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Stock Trend Analysis Report
Prepared for you on Tuesday, April 22, 2025.
Cadence Design Systems, Inc. (NASDAQ:CDNS)
Long-Term Downtrend (-90) - CDNS is in a strong downtrend that is likely to continue. While CDNS is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CDNS?
MarketClub looks at technical strength and momentum to determine if the timing is right for CDNS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CDNS
The long-term trend has been DOWN since Feb 19th, 2025 at 275.42
The intermediate-term trend has been DOWN since Apr 7th, 2025 at 232.37
The short-term trend has been DOWN since Apr 21st, 2025 at 254.48
Smart Scan Analysis for CDNS
Based on our trend formula, CDNS is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 257.02 | 257.16 | 247.70 | 251.53 | -8.69 |
| Prev. Close | Volume | Bid | Ask | Time |
| 251.56 | 1050683 | 2025-04-21 15:59:32 |
| Year High | 47.4 | Year High Date | 2018-08-31 |
| Year Low | 35.49 | Year Low Date | 2018-04-02 |
| 52wk High | 328.99 | 52wk High Date | 2024-06-20 |
| 52wk Low | 221.5601 | 52wk Low Date | 2025-04-07 |
| Year End Close | 13.51 | Average Volume | 2,236,875 |
| Shares Outstanding | 547,928 | Short Interest | 26,515,632 |
| % Institutional | 100 | Market Cap | 18,341M |
| Assets | 897,448,200M | Liabilities | 430,090,400M |
| P/E Ratio | 65.3403 | Beta | 1.56 |
| Volatility | 54.61 |