It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).
CDNS’s FA Score shows that 2 FA rating(s) are green while.
It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.
If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.
CDNS’s TA Score shows that 6 TA indicator(s) are bullish.
CDNS (@Packaged Software) experienced а +7.65% price change this weekfor the same time period.
The average weekly price growth across all stocks in the @Packaged Software industry was +4.41%. For the same industry, the average monthly price growth was +8.36%, and the average quarterly price growth was +7.53%.
CDNS is expected to report earnings on Feb 25, 2025.
Packaged software comprises multiple software programs bundled together and sold as a group. For example, Microsoft Office includes multiple applications such as Excel, Word, and PowerPoint. In some cases, buying a bundled product is cheaper than purchasing each item individually[s20] . Microsoft Corporation, Oracle Corp. and Adobe are some major American packaged software makers.
CDNS | ||
---|---|---|
OUTLOOK RATING 1..100 | 24 | |
VALUATION overvalued / fair valued / undervalued 1..100 | 84 Overvalued | |
PROFIT vs RISK RATING 1..100 | 7 | |
SMR RATING 1..100 | 35 | |
PRICE GROWTH RATING 1..100 | 20 | |
P/E GROWTH RATING 1..100 | 59 | |
SEASONALITY SCORE 1..100 | 50 |
Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.
CDNS | PSET | |
---|---|---|
RSI ODDS (%) | 1 day ago63% | N/A |
Stochastic ODDS (%) | 1 day ago57% | 1 day ago87% |
Momentum ODDS (%) | 1 day ago77% | 1 day ago66% |
MACD ODDS (%) | 1 day ago79% | 1 day ago67% |
TrendWeek ODDS (%) | 1 day ago78% | 1 day ago89% |
TrendMonth ODDS (%) | 1 day ago76% | 1 day ago88% |
Advances ODDS (%) | 1 day ago75% | 1 day ago84% |
Declines ODDS (%) | 9 days ago55% | 9 days ago69% |
BollingerBands ODDS (%) | N/A | 1 day ago71% |
Aroon ODDS (%) | 1 day ago78% | 1 day ago82% |
A.I.dvisor indicates that over the last year, CDNS has been closely correlated with SNPS. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if CDNS jumps, then SNPS could also see price increases.
Ticker / NAME | Correlation To CDNS | 1D Price Change % | ||
---|---|---|---|---|
CDNS | 100% | +1.75% | ||
SNPS - CDNS | 86% Closely correlated | +1.28% | ||
PDFS - CDNS | 62% Loosely correlated | +1.04% | ||
MSFT - CDNS | 61% Loosely correlated | +1.00% | ||
ADSK - CDNS | 55% Loosely correlated | +1.86% | ||
ANSS - CDNS | 54% Loosely correlated | +0.30% | ||
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A.I.dvisor indicates that over the last year, PSET has been closely correlated with CDNS. These tickers have moved in lockstep 78% of the time. This A.I.-generated data suggests there is a high statistical probability that if PSET jumps, then CDNS could also see price increases.
Ticker / NAME | Correlation To PSET | 1D Price Change % | ||
---|---|---|---|---|
PSET | 100% | +0.54% | ||
CDNS - PSET | 78% Closely correlated | +1.75% | ||
KLAC - PSET | 76% Closely correlated | +1.01% | ||
SNPS - PSET | 76% Closely correlated | +1.28% | ||
MPWR - PSET | 74% Closely correlated | +1.46% | ||
AMAT - PSET | 74% Closely correlated | -0.50% | ||
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