Trading Signals: CDNS Stock Price Prediction and Forecast

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Tue. Apr. 28, 2015

Trading Signals: CDNS Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Oct. 27, 2023)

(Cadence Design Systems Inc)
CDNS latest price $19.4200 (3.52%) ($19.1500 - $19.8250) on Tue. Apr. 28, 2015.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.33% (three month average)
RSI   55
Latest Price   $19.4200(3.52%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CDNS advances 0.6% a day on average for past five trading days.
Weekly Trend   CDNS advances 0.6% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support CDNS advance at 0% a week (0% probability)
QQQ(73%)    XLK(72%)    SPY(68%)    VT(64%)    SMH(63%)
Factors Impacting CDNS price   CDNS will decline at least -0.665% in a week (0% probabilities).
VIXM(-21%)    UUP(-10%)    TLT(-9%)    IGOV(-4%)    SHY(-1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.665% (StdDev 1.33%)
Hourly BBV 0 ()
Intraday Trend -0.1%

5 Day Moving Average   $19.14(1.46%)
10 Day Moving Average   $18.91(2.7%)
20 Day Moving Average   $18.82(3.19%)
To recent high   0%
To recent low   13.4%
Market Cap   $5.414b

Cadence Design Systems, Inc. engages in the design and development of integrated circuits and electronic devices. Its products include electronic design automation, software, emulation hardware, and intellectual property, commonly referred to as verification IP, and design IP. The company was founded by Alberto Sangiovanni-Vincentelli, Gudmundur A. Hjartarson, K. Bobby Chao, and K. Charles Janac in June 1988 and is headquartered in San Jose, CA.

$. CDNS price fluctuates within 1.65% (three month std-dev: 1.33%) daily (68% of days).

Sample size 42 Average positive next day return: 0.74%(52%) Average negative next day return: -0.71%(48%) Sample size 42 Average positive next three day return: 0.98%(60%) Average negative next three day return: -2.41%(40%) Sample size 42 Average positive next weekly return: 1.57%(52%) Average negative next weekly return: -2.56%(48%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20150528

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Apr_28_2015	18.4	18.82	18.91	19.14	19.2	19.2	19.42(3.52%)	UT	OpenLong	75	0.9	22	10	18	33	11.95	61%	0.05	75.8	1.33%	0	1.9	55	0
2	Apr_27_2015	18.39	18.77	18.82	19.02	19.1	19.04	18.76(-1.21%)	N/A	N/A	0	-0.9	0	-10	-3	9	5.53	56%	0	71.8	1.27%	0	-0	54	0
3	Apr_24_2015	18.39	18.74	18.85	19	19.05	19.19	18.99(-1.2%)	UD	OpenLong	75	-0	20	60	17	28	4.02	56%	0.05	53.2	1.26%	0	0.8	61	0
4	Apr_23_2015	18.38	18.69	18.86	18.88	18.82	19.15	19.22(-0.41%)	UD	OpenLong	75	1	25	110	24	28	4.59	56%	0	32.1	1.26%	0	1.5	65	0
5	Apr_22_2015	18.38	18.63	18.83	18.76	18.62	18.91	19.3(2.5%)	UT	OpenLong	75	1.5	28	90	28	27	4.58	56%	0.05	14	1.26%	0	1.9	68	0

6	Apr_21_2015	18.37	18.59	18.8	18.65	18.52	18.49	18.83(1.02%)	UT	OpenLong	75	0.6	12	-30	10	19	3.43	51%	0.05	7.6	1.23%	0	0.7	60	0
7	Apr_20_2015	18.36	18.59	18.78	18.61	18.51	18.33	18.64(1.14%)	N/A	N/A	0	0.1	-14	-80	-21	6	3.65	51%	-0.05	4.1	1.23%	0	0.2	57	0
8	Apr_17_2015	18.37	18.57	18.77	18.7	18.67	18.56	18.43(-0.91%)	N/A	N/A	0	-0.8	-8	-50	-20	29	4.15	51%	0	19.8	1.23%	0	-0.4	62	0
9	Apr_16_2015	18.37	18.57	18.78	18.82	18.84	18.69	18.6(-0.69%)	UD	OpenLong	65	-0.7	5	-50	-14	63	3.17	57%	0	41.3	1.23%	0	0.1	69	0
10	Apr_15_2015	18.37	18.58	18.77	18.91	18.96	18.78	18.73(0.43%)	UD	OpenLong	65	-0.6	9	-60	-15	81	4.05	52%	0	61.1	1.3%	0	0.5	73	0

