Trading Signals: CDNS Stock Price Prediction and Forecast

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Tue. Aug. 18, 2015

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

(Cadence Design Systems Inc)
CDNS latest price $21.6200 (-0.83%) ($21.4500 - $21.7500) on Tue. Aug. 18, 2015.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.5% (three month average)
RSI   66
Latest Price   $21.6200(-0.83%)
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 1.4% 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)
QQQ(73%)    XLK(72%)    SPY(68%)    VT(64%)    SMH(63%)
Factors Impacting CDNS price   CDNS will decline at least -0.75% in a week (0% probabilities).
VIXM(-20%)    UUP(-11%)    TLT(-8%)    IYT(-7%)    IGOV(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.75% (StdDev 1.5%)
Hourly BBV 0 ()
Intraday Trend 0.2%

5 Day Moving Average   $21.52(0.46%)
10 Day Moving Average   $21.33(1.36%)
20 Day Moving Average   $20.82(3.84%)
To recent high   -0.8%
To recent low   14%
Market Cap   $6.028b

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 3.99% (three month std-dev: 1.5%) daily (68% of days).

Sample size 13 Average positive next day return: 0.74%(46%) Average negative next day return: -0.88%(54%) Sample size 13 Average positive next three day return: 4.44%(62%) Average negative next three day return: -1.46%(38%) Sample size 13 Average positive next weekly return: 5.61%(46%) Average negative next weekly return: -2.44%(54%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20150918

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	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
2	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
3	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
4	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
5	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

6	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	INF
7	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	INF
8	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	INF
9	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	INF
10	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	INF

11	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	INF
12	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	INF
13	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	INF
14	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	INF
15	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%	0.16	1.6	1.54%	0	2.8	68	INF

16	Jul_28_2015	19.24	19.56	19.63	19.54	19.49	19.64	20.79(9.59%)	UT	OpenLong	75	3.4	28	50	33	12	11.39	67%	0.16	-24.9	1.57%	0	3.3	70	INF
17	Jul_27_2015	19.21	19.49	19.5	19.34	19.31	19.12	18.97(-0.99%)	DT	OpenShort	-75	-1.6	-35	-70	-34	-36	2.68	57%	0.05	-77.1	1.11%	0	-2.3	46	INF
18	Jul_24_2015	19.2	19.54	19.59	19.54	19.53	19.34	19.16(-0.73%)	N/A	N/A	0	-1.7	-11	-70	-18	10	1.57	57%	0.05	-55.1	1.11%	0	-1.7	47	INF
19	Jul_23_2015	19.19	19.59	19.63	19.61	19.66	19.51	19.3(-0.97%)	N/A	N/A	0	-1.2	-4	-50	-15	29	2.98	57%	0.05	-43	1.12%	0	-1.2	51	INF
20	Jul_22_2015	19.18	19.63	19.66	19.67	19.67	19.72	19.49(-1.57%)	UD	OpenLong	65	-0.7	4	20	-8	40	4.81	60%	0.05	-37.8	1.11%	0	-0.6	51	INF

21	Jul_21_2015	19.17	19.65	19.63	19.71	19.7	19.81	19.8(-0.7%)	UD	OpenLong	75	0.3	20	40	12	43	2.18	63%	0.05	-28.5	1.14%	0	0.6	52	INF
22	Jul_20_2015	19.16	19.65	19.58	19.68	19.65	19.63	19.94(2.05%)	UT	OpenLong	75	0.9	12	-10	5	33	3.15	63%	0.1	-23.8	1.14%	0	0.9	61	INF
23	Jul_17_2015	19.14	19.67	19.52	19.65	19.64	19.58	19.54(-0.1%)	N/A	N/A	0	-0.4	-3	-20	-7	8	3.92	60%	0.05	-23.8	1.12%	0	-0.4	37	INF
24	Jul_16_2015	19.13	19.7	19.51	19.66	19.71	19.67	19.56(-0.66%)	DT	HoldShort	-50	-0.3	-1	-10	1	-7	3.12	60%	0.05	-15.9	1.13%	0	-0.5	35	INF
25	Jul_15_2015	19.12	19.72	19.5	19.64	19.68	19.71	19.69(0%)	N/A	N/A	0	0.2	1	20	8	-21	2.35	60%		-15.3	1.13%	0	-0.1	40	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

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