Trading Signals: CDNS Stock Price Prediction and Forecast

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

Thu. Mar. 30, 2017

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

(Cadence Design Systems Inc)
CDNS latest price $31.3500 (-0.54%) ($31.3200 - $31.6400) on Thu. Mar. 30, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.69% (three month average)
RSI   51
Latest Price   $31.3500(-0.54%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CDNS declines -0.2% a day on average for past five trading days.
Weekly Trend   CDNS declines -0.2% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support CDNS advance at 0% a week (0% probability)
IWF(76%)    IVW(75%)    QQQ(75%)    XLK(74%)    VUG(73%)
Factors Impacting CDNS price   CDNS will decline at least -0.845% in a week (0% probabilities).
VIXM(-16%)    UUP(-15%)    TLT(-7%)    IPO(-3%)    IGOV(-2%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.845% (StdDev 1.69%)
Hourly BBV 0 ()
Intraday Trend -0.6%

Resistance Level   $31.52
5 Day Moving Average   $31.51(-0.51%)
10 Day Moving Average   $31.63(-0.89%)
20 Day Moving Average   $31.52(-0.54%)
To recent high   -1.8%
To recent low   24.3%
Market Cap   $8.74b

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 0.79% (three month std-dev: 1.69%) daily (68% of days).

Sample size 1 Average positive next day return: 0%(0%) Average negative next day return: -2.41%(100%) Sample size 1 Average positive next three day return: 0%(0%) Average negative next three day return: -0.12%(100%) Sample size 1 Average positive next weekly return: 1.04%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170430

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	Mar_30_2017	27.95	31.52	31.63	31.51	31.48	31.45	31.35(-0.54%)	DT	OpenShort	-75	-0.6	-6	-10	-5	-7	2.28	80%	0.25	26.6	1.69%	0	-0.7	51	0
2	Mar_29_2017	27.88	31.51	31.66	31.58	31.55	31.5	31.52(0.45%)	N/A	N/A	0	-0.2	-3	-10	-4	2	2.38	80%	0.22	40.5	1.7%	0	0	59	0
3	Mar_28_2017	27.82	31.5	31.67	31.64	31.64	31.52	31.38(-0.95%)	UD	OpenLong	65	-0.9	2	-30	-1	9	2.09	74%	0.22	48.3	1.7%	0	-0.4	53	0
4	Mar_27_2017	27.76	31.48	31.67	31.66	31.52	31.6	31.68(0.22%)	N/A	N/A	0	0.1	-3	0	-8	11	2.1	74%	0.25	53.9	1.72%	0	0.7	62	0
5	Mar_24_2017	27.69	31.47	31.69	31.71	31.6	31.76	31.61(-0.38%)	UD	OpenLong	75	-0.4	12	30	7	28	1.3	74%	0.29	80.9	1.72%	0	0.5	66	0

6	Mar_23_2017	27.61	31.45	31.67	31.76	31.6	31.44	31.73(-0.16%)	UD	OpenLong	75	-0.1	8	-60	0	31	0.99	74%	0.25	93.9	1.73%	0	0.9	66	0
7	Mar_22_2017	27.54	31.4	31.63	31.74	31.65	31.45	31.78(0.86%)	N/A	N/A	0	0.1	-3	-50	-13	27	1.12	74%	0.25	100	1.73%	0	1.2	68	0
8	Mar_21_2017	27.47	31.36	31.58	31.7	31.79	31.45	31.51(-1.32%)	UD	OpenLong	75	-0.6	8	20	0	30	1.69	74%	0.22	107.6	1.74%	0	0.5	55	0
9	Mar_20_2017	27.41	31.33	31.56	31.72	31.73	31.86	31.93(0.22%)	UT	OpenLong	75	0.6	15	30	7	39	1.38	74%	0.26	120.2	1.73%	0	1.8	75	0
10	Mar_17_2017	27.34	31.24	31.47	31.67	31.65	31.72	31.86(0.73%)	UT	OpenLong	75	0.5	14	10	8	31	3.36	74%	0.26	113.1	1.72%	0	1.6	54	0

