Trading Signals: CDNS Stock Price Prediction and Forecast

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Tue. Sep. 1, 2015

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

(Cadence Design Systems Inc)
CDNS latest price $19.7200 (-1.5%) ($19.2700 - $19.9700) on Tue. Sep. 1, 2015.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.85% (three month average)
RSI   36
Latest Price   $19.7200(-1.5%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CDNS advances 1% a day on average for past five trading days.
Weekly Trend   CDNS declines -3.8% a week on average for past two weeks.
Market Behavior   Broad based 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 -0.925% 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   -0.925% (StdDev 1.85%)
Hourly BBV 0 ()
Intraday Trend 0.1%

1 - 5 Day Possible Target   $11.52(-41.58%)
Resistance Level   $20.57
5 Day Moving Average   $19.87(-0.75%)
10 Day Moving Average   $19.88(-0.8%)
20 Day Moving Average   $20.57(-4.13%)
To recent high   -9.5%
To recent low   5.2%
Market Cap   $5.498b

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 4.33% (three month std-dev: 1.85%) daily (68% of days).

Sample size 1 Average positive next day return: 0%(0%) Average negative next day return: -2.93%(100%) Sample size 1 Average positive next three day return: 1.4%(100%) Average negative next three day return: %(0%) Sample size 1 Average positive next weekly return: 4.85%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20151001

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	Sep_1_2015	19.79	20.57	19.88	19.87	19.9	19.86	19.72(-1.5%)	DT	HoldShort	-50	-0.2	-25	-10	7	-120	2.4	54%	0.05	-32.1	1.85%	0	-1	36	0
2	Aug_31_2015	19.78	20.63	20.06	19.67	19.8	20.07	20.02(-0.6%)	DP	OpenShort	-65	0.4	-19	120	18	-131	1.36	54%	0.05	-38.6	1.84%	0	-0.7	37	0
3	Aug_28_2015	19.77	20.68	20.22	19.47	19.57	19.94	20.14(1%)	DP	OpenShort	-65	0.8	-21	150	20	-143	1.99	54%	0.05	-35.6	1.84%	0	-0.6	38	0
4	Aug_27_2015	19.76	20.72	20.35	19.4	19.28	19.52	19.94(2.2%)	DP	OpenShort	-65	0.6	-37	70	1	-150	2.74	54%	0.05	-29.3	1.84%	0	-0.9	42	0
5	Aug_26_2015	19.75	20.78	20.49	19.51	19.35	19.21	19.51(4.05%)	DP	OpenShort	-75	0	-56	-80	-25	-147	2.51	52%	0	-18.3	1.83%	0	-1.5	39	0

6	Aug_25_2015	19.75	20.86	20.67	19.93	19.78	19.04	18.75(-1.32%)	DT	OpenShort	-75	-1.5	-73	-280	-55	-128	2.46	47%	0.05	4	1.76%	0	-2.7	27	0
7	Aug_24_2015	19.74	20.97	20.94	20.5	20.39	19.5	19(-4.04%)	DT	OpenShort	-75	-2	-73	-320	-71	-79	3.24	47%	-0.05	31.8	1.76%	0	-2.6	32	0
8	Aug_21_2015	19.75	20.99	21.2	21.06	21.06	20.53	19.8(-3.27%)	DT	OpenShort	-75	-1.7	-41	-180	-49	-15	2.48	54%	0.05	49.1	1.69%	0	-1.6	37	0
9	Aug_20_2015	19.74	20.98	21.33	21.42	21.45	21.27	20.47(-5.36%)	N/A	N/A	0	-1.2	-8	-50	-21	30	2.26	59%	0.1	58	1.65%	0	-0.7	45	0
10	Aug_19_2015	19.72	20.93	21.38	21.59	21.56	21.59	21.63(0.05%)	UT	OpenLong	75	0	19	10	5	62	2.24	71%	0.2	59.2	1.5%	0	0.8	68	0

11	Aug_18_2015	19.68	20.82	21.33	21.52	21.5	21.62	21.62(-0.83%)	UD	OpenLong	75	0.1	21	40	9	58	1.85	73%	0.15	56.1	1.5%	0	1	66	0
12	Aug_17_2015	19.65	20.73	21.26	21.46	21.37	21.54	21.8(1.11%)	UT	OpenLong	75	0.4	24	40	12	58	1.59	73%	0.2	56.1	1.5%	0	1.3	74	0
13	Aug_14_2015	19.61	20.64	21.17	21.38	21.3	21.37	21.56(0.98%)	UT	HoldLong	65	0.2	33	10	15	86	1.68	74%	0.15	55.4	1.5%	0	1.1	88	0
14	Aug_13_2015	19.58	20.54	21.11	21.25	21.23	21.21	21.35(0.47%)	UT	HoldLong	65	0.1	33	-10	9	103	1.5	74%	0.2	51	1.51%	0	1	82	0
15	Aug_12_2015	19.54	20.45	21.07	21.14	21.11	21.22	21.25(-0.47%)	UD	OpenLong	75	0.1	32	30	2	120	1.88	74%	0.15	48.8	1.51%	0	1	78	0

16	Aug_11_2015	19.51	20.37	21.04	21.11	21.07	21.24	21.35(-0.14%)	UD	OpenLong	75	0.3	49	50	15	152	3.72	74%	0.1	52.5	1.51%	0	1.3	75	0
17	Aug_10_2015	19.49	20.28	20.98	21.02	21.02	21	21.38(2.3%)	UT	OpenLong	75	0.5	47	-10	9	162	2.11	74%	0.15	54.6	1.51%	0	1.5	69	0
18	Aug_7_2015	19.46	20.2	20.75	20.94	20.97	20.9	20.9(0.48%)	UD	OpenLong	65	-0.1	30	-20	-6	137	1.25	74%	0.15	57	1.49%	0	1	63	0
19	Aug_6_2015	19.43	20.13	20.59	20.96	20.99	20.9	20.8(-1.42%)	UD	OpenLong	65	-0.2	33	20	-2	136	1.41	74%	0.1	60.3	1.5%	0	0.9	67	0
20	Aug_5_2015	19.41	20.06	20.45	20.98	21	21.04	21.1(0.76%)	UT	OpenLong	75	0.2	40	20	6	142	1.98	70%	0.15	61.9	1.49%	0	1.5	70	0

21	Aug_4_2015	19.38	19.97	20.29	20.96	20.94	21.04	20.94(-0.19%)	UD	OpenLong	75	-0	36	0	2	137	1.71	70%	0.1	61	1.5%	0	1.4	66	0
22	Aug_3_2015	19.36	19.88	20.18	20.93	20.92	20.95	20.98(0.05%)	UT	OpenLong	75	0.1	60	10	30	150	1.91	70%	0.16	61.5	1.5%	0	1.7	67	0
23	Jul_31_2015	19.33	19.8	20.06	20.53	20.75	20.94	20.97(0.19%)	UT	OpenLong	75	0.7	55	100	36	110	1.62	72%	0.16	42.5	1.52%	0	1.9	65	0
24	Jul_30_2015	19.3	19.71	19.91	20.16	20.26	20.89	20.93(-0.19%)	UD	OpenLong	75	1.4	48	230	40	72	2.78	69%	0.16	21.8	1.53%	0	2.2	67	0
25	Jul_29_2015	19.27	19.64	19.77	19.84	19.84	20.57	20.97(0.87%)	UT	OpenLong	75	2.4	54	260	57	45	3.2	64%		1.6	1.54%	0	2.8	68	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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