Cadence Design Systems, Inc. Common Stock (CDNS) Technical Analysis

$283.77▲-0.29%

Insights

Cadence Design Systems Inc. is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.
Based on analysis of the Oscillators technical indicator, the current market trend for Cadence Design Systems Inc. stock suggests that it is range bound and no decision can be made based on this information
Based on analysis of the Moving Averages technical indicator, Cadence Design Systems Inc. stock is in a downtrend↘️
Based on analysis of the Pivot Points, the current market trend for Cadence Design Systems Inc. stock suggests that it is a good time to sell or bad time to initiate a fresh position

Analysis Summary

Oscillators

Sell

Neutral

Buy

Moving Averages

Sell

Neutral

Buy

Pivots

Sell

Neutral

Buy

Oscillators

Name	Value	Action
Relative Strength Index	28.71	Buy
Stochastic	4.46, 4.9	Neutral
Ultimate Oscillator	31.15	Neutral
Stochastic Relative Strength Index	0.41, 5.38	Neutral
Moving Average Convergence Divergence	-11.95, -8.12	Neutral

Moving Averages

Simple Moving Average

Period (Days)	Value	Action
10	314.74	Sell
20	317.73	Sell
50	338.02	Sell

Exponential Moving Average

Period (Days)	Value	Action
10	305.62	Sell
20	315.93	Sell
50	331.6	Sell

Volume Weighted Moving Average

Period (Days)	Value	Action
10	311.38	Sell
20	315.87	Sell
50	334.82	Sell

Double Exponential Moving Average

Period (Days)	Value	Action
10	292.07	Sell
20	300.97	Sell
50	317.58	Sell

Triple Exponential Moving Average

Period (Days)	Value	Action
10	284.98	Sell
20	296.47	Sell
50	301.31	Sell

Pivot

Pivot	Value
Resistance L3	305.54
Resistance L2	300.68
Resistance L1	292.4
Pivot Point	287.54
Support L1	279.25
Support L2	274.4
Support L3	266.11

*Disclaimer: The content present here is for informational purposes only, you should not construe any such information or other material as investment advisory.