Trading Signals: CDNS Stock Price Prediction and Forecast

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Wed. Nov. 4, 2015

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

(Cadence Design Systems Inc)
CDNS latest price $22.4500 (0.85%) ($22.2297 - $22.5700) on Wed. Nov. 4, 2015.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.59% (three month average)
RSI   69
Latest Price   $22.4500(0.85%)
Stocks Behave Similarly   Similar Stock List
Weekly Trend   CDNS advances 2.5% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Normal for small cap.
Correlated ETFs   Broad market will support CDNS advance at 0% a week (0% probability)
IWF(74%)    IVW(73%)    QQQ(73%)    XLK(72%)    VUG(71%)
Factors Impacting CDNS price   CDNS will decline at least -0.795% in a week (0% probabilities).
VIXM(-19%)    UUP(-12%)    TLT(-7%)    IGOV(-3%)    SHY(-0%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.795% (StdDev 1.59%)
Hourly BBV 0 ()
Intraday Trend 0.5%

5 Day Moving Average   $22.25(0.9%)
10 Day Moving Average   $21.95(2.28%)
20 Day Moving Average   $21.67(3.6%)
To recent high   0%
To recent low   19.7%
Market Cap   $6.259b

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 2.08% (three month std-dev: 1.59%) daily (68% of days).

Sample size 34 Average positive next day return: 0.71%(50%) Average negative next day return: -0.91%(50%) Sample size 34 Average positive next three day return: 0.97%(38%) Average negative next three day return: -1.36%(62%) Sample size 34 Average positive next weekly return: 1.05%(56%) Average negative next weekly return: -2.13%(44%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20151204

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	Nov_4_2015	20.63	21.67	21.95	22.25	22.27	22.33	22.45(0.85%)	UT	OpenLong	75	0.4	26	20	3	94	7.75	57%	0.15	67.8	1.59%	0	1.7	69	INF
2	Nov_3_2015	20.6	21.62	21.81	22.24	22.22	22.27	22.26(0%)	UD	OpenLong	65	0	29	10	8	92	3.52	57%	0.1	82.6	1.59%	0	1.6	67	INF
3	Nov_2_2015	20.58	21.57	21.7	22.14	22.19	22.21	22.26(0.18%)	UT	OpenLong	75	0.3	29	10	13	78	2.77	57%	0.15	91.2	1.59%	0	1.8	59	INF
4	Oct_30_2015	20.55	21.52	21.59	21.95	22.17	22.17	22.22(0.82%)	UT	OpenLong	75	0.7	23	30	13	54	3.14	57%	0.1	90.4	1.59%	0	1.8	58	INF
5	Oct_29_2015	20.53	21.45	21.5	21.79	21.98	22.16	22.04(-1.65%)	UD	OpenLong	75	0.6	20	80	15	33	3.06	57%	0.1	73.7	1.58%	0	1.5	53	INF

6	Oct_28_2015	20.51	21.37	21.43	21.61	21.75	22.17	22.41(3.03%)	UT	OpenLong	75	2	31	150	34	23	5.65	68%	0.15	55.1	1.57%	0	2.6	67	INF
7	Oct_27_2015	20.48	21.28	21.31	21.32	21.51	21.79	21.75(1.87%)	N/A	N/A	0	1.2	15	120	22	-7	10.5	66%	0.1	33.7	1.93%	0	1.3	57	INF
8	Oct_26_2015	20.46	21.22	21.29	21.2	21.25	21.34	21.35(-0.21%)	DP	OpenShort	-65	0.4	-1	40	5	-20	2.86	66%	0.05	14.4	1.92%	0	0.4	51	INF
9	Oct_23_2015	20.45	21.18	21.31	21.17	21.2	21.23	21.4(1.3%)	DP	OpenShort	-65	0.6	-3	10	3	-19	2.98	66%	0.05	5	1.92%	0	0.6	53	INF
10	Oct_22_2015	20.44	21.16	21.34	21.16	21.19	21.16	21.12(0.57%)	DP	OpenShort	-75	-0.1	-6	-10	-4	-11	4.77	63%	0.05	6.3	1.92%	0	-0.1	61	INF

