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Stock Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Cadence Design Systems, Inc. (NASDAQ:CDNS)
Strong Downtrend (-100) - CDNS is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CDNS continues to fall. 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 Jan 27th, 2025 at 289.00
The short-term trend has been DOWN since Feb 19th, 2025 at 291.96
Smart Scan Analysis for CDNS
Based on our trend formula, CDNS is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 269.79 | 270.44 | 256.83 | 258.25 | -11.98 |
| Prev. Close | Volume | Bid | Ask | Time |
| 258.34 | 3685950 | 2025-02-21 15:59:47 |
| 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 | 241.29 | 52wk Low Date | 2024-08-05 |
| Year End Close | 13.51 | Average Volume | 1,989,816 |
| Shares Outstanding | 548,083 | Short Interest | 26,515,632 |
| % Institutional | 100 | Market Cap | 18,341M |
| Assets | 916,703,100M | Liabilities | 460,369,300M |
| P/E Ratio | 70.9265 | Beta | 1.56 |
| Volatility | 54.61 |