Trading Signals: CDNS Stock Price Prediction and Forecast

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Wed. Sep. 14, 2016

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

(Cadence Design Systems Inc)
CDNS latest price $24.3900 (-0.93%) ($24.2800 - $24.6600) on Wed. Sep. 14, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.42% (three month average)
RSI   40
Latest Price   $24.3900(-0.93%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CDNS declines -1.3% a day on average for past five trading days.
Weekly Trend   CDNS declines -1% a week on average for past two weeks.
Market Behavior   Rotation from value to growth for large cap. Normal for small cap.
Correlated ETFs   Broad market will support CDNS advance at 0% a week (0% probability)
IWF(75%)    IVW(74%)    QQQ(74%)    XLK(73%)    VUG(72%)
Factors Impacting CDNS price   CDNS will decline at least -0.71% in a week (0% probabilities).
VIXM(-17%)    UUP(-14%)    TLT(-7%)    IPO(-6%)    IBUY(-3%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.71% (StdDev 1.42%)
Hourly BBV 0 ()
Intraday Trend -1.1%

Resistance Level   $25.27
5 Day Moving Average   $25.01(-2.48%)
10 Day Moving Average   $25.35(-3.79%)
20 Day Moving Average   $25.27(-3.48%)
To recent high   -6.7%
To recent low   5.7%
Market Cap   $6.8b

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 1.82% (three month std-dev: 1.42%) daily (68% of days).

Sample size 2 Average positive next day return: 1.49%(50%) Average negative next day return: -1.06%(50%) Sample size 2 Average positive next three day return: 0%(0%) Average negative next three day return: -2.14%(100%) Sample size 2 Average positive next weekly return: 0%(0%) Average negative next weekly return: -2.35%(100%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20161014

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_14_2016	24.62	25.27	25.35	25.01	24.95	24.68	24.39(-0.93%)	DT	OpenShort	-75	-1.3	-41	-80	-35	-57	2.52	36%	0.04	13.7	1.42%	0	-1.9	40	INF
2	Sep_13_2016	24.61	25.28	25.47	25.33	25.28	24.98	24.62(-2.65%)	DT	OpenShort	-75	-1.5	-26	-90	-27	-21	2.25	36%	0.04	31.3	1.42%	0	-1.4	43	INF
3	Sep_12_2016	24.6	25.3	25.58	25.57	25.54	25.22	25.29(1%)	N/A	N/A	0	-0.6	-16	-90	-25	12	1.56	39%	0.04	48.3	1.38%	0	-0	60	INF
4	Sep_9_2016	24.59	25.27	25.61	25.7	25.74	25.58	25.04(-2.61%)	N/A	N/A	0	-1.4	-5	-40	-18	36	1.74	39%	0.08	54.3	1.38%	0	-0.5	55	INF
5	Sep_8_2016	24.57	25.26	25.66	25.79	25.85	25.87	25.71(-1.04%)	UD	OpenLong	75	-0.2	20	10	4	68	1.23	43%	0.08	63.7	1.34%	0	0.9	76	INF

6	Sep_7_2016	24.55	25.21	25.61	25.74	25.77	25.89	25.98(0.54%)	UT	HoldLong	65	0.5	28	40	11	80	1.52	43%	0.08	65.8	1.33%	0	1.6	88	INF
7	Sep_6_2016	24.53	25.14	25.54	25.64	25.65	25.83	25.84(-0.27%)	UD	OpenLong	75	0.4	31	50	12	87	1.48	43%	0.16	70.5	1.33%	0	1.5	88	INF
8	Sep_2_2016	24.49	25.08	25.45	25.59	25.56	25.64	25.91(1.57%)	UT	OpenLong	75	0.7	31	20	12	88	1.49	43%	0.08	78.4	1.32%	0	1.9	73	INF
9	Sep_1_2016	24.47	25.02	25.35	25.52	25.5	25.47	25.51(0.28%)	UT	OpenLong	75	-0	21	-10	0	83	1.57	39%	0.12	85.4	1.31%	0	1.2	70	INF
10	Aug_31_2016	24.44	24.96	25.28	25.51	25.51	25.48	25.44(-0.31%)	UD	OpenLong	75	-0.2	23	-10	2	84	3.21	37%	0.08	86.9	1.31%	0	1.1	65	INF

