O preço das ações do CDNS mantém a EMA de 100 dias, a alta se estenderá para US$ 250?
Cadence Design Systems Inc. (NYSE: CDNS) stock price is trading in the bull trajectory and held at the 100 day EM. Furthermore, the rejection candlestick highlights the bulls strength. The chart shows the rising parallel channel and the higher high sequences. CDNS stock price took a calm breath near the 100 day EMA and made a doji candlestick near $230. CDNS stock price is trading in an uptrend with the chart showing long buildup. Sellers failed to break the swing of $230 and are covering their positions. Per the options chain, at the strike price of $230, open interest of 729 hundred shares on the put side, whereas open interest of 486 hundred shares on the call side (Nasdaq). This option chain suggests that bulls will continue and CDNS stock will surpass $250 soon. At press time, CDNS stock price is trading at $233.72 with an intraday gain of 1.23% showing neutrality on the charts. Moreover, the trading volume increased by 0.12% to 1.097 Million and the market cap is $63.586 Billion. However, analysts have maintained a strong buy rating with a yearly target price of $276.52 suggesting a growth outlook. Cadence Design Systems, Inc. engages in the design and development of integrated