CDNS

Cadence Design Systems, Inc. · Technology · Software - Application

TECHBuyZACKSBuy R500#256 today

$351.35 +0.18% today · +7.73% 1W

Oct 2 close or latest

PreviewWhy it's moving

Moving with the market

CDNS +0.18% on the last session vs SPY +0.74%: −0.6 pts of stock-specific move.
Aftermath, rsi overbought (Oct 1): After its 16 overbought readings in the past 5 years, CDNS typically lost 0.8% over the next week (median) and was higher only 38% of the time; half the outcomes fell between -2.1% and +2.3%. An ordinary week: +0.1%. Among S&P 500 stocks after overbought readings, that ranks #455 of 501.
1 insider or congressional trade in the past 30 days.
Market backdrop (Fri): Average Hourly Earnings m/m 0.1% vs 0.3% expected (cooler); Non-Farm Employment Change 29K vs 89K expected (weaker); S&P futures +0.41%, 10-year yield -5bp in the 30 minutes after.

Assembled from Wallsti's own signals.

Strong sellSellNeutralBuyStrong buy

Oscillators: 2 buy · 6 neutral · 3 sell Moving averages: 14 buy · 1 neutral · 0 sell

Computed from daily prices with TradingView's rating rules, refreshed every 6 hours.

Grades rank the stock's gain in each window against the S&P 500 components: S = #1, A = top 50, B = top 125, C = top 250, D = top 375, E and F below.