Cadence Design Systems, Inc.
Price Action
Technical Summary
WEAKENINGCadence Design Systems, Inc. is in a technical downtrend, trading below key resistance levels with a broken trend structure. Relative strength is moderate (RS Rating: 60), indicating performance broadly in line with the market. Earnings growth of 15% provides fundamental context to the price action. A decisive close above the 200-day moving average is required to signal a potential trend reversal.
Trend Template (Minervini)
Price vs Moving Averages
| Period | Value | Spread | Signal |
|---|---|---|---|
| 20 SMA | $319.65 | +11.03% | ABOVE |
| 50 SMA | $301.54 | +17.70% | ABOVE |
| 100 SMA | $304.54 | +16.53% | ABOVE |
| 150 SMA | $312.54 | +13.55% | ABOVE |
| 200 SMA | $322.20 | +10.15% | ABOVE |
Price Performance
Technical Indicators
Risk Profile
Volume Analysis
Earnings Momentum
Growth Trends
Compounded Sales Growth
Compounded Profit Growth
Stock Price CAGR
Return on Equity
Key Metrics
Frequently Asked Questions
Is CDNS in an uptrend right now?
CDNS has a trend score of 1/4 based on Minervini's Stage Analysis. Currently showing broken structure - 1 of 4 trend criteria are met.
Is CDNS overbought or oversold?
CDNS's RSI (14) is 70. The stock is in neutral territory, neither overbought nor oversold.
Is CDNS outperforming the market?
CDNS has a Relative Strength (RS) Rating of 60 out of 99. CDNS is performing about average compared to the market.
Where is CDNS in its 52-week range?
CDNS is trading at $354.90, which is 94% of its 52-week high ($376.45) and 81% above its 52-week low ($262.75).
How volatile is CDNS?
CDNS has a Beta of 1.48 and 52-week volatility of 36%. It's more volatile than the S&P 500 - expect bigger swings.