Trading Signals: CDNS Stock Price Prediction and Forecast

^ CDNS: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Tue. Sep. 15, 2015

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

(Cadence Design Systems Inc)
CDNS latest price $21.1400 (2.27%) ($20.6800 - $21.1900) on Tue. Sep. 15, 2015.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.93% (three month average)
RSI   78
Latest Price   $21.1400(2.27%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CDNS advances 0.3% a day on average for past five trading days.
Weekly Trend   CDNS advances 2.7% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Value stock rally 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%)    SKYY(70%)
Factors Impacting CDNS price   CDNS will decline at least -0.965% in a week (0% probabilities).
VIXM(-20%)    UUP(-12%)    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   -0.965% (StdDev 1.93%)
Hourly BBV 0 ()
Intraday Trend 2%

5 Day Moving Average   $20.77(1.78%)
10 Day Moving Average   $20.54(2.92%)
20 Day Moving Average   $20.31(4.09%)
To recent high   -3%
To recent low   12.7%
Market Cap   $5.894b

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 3.64% (three month std-dev: 1.93%) daily (68% of days).

Sample size 2 Average positive next day return: 4.41%(50%) Average negative next day return: -0.39%(50%) Sample size 2 Average positive next three day return: 2.24%(100%) Average negative next three day return: %(0%) Sample size 2 Average positive next weekly return: 3.26%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20151015

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_15_2015	19.97	20.31	20.54	20.77	20.74	20.78	21.14(2.27%)	UT	HoldLong	65	0.5	27	10	7	87	1.52	63%	0.15	-17.9	1.93%	0	1.1	78	INF
2	Sep_14_2015	19.94	20.33	20.42	20.71	20.71	20.65	20.67(0.1%)	UT	OpenLong	75	-0.1	26	-20	2	98	2.21	61%	0.1	-16.7	1.91%	0	0.4	71	INF
3	Sep_11_2015	19.92	20.37	20.37	20.63	20.74	20.7	20.65(-0.58%)	UD	OpenLong	75	0	25	0	0	98	2.51	61%	0.05	-15.2	1.91%	0	0.3	58	INF
4	Sep_10_2015	19.91	20.4	20.3	20.61	20.65	20.7	20.77(0.78%)	UT	OpenLong	75	0.2	31	50	10	94	2.6	61%	0.1	-12.9	1.91%	0	0.4	51	INF
5	Sep_9_2015	19.89	20.41	20.17	20.44	20.54	20.78	20.61(-1.15%)	UD	OpenLong	75	0.2	29	100	20	54	2.01	60%	0.05	-17.4	1.91%	0	0.2	41	INF

6	Sep_8_2015	19.88	20.44	20	20.26	20.3	20.52	20.85(2.76%)	RB	SmallLong	20	0.7	13	80	18	-2	2.38	57%	0.2	-20.7	1.91%	0	0.5	42	INF
7	Sep_4_2015	19.84	20.46	19.81	20.1	20.03	20.3	20.29(-1.12%)	DP	OpenShort	-65	0.2	-9	80	8	-61	1.87	56%	0.1	-23.9	1.89%	0	-0.2	36	INF
8	Sep_3_2015	19.82	20.49	19.75	20.07	19.97	20.08	20.52(2.96%)	DP	OpenShort	-65	0.5	-10	20	16	-87	3.63	57%	0.1	-25.6	1.88%	0	0	40	INF
9	Sep_2_2015	19.8	20.51	19.73	19.95	19.92	19.76	19.93(1.06%)	DP	OpenShort	-65	-0	-28	-60	2	-118	2.41	54%	0.05	-29.6	1.86%	0	-0.6	37	INF
10	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	INF

11	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	INF
12	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	INF
13	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	INF
14	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	INF
15	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	INF

16	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	INF
17	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	INF
18	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	INF
19	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	INF
20	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	INF

21	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	INF
22	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	INF
23	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	INF
24	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	INF
25	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%		52.5	1.51%	0	1.3	75	INF
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

Click to see actual return for next trading day.