Cadence Design Systems (CDNS) shares exceed 200 DMA


IIn Wednesday’s trading, shares of Cadence Design Systems Inc (ticker: CDNS) rose above their 200-day moving average of $155.66, changing hands as high as $157.80 per share. Shares of Cadence Design Systems Inc are currently trading up around 4.6% on the day. The chart below shows the one-year performance of CDNS stock, compared to its 200-day moving average:

Looking at the chart above, CDNS’s low point in its 52-week range is $118.11 per share, with $192.70 as its 52-week high – compare with a last trade of 157.46 $. The above CDNS DMA information comes from TechnicalTo analyseChannel.com

Click here to find out which 9 other stocks recently broke their 200-day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


nasdaq

Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Back to top button