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Cadence Design (CDNS) Technical (Analysis) Reports Cadence Design ["Technical Analysis"] Reports -USA Stock Exchange MunafaSutra.com

Complete & easy to understand technical analysis of Cadence Design (CDNS)

Technical Analysis Report for USA stock CDNS Cadence Design. Dated: 17 Jul 2024 Updated Daily. Stock trades under Technology Deals in Computer Software Prepackaged Software in USA stock exchange

If you are looking for Tomorrow's Movement Predictions for USA stock CDNS Cadence Design then click here. or read Experts views on Cadence Design or Forecast & share price targets of Cadence Design

Cadence Design Opened at 305.41 and Closed at: 288.12, which is -8.19% of previous session's close. It moved within a range of 287.83 and 305.50
The session was a Bearish session with an average volume of 3558700, which is 62.54% of previous session's volumes.

• The stock has fallen, and its short term trend is also negative and in a downtrend.
• Even though the stock has fallen, but its mid term trend is positive and in an uptrend.
• Even though the stock has fallen, but its long term trend is positive and in an uptrend.

A Golden cross was found 4 days back on short term averages

A Dead cross was found 9 days back on short term averages

Support for tomorrow is 279.14 and resistance for tomorrow is 296.81
These support and resistance points are valid for the first 5-15 minutes charts

Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.

Support for tomorrow's hourly charts is 282.13, 276.15 resistance for tomorrow's hourly charts is 299.8, 311.49

10 Day SMA for Cadence Design (CDNS) is 313.42 and stock is trading below these levels. This is not a good sign for its short term trend

20 Day SMA for Cadence Design (CDNS) is 313 and the stock is trading below these levels. This is not a good sign for its mid term trend

50 Day SMA for Cadence Design (CDNS) is 302.68 and the stock is trading below these levels. This is not a good sign for its mid to long term trend

100 Day SMA is 302.14 and the stock is trading below these levels. This is not a good sign for its long term trend

200 Day SMA Cadence Design is 286.24 and stock is trading above these levels. This is a good sign for its long term trend

20 DMA of Cadence Design is at 313 and 200 DMA is at 286.24, while 50 DMA and 100 DMA are at 302.68 and 302.14 respectively

Cadence Design (CDNS) moving average of 20 SMA is at 313 and 20 EMA is at 310.84

Cadence Design (CDNS) moving average of 50 SMA is at 302.68 and 50 EMA is at 306

Cadence Design (CDNS) moving average of 100 SMA is at 302.14 and 100 EMA is at 299.5

Cadence Design (CDNS) moving average of 200 SMA is at 286.24 and 200 EMA is at 284.41

Celestica Inc has performed better than Cadence Design in short term. You could have earned much better returns by investing in Celestica Inc, about 11.41% more returns!

Zscaler Inc has performed better than Cadence Design in short term. You could have earned much better returns by investing in Zscaler Inc, about 18.71% more returns!

Xerox Corporation has performed better than Cadence Design in short term. You could have earned much better returns by investing in Xerox Corporation, about 0.21% more returns!

Verisk Analytics has performed better than Cadence Design in short term. You could have earned much better returns by investing in Verisk Analytics, about 13.68% more returns!

Sps Commerce has performed better than Cadence Design in short term. You could have earned much better returns by investing in Sps Commerce, about 23.34% more returns!

Synopsys Inc has performed better than Cadence Design in short term. You could have earned much better returns by investing in Synopsys Inc, about 3.03% more returns!

Cadence Design has performed better than Solaredge Technologies in short term. Holding Cadence Design could be a better choice for now!

Ptc Inc has performed better than Cadence Design in short term. You could have earned much better returns by investing in Ptc Inc, about 11.67% more returns!

Palo Alto has performed better than Cadence Design in short term. You could have earned much better returns by investing in Palo Alto, about 16.33% more returns!

Omnicell Inc has performed better than Cadence Design in short term. You could have earned much better returns by investing in Omnicell Inc, about 10.97% more returns!

Microsoft Corporation has performed better than Cadence Design in short term. You could have earned much better returns by investing in Microsoft Corporation, about 9.06% more returns!

Magic Software has performed better than Cadence Design in short term. You could have earned much better returns by investing in Magic Software, about 17.91% more returns!

Intevac Inc has performed better than Cadence Design in short term. You could have earned much better returns by investing in Intevac Inc, about 13.42% more returns!

Electronic Arts has performed better than Cadence Design in short term. You could have earned much better returns by investing in Electronic Arts, about 16.19% more returns!

Digimarc Corporation has performed better than Cadence Design in short term. You could have earned much better returns by investing in Digimarc Corporation, about 42% more returns!

Diodes Incorporated has performed better than Cadence Design in short term. You could have earned much better returns by investing in Diodes Incorporated, about 25.05% more returns!

Advanced Micro has performed better than Cadence Design in short term. You could have earned much better returns by investing in Advanced Micro, about 8.1% more returns!

Cadence Design Technical analysis of indicators

Price action analysis of Cadence Design (CDNS) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Cadence Design stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Cadence Design in short term but the sell signal is initial and weak.

Cadence Design Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Cadence Design in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Cadence Design is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 308.66 and Cadence Design CDNS stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Cadence Design CDNS stock. Volume based technical analysis of Cadence Design CDNS stock is negative.

Cadence Design Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Tomorrow's Predictions

You should also read Tomorrow's Movement Predictions for USA stock CDNS Cadence Design These predictions are based on various factors, are easy to understand, and upto 75% accurate!

And CDNS Experts View which covers a lot of information including buying and selling signals

CDNS future forecast & share price targets

You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Cadence Design or View Candle Stick Charts here