CDNS
Price
$276.46
Change
+$1.91 (+0.70%)
Updated
May 2, 6:59 PM EST
80 days until earnings call
SPHQ
Price
$58.26
Change
+$0.44 (+0.76%)
Updated
May 2, 6:59 PM EST
Ad is loading...

Compare predictions CDNS vs SPHQ

Header iconCDNS vs SPHQ Comparison
Open Charts CDNS vs SPHQBanner chart's image
Cadence Design Systems
Price$276.46
Change+$1.91 (+0.70%)
Volume$853.81K
CapitalizationN/A
Invesco S&P 500® Quality ETF
Price$58.26
Change+$0.44 (+0.76%)
Volume$479.95K
CapitalizationN/A
View a ticker or compare two or three
CDNS vs SPHQ Comparison Chart

Loading...

CDNSDaily Signal changed days agoGain/Loss if shorted
 
Show more...
SPHQDaily Signal changed days agoGain/Loss if shorted
 
Show more...
VS
CDNS vs. SPHQ commentary
May 03, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is CDNS is a StrongSell and SPHQ is a Sell.

COMPARISON
Comparison
May 03, 2024
Stock price -- (CDNS: $274.55)
Brand notoriety:
Market capitalization --

Long-Term Analysis

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.

  • CDNS’s FA Score: 2 green, 3 red.

Short-Term Analysis

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 4 TA indicator(s) are bullish.

  • CDNS’s TA Score: 4 bullish, 6 bearish.

Price Growth

CDNS (@Packaged Software) experienced а -1.12% price change this weekfor the same time period.

The average weekly price growth across all stocks in the @Packaged Software industry was +1.50%. For the same industry, the average monthly price growth was -1.41%, and the average quarterly price growth was +20.06%.

Reported Earning Dates

CDNS is expected to report earnings on Jul 22, 2024.

Industries' Descriptions

@Packaged Software (+1.50% weekly)

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.

SUMMARIES
A.I.dvisor published
a Summary for CDNS with price predictions.
OPEN
A.I.dvisor published
a Summary for SPHQ with price predictions.
OPEN
FUNDAMENTALS RATINGS
CDNS: Fundamental Ratings
CDNS
OUTLOOK RATING
1..100
60
VALUATION
overvalued / fair valued / undervalued
1..100
84
Overvalued
PROFIT vs RISK RATING
1..100
3
SMR RATING
1..100
29
PRICE GROWTH RATING
1..100
55
P/E GROWTH RATING
1..100
47
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.

TECHNICAL ANALYSIS
Technical Analysis
CDNSSPHQ
RSI
ODDS (%)
Bullish Trend 2 days ago
76%
Bullish Trend 1 day ago
90%
Stochastic
ODDS (%)
Bullish Trend 2 days ago
77%
Bearish Trend 1 day ago
67%
Momentum
ODDS (%)
Bearish Trend 2 days ago
52%
Bullish Trend 1 day ago
89%
MACD
ODDS (%)
Bearish Trend 4 days ago
43%
Bearish Trend 1 day ago
65%
TrendWeek
ODDS (%)
Bearish Trend 2 days ago
55%
Bearish Trend 1 day ago
73%
TrendMonth
ODDS (%)
Bearish Trend 2 days ago
54%
Bearish Trend 1 day ago
76%
Advances
ODDS (%)
Bullish Trend 4 days ago
75%
Bullish Trend 10 days ago
85%
Declines
ODDS (%)
Bearish Trend 2 days ago
55%
Bearish Trend 2 days ago
70%
BollingerBands
ODDS (%)
Bullish Trend 2 days ago
74%
Bullish Trend 1 day ago
87%
Aroon
ODDS (%)
Bearish Trend 2 days ago
56%
Bearish Trend 1 day ago
76%
View a ticker or compare two or three
Ad is loading...
CDNSDaily Signal changed days agoGain/Loss if shorted
 
Show more...
SPHQDaily Signal changed days agoGain/Loss if shorted
 
Show more...
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
STOCK / NAMEPrice $Chg $Chg %
ONCT8.740.49
+6.00%
Oncternal Therapeutics
OMAB87.681.57
+1.82%
Grupo Aeroportuario del Centro Norte S.A.B. de C.V. ADS
ACEL11.020.15
+1.38%
Accel Entertainment
SFST25.950.25
+0.97%
Southern First Bancshares
NWG7.74-0.02
-0.26%
NatWest Group plc

CDNS and

Correlation & Price change

A.I.dvisor indicates that over the last year, CDNS has been closely correlated with SNPS. These tickers have moved in lockstep 87% 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.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CDNS
1D Price
Change %
CDNS100%
+0.69%
SNPS - CDNS
87%
Closely correlated
+0.23%
NOW - CDNS
67%
Closely correlated
+1.47%
MSFT - CDNS
59%
Loosely correlated
+0.73%
ADBE - CDNS
58%
Loosely correlated
+1.53%
RIOT - CDNS
54%
Loosely correlated
+4.89%
More