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     Mon. Aug. 31, 2015

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

(Cadence Design Systems Inc)

CDNS latest price $20.0200 (-0.6%) ($19.9600 - $20.2750) on Mon. Aug. 31, 2015.


Trend Analysis and Forecast
 
Average Daily Percentage Swing  1.84% (three month average)
RSI   37
Latest Price   $20.0200(-0.6%)
Stocks Behave Similarly  Similar Stock List
Daily Trend  CDNS advances 1% a day on average for past five trading days.
Weekly Trend  CDNS declines -4.2% a week on average for past two weeks.
Market Behavior  Value stocks sell-off for large cap. Value stock sell-off for small cap.
Correlated ETFs  Broad market will support CDNS advance at 0% a week (0% probability)
  IWF(74%)    QQQ(73%)    XLK(72%)    VUG(71%)    SPY(68%)  
Factors Impacting CDNS price  CDNS will decline at least -0.92% in a week (0% probabilities).
  VIXM(-20%)    UUP(-11%)    TLT(-8%)    IGOV(-3%)    SHY(-1%)  
Explanation   The rally is not sustainable and not supported by the broad market.
 
 
Relative Volatility   (options are extremely cheap)
 
Market Trend Strength  -0.92% (StdDev 1.84%)
Hourly BBV   0 ()
Intraday Trend   0.1%
  
 

  


1 - 5 Day Possible Target  $11.74(-41.36%)
Resistance Level  $20.63
5 Day Moving Average  $19.67(1.78%)
10 Day Moving Average  $20.06(-0.2%)
20 Day Moving Average  $20.63(-2.96%)
To recent high  -8.2%
To recent low  6.8%
Market Cap  $5.581b
 
 
 
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 4.22% (three month std-dev: 1.84%) daily (68% of days).

Sample size 4   Average positive next day return: 1.3%(50%)   Average negative next day return: -1.5%(50%)
Sample size 4   Average positive next three day return: 1.62%(25%)   Average negative next three day return: -3.4%(75%)
Sample size 4   Average positive next weekly return: 2.37%(25%)   Average negative next weekly return: -5.61%(75%)

Analysis   News   Options   Weekly Chart   Daily Chart   2 Month Daily Chart   

  >  20151001

iDateema100ema20ema10 ema5 Slow Hourly
Trend
Fast Hourly
Trend
ClosePatternTradePSMA5
BBV
 WTF lsma10
Trend
ema5
Trend
ema10
Trend
Volume
millions
Quarterly
Strength
100
Daily
Trend
Daily
Trend
Force
Daily
StdDev
Hourly
BBV
BBVRSIVIXCD
1Aug_31_201519.7820.6320.0619.67 19.8 20.0720.02(-0.6%)DPOpenShort-650.4   -19   120   18   -131   1.36    54%0.05-38.61.84%0-0.737INF
2Aug_28_201519.7720.6820.2219.47 19.57 19.9420.14(1%)DPOpenShort-650.8   -21   150   20   -143   1.99    54%0.05-35.61.84%0-0.638INF
3Aug_27_201519.7620.7220.3519.4 19.28 19.5219.94(2.2%)DPOpenShort-650.6   -37   70   1   -150   2.74    54%0.05-29.31.84%0-0.942INF
4Aug_26_201519.7520.7820.4919.51 19.35 19.2119.51(4.05%)DPOpenShort-750   -56   -80   -25   -147   2.51    52%0-18.31.83%0-1.539INF
5Aug_25_201519.7520.8620.6719.93 19.78 19.0418.75(-1.32%)DTOpenShort-75-1.5   -73   -280   -55   -128   2.46    47%0.0541.76%0-2.727INF
 