11	Apr_14_2015	18.37	18.57	18.74	18.91	19.03	18.99	18.65(-2.2%)	UD	OpenLong	65	-1	19	-10	-6	92	4.21	52%	0	76	1.35%	0	0.3	54	0
12	Apr_13_2015	18.37	18.56	18.73	18.97	19.06	19.14	19.07(0.08%)	UT	OpenLong	75	0.3	37	40	15	102	5.15	56%	0.05	81.4	1.33%	0	1.6	62	0
13	Apr_10_2015	18.36	18.51	18.63	18.85	18.92	19.08	19.06(0.18%)	UT	OpenLong	75	0.7	31	70	16	75	11.19	56%	0.05	74.1	1.32%	0	1.8	57	0
14	Apr_9_2015	18.35	18.46	18.52	18.74	18.74	18.99	19.02(-0.26%)	UD	OpenLong	75	0.9	29	90	22	50	6.51	56%	0.05	60.1	1.33%	0	1.9	58	0
15	Apr_8_2015	18.34	18.4	18.42	18.61	18.61	18.76	19.07(2.25%)	UT	OpenLong	75	1.5	22	60	23	20	7.94	56%	0	39.9	1.33%	0	2.2	58	0

16	Apr_7_2015	18.34	18.33	18.35	18.49	18.46	18.49	18.65(1.03%)	N/A	N/A	0	0.6	4	10	6	-2	5.76	57%	0.05	20.9	1.31%	0	1.1	56	0
17	Apr_6_2015	18.33	18.31	18.34	18.45	18.41	18.45	18.46(-0.22%)	N/A	N/A	0	0	5	10	9	-7	5.24	52%	0	10.9	1.35%	0	0.6	48	0
18	Apr_2_2015	18.33	18.29	18.35	18.37	18.35	18.42	18.5(0.6%)	N/A	N/A	0	0.5	8	20	12	-4	1.96	48%	0	-1.4	1.41%	0	0.8	60	0
19	Apr_1_2015	18.33	18.29	18.36	18.27	18.23	18.36	18.39(-0.27%)	N/A	N/A	0	0.5	7	40	11	-4	3.22	48%	0	-16.9	1.41%	0	0.4	62	0
20	Mar_31_2015	18.33	18.28	18.38	18.19	18.12	18.28	18.44(0%)	N/A	N/A	0	1	5	50	6	0	3.26	48%	-0.05	-31	1.43%	0	0.6	65	0

21	Mar_30_2015	18.34	18.27	18.37	18.2	18.1	18.11	18.44(1.99%)	UT	OpenLong	75	0.9	5	-10	2	12	2.81	48%	0	-32.4	1.43%	0	0.6	65	0
22	Mar_27_2015	18.34	18.28	18.38	18.22	18.17	17.96	18.08(0.44%)	N/A	N/A	0	-0.5	-9	-90	-16	14	1.99	45%	0	-29.1	1.4%	0	-0.7	49	0
23	Mar_26_2015	18.34	18.29	18.38	18.33	18.32	18.09	18(0.06%)	N/A	N/A	0	-1.2	-10	-90	-22	28	3.24	45%	0	-20.3	1.41%	0	-1.1	50	0
24	Mar_25_2015	18.34	18.32	18.38	18.45	18.43	18.39	17.99(-2.7%)	N/A	N/A	0	-1.7	-4	-20	-18	40	2.7	45%	0	-3.4	1.41%	0	-1.2	47	0
25	Mar_24_2015	18.34	18.36	18.39	18.58	18.52	18.55	18.49(-0.19%)	UD	OpenLong	75	-0.3	17	0	4	56	2.67	49%		21.8	1.38%	0	0.5	50	0
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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