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Barchart
Barchart
Jim Van Meerten

Chart of the Day: Cadence Solves System Design Enablement Problems

Barchart Cadence Design Systems

The Chart of the Day belongs to the software solutions company Cadence Design Systems (CDNS)   .  I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart  feature to review the charts for consistent price appreciation.  Since the Trend Seeker signaled a buy on 1/17 the stock gained 18.44%.

CDNS Price vs Daily Moving Averages
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