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Cadence Design Systems (CDNS) Shares Cross Above 200 DMA

By Market News Video Staff, Thursday, April 24, 4:21 PM ET
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In trading on Thursday, shares of Cadence Design Systems Inc (NASDAQ:CDNS) crossed above their 200 day moving average of $278.94, changing hands as high as $283.00 per share. Cadence Design Systems Inc shares are currently trading up about 6% on the day. The chart below shows the one year performance of CDNS shares, versus its 200 day moving average:

Cadence Design Systems Inc 200 Day Moving Average Chart

Looking at the chart above, CDNS's low point in its 52 week range is $221.5601 per share, with $328.99 as the 52 week high point — that compares with a last trade of $281.67. The CDNS DMA information above was sourced from TechnicalAnalysisChannel.com


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