Notable Two Hundred Day Moving Average Cross - CDNS

In trading on Monday, shares of Cadence Design Systems Inc (CDNS) crossed below their 200 day moving average of $13.05, changing hands as low as $13.01 per share. Cadence Design Systems Inc shares are currently trading off about 1.9% on the day. The chart below shows the one year performance of CDNS shares, versus its 200 day moving average:

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Cadence Design Systems Inc 200 Day Moving Average Chart

Looking at the chart above, CDNS's low point in its 52 week range is $9.73 per share, with $14.81 as the 52 week high point — that compares with a last trade of $13.10.

According to the ETF Finder at ETF Channel, CDNS makes up 2.43% of the Dynamic Software Portfolio ETF ( PSJ) which is trading lower by about 2.4% on the day Monday.

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