
Sell
MACD (12,26)
-2.02
Sell
ADX (14)
14.83
Buy
Williams %R
-24.35
Buy
CCI (14)
114.14
Sell
ATR (14)
6.42
-
Ultimate Oscillator
45.06
Neutral
ROC
2.24
Buy
Cadence Design Systems’s (CDNS) Relative Strength Index (RSI) is 50.23, creating a Neutral signal.
Cadence Design Systems’s (CDNS) Trend Strength Indicator (ADX) is 14.83, creating a Buy signal.
Cadence Design Systems’s (CDNS) Commodity Channel Index (CCI) is 114.14, creating a Sell signal.
Cadence Design Systems’s (CDNS) Price Rate of Change (ROC) is 2.24, 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 50.23, which suggests CDNS is a Neutral.
      What is CDNS’s MACD?
      CDNS’s MACD is -2.02, which suggests CDNS is a Sell.
        What is CDNS’s 5-day moving average?
        CDNS’s 5-day moving average is 287.73, which suggests CDNS is a Buy.
          What is CDNS’s 20-day moving average?
          CDNS 20-day moving average is 282.89, which suggests CDNS is a Buy.
            What is CDNS’s 50-day moving average?
            CDNS’s 50-day moving average is 297.46, which suggests CDNS is a Sell.
              What is CDNS’s 200-day moving average?
              CDNS’s 200-day moving average is 270.16, which suggests CDNS is a Buy.
                What is CDNS’s Williams % R (14)?
                CDNS’s Williams % R (14) is -24.35, which suggests CDNS is a Buy.
                  What is CDNS’s CCI (14)?
                  CDNS’s CCI (14) is 114.14, which suggests CDNS is a Sell.
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