Cadence Design Systems Inc (CDNS)
NASDAQ · Technology
Scores are generated from technical indicators for educational purposes and are not a recommendation to buy or sell.
Price history
Daily closes and volumeAI Analysis Generated from the indicator readings below. Educational only.
Cadence Design Systems Inc is trading at $327.89, down 4.34% on the session. The 50 day average sits at $318.78 and the 200 day at $327.20, which puts the stock in a downtrend. RSI is at 48.1, which reads as neutral, and MACD is bearish crossover. Volume is volume spike.
The nearest support is around $315.91 with resistance near $333.48, so that band frames the current range. Average daily movement is roughly $12.07, or about 3.7% of the share price, which is what any stop placement has to allow for. The overall health score of 48 out of 100 combines a trend score of 39, momentum of 47 and a risk score of 64.