CDNS Fails to Reclaim Moving Averages Near $290.63
Shares of Cadence Design Systems Inc (CDNS) rose 3.88% to $290.63 on February 25.
The technical picture is bearish:
Despite the bearish EMA structure, bullish MACD divergence suggests patient buyers may find opportunity near $265.00.
Watch $265.00 as support and $319.98 as resistance.