BIT:1CDNS • US1273871087
Overall 1CDNS gets a technical rating of 2 out of 10. 1CDNS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of 1CDNS is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
247.50
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for 1CDNS.MI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 1CDNS.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | 1CDNS.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Relative Strength Index/RSI (14) | 46.2 | NEUTRAL | The RSI value for 1CDNS.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 23.23 | POSITIVE | The MACD value suggests 1CDNS.MI has a positive trend, although the MACD value is declining. |
| Average Directional Index/ADX (14) | 22.7 | NEUTRAL | The ADX value for 1CDNS.MI suggests a possible start of a new trend. |
BIT:1CDNS (2/10/2026, 7:00:00 PM)
250
+8.35 (+3.46%)
ChartMill assigns a technical rating of 2 / 10 to 1CDNS.MI.
The current trend direction for CADENCE DESIGN SYS INC (1CDNS.MI) is Bearish.
CADENCE DESIGN SYS INC (1CDNS.MI) has an RSI value of 46.204. This indicates that the stock is currently neutral.
The MACD indicator for CADENCE DESIGN SYS INC (1CDNS.MI) has a value of 23.2327, indicating a bullish trend.