CDNS Crosses Above Key Moving Average Level

In trading on Monday, shares of Cadence Design Systems Inc (CDNS) crossed above their 200 day moving average of $14.11, changing hands as high as $14.30 per share. Cadence Design Systems Inc shares are currently trading up about 1.7% 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 $11.61 per share, with $15.96 as the 52 week high point — that compares with a last trade of $14.29.
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According to the ETF Finder at ETF Channel, CDNS makes up 1.20% of the iShares North American Tech-Software ETF ( IGV) which is trading up by about 0.4% on the day Monday.

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