11	Mar_16_2017	27.27	31.16	31.39	31.58	31.57	31.61	31.63(0.16%)	UT	OpenLong	75	0.1	10	10	5	23	1.27	74%	0.22	106.8	1.73%	0	1.1	56	0
12	Mar_15_2017	27.21	31.09	31.34	31.5	31.5	31.57	31.58(-0.06%)	UD	OpenLong	75	0.2	9	20	5	22	2.97	74%	0.22	102.8	1.73%	0	1.1	63	0
13	Mar_14_2017	27.15	31.01	31.31	31.45	31.41	31.53	31.6(-0.22%)	UD	OpenLong	75	0.3	11	20	7	24	0.85	74%	0.22	95.7	1.73%	0	1.2	62	0
14	Mar_13_2017	27.09	30.92	31.24	31.37	31.34	31.43	31.67(0.86%)	UT	OpenLong	75	0.6	14	20	11	23	1.8	74%	0.26	89.1	1.74%	0	1.4	64	0
15	Mar_10_2017	27.02	30.82	31.22	31.24	31.25	31.28	31.4(0.54%)	UT	OpenLong	75	0.3	10	10	5	26	1.61	74%	0.19	80.9	1.72%	0	1	69	0

16	Mar_9_2017	26.97	30.73	31.2	31.18	31.15	31.24	31.23(-0.32%)	UD	OpenLong	75	0.1	10	20	2	32	1.41	74%	0.22	78.2	1.74%	0	0.8	66	0
17	Mar_8_2017	26.91	30.63	31.16	31.18	31.12	31.22	31.33(0.29%)	UT	OpenLong	75	0.3	14	20	5	40	1.94	74%	0.19	93.3	1.74%	0	1	70	0
18	Mar_7_2017	26.86	30.54	31.12	31.15	31.09	31.07	31.24(0.74%)	UT	OpenLong	75	0.1	16	-10	5	50	2.3	75%	0.19	113.8	1.74%	0	1	71	0
19	Mar_6_2017	26.81	30.44	31.07	31.08	31.08	31.01	31.01(-0.29%)	UD	OpenLong	65	-0.1	7	-20	-8	51	1.16	75%	0.22	130	1.75%	0	0.8	70	0
20	Mar_3_2017	26.75	30.35	31	31.19	31.14	31.1	31.1(0.03%)	UD	OpenLong	65	-0.1	14	-10	-4	68	1.67	75%	0.19	146.9	1.73%	0	1	75	0

21	Mar_2_2017	26.7	30.25	30.92	31.23	31.22	31.14	31.09(-0.7%)	UD	OpenLong	75	-0.2	23	-20	3	82	1.42	75%	0.23	162.9	1.75%	0	1.1	74	0
22	Mar_1_2017	26.64	30	30.83	31.16	31.17	31.17	31.31(1.33%)	UT	HoldLong	65	0.1	23	0	1	89	2.65	64%	0.23	104.7	1.74%	0	1.1	81	0
23	Feb_28_2017	26.58	29.75	30.69	31.07	31.08	31.3	30.9(-2.03%)	UD	OpenLong	75	-0.1	27	50	6	90	2.52	64%	0.15	87.2	1.81%	0	0.8	75	0
24	Feb_27_2017	26.54	29.52	30.59	31.05	30.99	31.16	31.54(0.8%)	UT	HoldLong	65	0.3	42	30	22	102	2.25	69%	0.26	80	1.8%	0	1.3	89	0
25	Feb_24_2017	26.47	29.26	30.39	30.78	30.75	30.86	31.29(1.66%)	UT	HoldLong	65	0.3	32	20	13	88	1.94	69%		73.5	1.8%	0	1.2	89	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

Click to see actual return for next trading day.