Trading Signals: CDNS Stock Price Prediction and Forecast

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Tue. Jul. 19, 2016

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

(Cadence Design Systems Inc)
CDNS latest price $25.9000 (0.94%) ($25.5400 - $25.9200) on Tue. Jul. 19, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.19% (three month average)
RSI   93
Latest Price   $25.9000(0.94%)
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 3.1% a week on average for past two weeks.
Market Behavior   Normal for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support CDNS advance at 0% a week (0% probability)
IWF(75%)    IVW(74%)    QQQ(74%)    VUG(72%)    XLK(72%)
Factors Impacting CDNS price   CDNS will decline at least -0.595% in a week (0% probabilities).
VIXM(-17%)    UUP(-14%)    TLT(-7%)    IPO(-6%)    IBUY(-3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.595% (StdDev 1.19%)
Hourly BBV 0 ()
Intraday Trend 0.9%

5 Day Moving Average   $25.68(0.86%)
10 Day Moving Average   $25.37(2.09%)
20 Day Moving Average   $24.75(4.65%)
To recent high   0%
To recent low   12.3%
Market Cap   $7.221b

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 3.15% (three month std-dev: 1.19%) daily (68% of days).

Sample size 5 Average positive next day return: 1.23%(60%) Average negative next day return: -0.58%(40%) Sample size 5 Average positive next three day return: 2.23%(60%) Average negative next three day return: -1.4%(40%) Sample size 5 Average positive next weekly return: 1.49%(80%) Average negative next weekly return: -3.56%(20%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20160819

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	Jul_19_2016	23.82	24.75	25.37	25.68	25.69	25.69	25.9(0.94%)	UT	HoldLong	65	0.3	45	0	7	160	2.22	67%	0.17	45.7	1.19%	0	1.5	93	INF
2	Jul_18_2016	23.78	24.68	25.22	25.61	25.65	25.65	25.66(0.31%)	UT	HoldLong	65	0.1	48	0	3	181	1.42	67%	0.17	46.3	1.19%	0	1.3	94	INF
3	Jul_15_2016	23.74	24.6	25.09	25.56	25.62	25.68	25.58(-0.58%)	UD	OpenLong	75	0	57	20	11	194	1.8	67%	0.17	43.5	1.19%	0	1.4	73	INF
4	Jul_14_2016	23.7	24.54	24.97	25.45	25.52	25.65	25.73(0.86%)	UT	OpenLong	75	0.4	65	40	24	186	1.38	67%	0.21	38.7	1.19%	0	1.8	60	INF
5	Jul_13_2016	23.65	24.46	24.79	25.22	25.31	25.56	25.51(-0.27%)	UD	OpenLong	75	0.5	61	80	28	159	1.54	67%	0.17	28.2	1.18%	0	1.8	62	INF

6	Jul_12_2016	23.61	24.4	24.6	25.01	25.04	25.39	25.58(0.79%)	UT	OpenLong	75	1.1	59	100	37	123	1.93	67%	0.21	16.3	1.19%	0	2.2	60	INF
7	Jul_11_2016	23.56	24.34	24.35	24.77	24.75	25.06	25.38(1.32%)	UT	OpenLong	75	1.3	43	90	34	70	2.13	67%	0.17	2.1	1.2%	0	2.2	58	INF
8	Jul_8_2016	23.52	24.3	24.19	24.57	24.52	24.7	25.05(1.91%)	UT	OpenLong	75	1.1	27	50	24	35	1.95	65%	0.21	-11	1.2%	0	1.8	58	INF
9	Jul_7_2016	23.47	24.29	24.13	24.42	24.4	24.45	24.58(0.57%)	UT	OpenLong	75	0.4	17	10	16	19	1.67	63%	0.13	-20.6	1.18%	0	0.7	51	INF
10	Jul_6_2016	23.44	24.3	24.09	24.29	24.31	24.45	24.44(0.16%)	UT	OpenLong	75	0.4	11	10	14	2	2.63	63%	0.17	-26.6	1.19%	0	0.3	51	INF