6Aug_24_201519.7420.9720.9420.5 20.39 19.519(-4.04%)DTOpenShort-75-2   -73   -320   -71   -79   3.24    47%-0.0531.81.76%0-2.632INF
7Aug_21_201519.7520.9921.221.06 21.06 20.5319.8(-3.27%)DTOpenShort-75-1.7   -41   -180   -49   -15   2.48    54%0.0549.11.69%0-1.637INF
8Aug_20_201519.7420.9821.3321.42 21.45 21.2720.47(-5.36%)N/AN/A0-1.2   -8   -50   -21   30   2.26    59%0.1581.65%0-0.745INF
9Aug_19_201519.7220.9321.3821.59 21.56 21.5921.63(0.05%)UTOpenLong750   19   10   5   62   2.24    71%0.259.21.5%00.868INF
10Aug_18_201519.6820.8221.3321.52 21.5 21.6221.62(-0.83%)UDOpenLong750.1   21   40   9   58   1.85    73%0.1556.11.5%0166INF
 
11Aug_17_201519.6520.7321.2621.46 21.37 21.5421.8(1.11%)UTOpenLong750.4   24   40   12   58   1.59    73%0.256.11.5%01.374INF
12Aug_14_201519.6120.6421.1721.38 21.3 21.3721.56(0.98%)UTHoldLong650.2   33   10   15   86   1.68    74%0.1555.41.5%01.188INF
13Aug_13_201519.5820.5421.1121.25 21.23 21.2121.35(0.47%)UTHoldLong650.1   33   -10   9   103   1.5    74%0.2511.51%0182INF
14Aug_12_201519.5420.4521.0721.14 21.11 21.2221.25(-0.47%)UDOpenLong750.1   32   30   2   120   1.88    74%0.1548.81.51%0178INF
15Aug_11_201519.5120.3721.0421.11 21.07 21.2421.35(-0.14%)UDOpenLong750.3   49   50   15   152   3.72    74%0.152.51.51%01.375INF
 
16Aug_10_201519.4920.2820.9821.02 21.02 2121.38(2.3%)UTOpenLong750.5   47   -10   9   162   2.11    74%0.1554.61.51%01.569INF
17Aug_7_201519.4620.220.7520.94 20.97 20.920.9(0.48%)UDOpenLong65-0.1   30   -20   -6   137   1.25    74%0.15571.49%0163INF
18Aug_6_201519.4320.1320.5920.96 20.99 20.920.8(-1.42%)UDOpenLong65-0.2   33   20   -2   136   1.41    74%0.160.31.5%00.967INF
19Aug_5_201519.4120.0620.4520.98 21 21.0421.1(0.76%)UTOpenLong750.2   40   20   6   142   1.98    70%0.1561.91.49%01.570INF
20Aug_4_201519.3819.9720.2920.96 20.94 21.0420.94(-0.19%)UDOpenLong75-0   36   0   2   137   1.71    70%0.1611.5%01.466INF
 
21Aug_3_201519.3619.8820.1820.93 20.92 20.9520.98(0.05%)UTOpenLong750.1   60   10   30   150   1.91    70%0.1661.51.5%01.767INF
22Jul_31_201519.3319.820.0620.53 20.75 20.9420.97(0.19%)UTOpenLong750.7   55   100   36   110   1.62    72%0.1642.51.52%01.965INF
23Jul_30_201519.319.7119.9120.16 20.26 20.8920.93(-0.19%)UDOpenLong751.4   48   230   40   72   2.78    69%0.1621.81.53%02.267INF
24Jul_29_201519.2719.6419.7719.84 19.84 20.5720.97(0.87%)UTOpenLong752.4   54   260   57   45   3.2    64%0.161.61.54%02.868INF
25Jul_28_201519.2419.5619.6319.54 19.49 19.6420.79(9.59%)UTOpenLong753.4   28   50   33   12   11.39    67%-24.91.57%03.370INF
iDateema100ema20ema10 ema5 Slow Hourly
Trend
Fast Hourly
Trend
ClosePatternTradePSMA5
BBV
 WTF lsma10
Trend
ema5
Trend
ema10
Trend
Volume
millions
Quarterly
Strength
100
Daily
Trend
Daily
Trend
Force
Daily
StdDev
Hourly
BBV
BBVRSIVIXCD
Click to see actual return for next trading day.
 
 
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