11	Aug_30_2016	24.42	24.9	25.19	25.46	25.47	25.54	25.52(-0.2%)	UD	OpenLong	75	0.1	23	20	5	77	1.43	37%	0.08	79	1.32%	0	1.4	70	INF
12	Aug_29_2016	24.4	24.82	25.08	25.4	25.39	25.55	25.57(0%)	UT	HoldLong	50	0.4	30	40	15	73	2.3	37%	0.12	75.1	1.33%	0	1.7	72	INF
13	Aug_26_2016	24.37	24.75	24.99	25.28	25.29	25.4	25.57(0.55%)	UT	OpenLong	75	0.7	29	30	17	64	1.75	37%	0.08	48.3	1.33%	0	1.9	69	INF
14	Aug_25_2016	24.35	24.67	24.9	25.16	25.13	25.23	25.43(0.87%)	UT	OpenLong	75	0.7	23	20	13	52	1.61	36%	0.08	21.6	1.33%	0	1.9	68	INF
15	Aug_24_2016	24.33	24.6	24.83	25.03	25	25.17	25.21(-0.12%)	UD	OpenLong	75	0.5	26	40	18	49	2.59	43%	0.08	-8.7	1.33%	0	1.6	71	INF

16	Aug_23_2016	24.31	24.55	24.78	24.87	24.85	25.04	25.24(1.16%)	UT	OpenLong	75	1.1	27	50	22	41	1.36	43%	0.04	-46.2	1.39%	0	2	74	INF
17	Aug_22_2016	24.3	24.5	24.71	24.7	24.65	24.83	24.95(-0.16%)	UD	OpenLong	75	0.5	16	50	11	31	1.4	43%	0.08	-60.4	1.39%	0	1	75	INF
18	Aug_19_2016	24.28	24.54	24.68	24.66	24.55	24.66	24.99(0.93%)	UT	OpenLong	75	0.6	16	20	10	35	1.98	49%	0.04	-49.6	1.45%	0	0.8	68	INF
19	Aug_18_2016	24.27	24.59	24.65	24.6	24.52	24.48	24.76(1.39%)	UT	OpenLong	75	0.3	9	-20	-0	36	1.32	51%	0.08	-44.4	1.45%	0	0.3	67	INF
20	Aug_17_2016	24.25	24.63	24.61	24.61	24.56	24.45	24.42(0.21%)	UD	OpenLong	65	-0.3	3	-40	-9	39	1.88	49%	0	-39.3	1.45%	0	-0.3	63	INF

21	Aug_16_2016	24.25	24.71	24.59	24.66	24.67	24.56	24.37(-1.54%)	UD	OpenLong	65	-0.4	6	-30	-7	46	2.22	50%	0.08	-32.2	1.46%	0	-0.5	56	INF
22	Aug_15_2016	24.23	24.78	24.56	24.71	24.7	24.67	24.75(0.16%)	UT	HoldLong	50	0.1	9	-10	-4	49	1.98	52%	0	-27.7	1.46%	0	-0	63	INF
23	Aug_12_2016	24.23	24.82	24.5	24.71	24.73	24.78	24.71(-0.36%)	UD	OpenLong	75	0	7	20	2	21	1.18	53%	0.08	-26.8	1.46%	0	-0.1	28	INF
24	Aug_11_2016	24.21	24.87	24.44	24.7	24.72	24.74	24.8(0.49%)	N/A	N/A	0	0.1	5	10	9	-7	1.78	53%	0.08	-23.6	1.46%	0	-0.1	30	INF
25	Aug_10_2016	24.19	24.91	24.36	24.6	24.65	24.68	24.68(0.2%)	DP	OpenShort	-65	0.1	-6	10	7	-45	1.34	53%		-20.2	1.46%	0	-0.3	33	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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