11	Oct_21_2015	20.43	21.15	21.37	21.22	21.25	21.17	21(-0.66%)	N/A	N/A	0	-0.6	-4	-20	-6	4	2.78	63%	0.05	9.1	1.93%	0	-0.4	66	INF
12	Oct_20_2015	20.42	21.16	21.42	21.29	21.31	21.22	21.14(-0.33%)	N/A	N/A	0	-0.4	-1	-30	-8	19	3.49	65%	0.05	14.3	1.93%	0	-0.1	64	INF
13	Oct_19_2015	20.41	21.17	21.44	21.38	21.39	21.33	21.21(-0.66%)	UD	OpenLong	65	-0.5	5	-20	-7	39	4.2	65%	0.1	22.9	1.95%	0	0.1	69	INF
14	Oct_16_2015	20.39	21.16	21.45	21.47	21.47	21.4	21.35(-0.19%)	UD	OpenLong	65	-0.3	10	-20	-6	59	2.38	65%	0.05	33.9	1.95%	0	0.5	71	INF
15	Oct_15_2015	20.38	21.13	21.41	21.47	21.55	21.45	21.39(0.23%)	UD	OpenLong	65	-0.4	14	-30	-3	66	2.41	65%	0.1	43.4	1.95%	0	0.7	58	INF

16	Oct_14_2015	20.36	21.12	21.33	21.55	21.58	21.55	21.34(-1.34%)	UD	OpenLong	65	-0.6	14	-10	-2	61	2.86	65%	0.05	48	1.95%	0	0.6	55	INF
17	Oct_13_2015	20.35	21.11	21.27	21.56	21.53	21.65	21.63(-0.14%)	UD	OpenLong	75	0.2	19	30	5	60	2.3	65%	0.05	56.6	1.94%	0	1.4	57	INF
18	Oct_12_2015	20.34	21.08	21.15	21.5	21.46	21.61	21.66(-0.41%)	UD	OpenLong	75	0.4	20	40	10	48	1.42	65%	0.1	57.3	1.94%	0	1.6	56	INF
19	Oct_9_2015	20.32	21.03	21.03	21.43	21.37	21.41	21.75(1.78%)	UT	OpenLong	75	0.9	19	0	13	36	2.47	66%	0.1	60.5	1.94%	0	2.1	61	INF
20	Oct_8_2015	20.3	20.97	20.95	21.24	21.27	21.31	21.37(-0.14%)	UD	OpenLong	75	0.4	14	20	11	22	2.43	66%	0.1	53.8	1.94%	0	1.3	61	INF

21	Oct_7_2015	20.28	20.94	20.91	21.07	21.07	21.34	21.4(0.38%)	UT	OpenLong	75	1.1	12	90	13	8	3.21	66%	0.1	52.9	1.94%	0	1.6	53	INF
22	Oct_6_2015	20.26	20.9	20.88	20.93	20.89	21.23	21.32(0.09%)	N/A	N/A	0	1.4	17	110	23	-0	3.77	66%	0.1	57.4	1.94%	0	1.6	50	INF
23	Oct_5_2015	20.24	20.88	20.86	20.75	20.71	20.81	21.3(2.35%)	N/A	N/A	0	2.1	9	30	17	-17	3.09	66%	0.1	55.2	1.94%	0	1.6	51	INF
24	Oct_2_2015	20.22	20.83	20.86	20.59	20.56	20.54	20.81(1.41%)	DP	OpenShort	-75	0.8	-12	-10	-5	-34	3.45	64%	0.1	39.2	1.94%	0	-0.1	54	INF
25	Oct_1_2015	20.2	20.81	20.83	20.62	20.62	20.62	20.52(-0.77%)	DT	OpenShort	-75	-0.4	-12	0	-6	-31	3.49	64%		50.4	1.93%	0	-1	50	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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