Latest signal:
CDNS Stock Analysis
Data source: Trade-Ideas Alerts | 41 alerts analyzed | Backtest period: 2022-02-08 → 2024-11-20
⚠️ Small sample size (41 alerts). Statistics may have high variance. Interpret with caution.
🏢 Company Profile
📈 Performance by Timeframe
5MIN
15MIN
30MIN
60MIN
EOD (End of Day)
🚀 Max Favorable / Adverse Excursion (MFE/MAE)
Institutional-grade metrics showing the maximum profit potential and risk for each alert.
📈 MFE (Max Profit Potential)
On average, CDNS alerts reach +1.72% profit potential within 146 minutes.
📉 MAE (Max Drawdown Risk)
Before reaching MFE, expect an average drawdown of 0.36%.
⚖️ Risk/Reward Ratio
Excellent risk/reward - potential gain is 4.79x the typical drawdown.
💡 Trading Insight: Based on 41 alerts, CDNS typically reaches +1.72% profit before pulling back. Consider setting profit targets around 1.4% to capture most of the move.
🌅 Premarket Gap Analysis (9:25 → 9:30)
🏭 Sector Comparison: SERVICES-PREPACKAGED SOFTWARE
How CDNS compares to 137 other tickers in the same sector.
📋 Last 20 Alerts
Historical CDNS alerts with performance metrics calculated from 1-minute price data. Each row shows the actual price movement at different timeframes after the alert.
| Date | Time | Price | 5min | 15min | 30min | 60min | EOD | MFE | MAE | Gap | Result |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-11-20 | 09:29:52 | $296.19 | +0.48% | +0.36% | +0.37% | +0.54% | +2.64% | +3.05% | -0.04% | +0.85% | WIN |
| 2024-10-21 | 09:25:18 | $259.14 | -1.29% | -0.69% | -0.77% | -1.04% | -2.31% | -0.39% | -1.55% | -1.21% | LOSS |
| 2024-10-02 | 09:29:37 | $261.94 | +0.84% | +0.48% | +1.61% | +2.41% | +1.94% | +2.99% | +0.12% | +0.12% | WIN |
| 2024-07-01 | 09:28:11 | $308.2 | -1.04% | -0.92% | -0.81% | +0.20% | +0.88% | +1.23% | -1.32% | -0.15% | LOSS |
| 2024-04-23 | 09:29:40 | $278.5 | +0.59% | +0.28% | +0.64% | +1.13% | +1.17% | +2.68% | -0.48% | -0.18% | WIN |
| 2024-03-19 | 09:26:11 | $304.8 | -0.04% | -0.11% | +0.72% | +0.29% | +2.31% | +2.62% | -0.45% | -0.34% | LOSS |
| 2024-02-13 | 09:29:59 | $289.02 | +2.62% | +3.79% | +2.99% | +2.32% | +1.84% | +3.96% | -1.03% | +0.34% | WIN |
| 2023-11-13 | 09:27:00 | $260.1 | +0.12% | +0.38% | +0.08% | +0.35% | +1.48% | +2.05% | -0.20% | +0.19% | WIN |
| 2023-11-06 | 09:26:00 | $251.0 | -0.35% | -0.61% | -0.50% | -0.47% | -0.49% | - | - | -0.35% | LOSS |
| 2023-09-28 | 09:28:00 | $231.01 | -0.57% | +0.08% | +0.47% | +0.29% | +1.30% | +2.26% | -0.77% | -0.43% | LOSS |
| 2023-08-07 | 09:25:00 | $232.0 | -0.14% | -0.09% | +0.47% | +0.11% | +0.19% | +0.73% | -0.82% | -0.64% | LOSS |
| 2023-07-27 | 09:25:00 | $238.2 | +0.94% | +1.46% | +1.26% | +0.92% | -1.39% | +1.66% | +0.00% | +0.26% | WIN |
| 2023-07-18 | 09:26:00 | $243.97 | -0.12% | -1.34% | -1.35% | -1.24% | +0.05% | +0.41% | -2.01% | +0.19% | LOSS |
| 2023-06-08 | 09:26:00 | $220.62 | +1.17% | +2.46% | +3.01% | +3.19% | +3.38% | +4.01% | - | +0.68% | WIN |
| 2023-06-07 | 09:28:00 | $227.83 | +0.13% | +0.53% | +0.52% | -0.47% | -2.35% | +1.14% | -0.16% | -0.03% | WIN |
| 2023-06-02 | 09:29:00 | $232.02 | -0.38% | +0.16% | -1.00% | -0.48% | -1.00% | +0.47% | -0.63% | +0.06% | LOSS |
| 2023-05-22 | 09:25:00 | $215.84 | -0.08% | +0.05% | -0.15% | -0.55% | -1.95% | +0.05% | -0.76% | -0.13% | LOSS |
| 2023-04-28 | 09:27:00 | $207.89 | +0.51% | +0.64% | +1.18% | +1.79% | +0.75% | +1.95% | -0.10% | -0.03% | WIN |
| 2023-04-27 | 09:26:00 | $205.2 | -0.44% | -0.62% | -0.60% | -0.37% | +1.30% | +1.58% | -1.24% | -0.18% | LOSS |
| 2023-03-23 | 09:29:00 | $204.84 | -0.09% | -0.64% | -0.31% | -0.02% | +1.05% | +1.66% | -0.88% | - | LOSS |
Table Metrics Explained:
- 5min/15min/30min/60min/EOD: Price change at each timeframe (calculated from real minute-by-minute data)
- MFE: Maximum Favorable Excursion - highest profit potential reached during the day
- MAE: Maximum Adverse Excursion - worst drawdown experienced before reaching MFE
- Gap: Premarket price gap from 9:25 AM to 9:30 AM market open
- Result: WIN if 5min change > 0%, LOSS otherwise
🚀 Beat the 63.4% Baseline on CDNS
The 63.4% win rate is just the raw starting point. Launch the app to apply filters (Volume, RSI, Time) and see if you can push CDNS's performance to 75%+.
Optimize CDNS Strategy →Why Analyze CDNS with FILTRIX?
🛡️ Realistic Entry Simulation
We don't inflate stats. Our analysis tracks only the first alert of the day for CDNS. This simulates a true "Gap & Go" entry at pre-market hours (9:25-9:30 AM), avoiding the trap of chasing a stock that has already extended.
💰 Max Potential (MFE) Analysis
How much is left in the move? On winning days, CDNS historically offers an average upside of +1.72% intraday. Our data helps you distinguish between a quick scalp and a runner.
📊 CDNS Momentum Personality
With a baseline win rate of 63.4%, CDNS shows strong follow-through, making it a prime candidate for momentum strategies.
⏱️ Optimized Exit Timing
Don't guess when to sell. Our backtests show CDNS performs best on the EOD (End of Day) timeframe (Avg Gain: +0.30%), signaling that gains often fade later in the session.