11	Jul_5_2016	23.4	24.31	24.09	24.13	24.18	24.34	24.4(0.08%)	N/A	N/A	0	0.6	18	50	28	-11	1.86	63%	0.17	-35.6	1.19%	0	0.2	50	INF
12	Jul_1_2016	23.36	24.33	24.08	23.86	23.95	24.27	24.38(0.33%)	N/A	N/A	0	1.2	8	100	26	-46	1.4	63%	0.21	-52.4	1.18%	0	0.1	47	INF
13	Jun_30_2016	23.31	24.35	24.08	23.74	23.68	24.02	24.3(1.46%)	DP	OpenShort	-65	1.2	-8	90	14	-75	2.98	63%	0.17	-62.2	1.17%	0	-0.1	44	INF
14	Jun_29_2016	23.27	24.37	24.07	23.8	23.6	23.63	23.95(1.48%)	DP	OpenShort	-65	0.3	-18	-20	3	-82	1.72	65%	0.17	-59.8	1.17%	0	-0.9	37	INF
15	Jun_28_2016	23.23	24.41	24.11	23.87	23.76	23.35	23.6(2.3%)	DP	OpenShort	-75	-0.6	-44	-130	-27	-95	1.57	63%	0.17	-62.5	1.2%	0	-1.8	32	INF

16	Jun_27_2016	23.19	24.47	24.19	24.04	24	23.58	23.07(-2.99%)	DT	HoldShort	-65	-2.3	-65	-130	-53	-99	2.35	60%	0.13	-52.9	1.17%	0	-3.3	21	INF
17	Jun_24_2016	23.16	24.57	24.35	24.32	24.3	24.17	23.78(-3.41%)	DT	OpenShort	-75	-1.9	-34	-40	-24	-64	3.44	67%	0.13	-43.2	1.11%	0	-2.7	27	INF
18	Jun_23_2016	23.13	24.63	24.45	24.42	24.48	24.43	24.62(1.36%)	DP	OpenShort	-65	0.9	-8	-10	5	-45	2.95	76%	0.26	-21.5	1.03%	0	-0	47	INF
19	Jun_22_2016	23.07	24.65	24.47	24.37	24.43	24.44	24.29(-0.61%)	DT	OpenShort	-75	-0.3	-17	10	-5	-54	2.6	75%	0.22	-6.2	1.01%	0	-1.5	35	INF
20	Jun_21_2016	23.02	24.65	24.52	24.39	24.42	24.52	24.44(-0.16%)	DP	OpenShort	-65	0.2	-6	30	7	-46	2.19	75%	0.22	24.8	1.01%	0	-1	38	INF

21	Jun_20_2016	22.97	24.69	24.56	24.38	24.4	24.41	24.48(0.91%)	DP	OpenShort	-65	0.4	-8	10	5	-46	3.46	75%	0.22	31.7	1.02%	0	-0.8	41	INF
22	Jun_17_2016	22.92	24.7	24.6	24.4	24.34	24.31	24.26(-0.57%)	DT	HoldShort	-65	-0.6	-24	-20	-13	-55	4.06	75%	0.26	50.5	1.02%	0	-1.8	21	INF
23	Jun_16_2016	22.86	24.68	24.65	24.49	24.42	24.38	24.4(0.21%)	DP	OpenShort	-75	-0.3	-20	-20	-10	-48	1.57	75%	0.22	54	1.01%	0	-0.9	31	INF
24	Jun_15_2016	22.81	24.66	24.69	24.58	24.51	24.37	24.35(-0.16%)	DT	OpenShort	-75	-0.7	-23	-50	-16	-43	1.86	75%	0.22	59.9	1.03%	0	-0.9	28	INF
25	Jun_14_2016	22.76	24.63	24.73	24.68	24.61	24.47	24.39(-0.81%)	DT	HoldShort	-65	-0.7	-25	-50	-20	-41	3.57	75%		56.7	1.03%	0	-0.6	23	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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