In trading on Wednesday, shares of Cadence Design Systems Inc (NASDAQ:CDNS) crossed below their 200 day moving average of $124.08, changing hands as low as $123.91 per share. Cadence Design Systems Inc shares are currently trading down about 1% on the day. The chart below shows the one year performance of CDNS shares, versus its 200 day moving average:
Looking at the chart above, CDNS's low point in its 52 week range is $87.94 per share, with $149.08 as the 52 week high point — that compares with a last trade of $124.53. The CDNS DMA information above was sourced from TechnicalAnalysisChannel.com
This Article's Word Cloud:AverageBelowCDNSCadenceClickCrossingDesignLookingMovingStartStocksSystemsTechnicalAnalysisChannelTheirWednesdayaboutaboveaveragebecomebelowbrainchangingchartcomparescrossedcurrentlydownfindfromhandsherehighinformationlastmdashmovingperformancepointpredictingrangeraquosharesharesshowsslideshowsourcedthattradingweekwith
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.