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Cadence Design Systems (CDNS) NewsBite - One of Today's Top Losers

Oct 29, 2009 (Fresh Brewed Media via COMTEX) --

Company: Cadence Design Systems, Inc. (CDNS)

Cadence Design Systems (CDNS) leads the list of top losers so far today. The stock is now at $6.53, down $.50 (-7.11%) on volume of 12,518,833 shares traded. Over the last 52 weeks the stock has ranged from a low of $2.55 to a high of $8.18. Cadence Design Systems stock has been showing support around $6.76 and resistance in the $7.50 range. Technical indicators for the stock are bearish and S&P gives CDNS a negative 2 STARS (out of 5) sell ranking. We will just watch this one for now. There are no hedged trades we like the look of for CDNS.

ABR-Seven Summits Strategic Investments NewsBite Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock

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News Provided by COMTEX

Company: Cadence Design Systems, Inc. (CDNS)


Related terms: S&P

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