CDNS NEWS why is Cadence Design Systems, Inc. price falling or rising

CDNS NEWS reasons for why stock price of Cadence Design Systems, Inc. is falling or rising

CDNS Cadence Design is falling or rising technical reasons

Technical analysis forecast of Cadence Design Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Cadence Design CDNS at this time. Stock is rising and might rise more.

It appears as if Cadence Design CDNS gave a large move recently.

Stock of Cadence Design (CDNS) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Cadence Design is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 280 as stoploss in an intra day sell trade for a target of 267.46. However, stock will show a bullish move above 280.

CDNS Cadence Design is falling or rising NEWS fundamental reasons

After-Hours Earnings Report for October 28, 2024 : WM, WELL, CDNS, F, BRO, SBAC, REG, FFIV, EHC, CR, BRX, AMKR The following companies are expected to report earnings after hours on 10/28/2024. Visit our Earnings Calendar for a full list of expected earnings releases.Waste Management, Inc. (WM)is reporting for the quarter ending September 30, 2024. The waste remov - NEWS as on 2024-10-28 nasdaq.com

More announcements and NEWS

CDNS Cadence Design Systems, Inc. current price & indicator signals

Moving Averages for Cadence Design Systems, Inc.

  • 5Day Average: 272.13
  • 12Day Average: 262.51
  • 20Day Average: 267.3
  • 50Day Average: 266.6
  • 100Day Average: 278.31
  • 150Day Average: 282.78
  • 200Day Average: 288.26

CDNS Indicators & signals

Indicator MACD (12,26,9)

268.29, 267.49, -1.56
Indicator MACD is in positive zone

Indicator ADX (14)

23.22, 34.41, 21.44
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of CDNS Cadence Design Systems, Inc. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
31 Thu Oct 2024 276.12 276.07 to 288.49 -4.79% 0.92 times
30 Wed Oct 2024 290.00 278.77 to 290.20 1.95% 1.14 times
29 Tue Oct 2024 284.45 271.99 to 287.02 12.53% 1.98 times
28 Mon Oct 2024 252.77 251.81 to 258.91 -1.76% 1.05 times
25 Fri Oct 2024 257.30 254.19 to 260.09 2.4% 0.67 times
24 Thu Oct 2024 251.28 247.46 to 251.87 0.88% 0.59 times
23 Wed Oct 2024 249.09 246.92 to 251.23 -0.96% 0.58 times
22 Tue Oct 2024 251.51 246.60 to 252.99 -0.65% 0.97 times
21 Mon Oct 2024 253.15 252.71 to 258.13 -2.08% 0.94 times
18 Fri Oct 2024 258.52 258.25 to 265.12 -1.71% 1.34 times
17 Thu Oct 2024 263.03 262.85 to 268.88 0.03% 0.74 times
16 Wed Oct 2024 262.95 262.46 to 271.91 -2.42% 0.71 times

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CDNS NEWS why is Cadence Design Systems, Inc. price falling or rising

 

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