Cadence Design Systems is expected to pay over $100 million to resolve a probe of illegal sales to a Chinese military university, according to Reuters. Despite some saying the stock is overvalued, others believe in its growth potential. Some investors are adding to their positions, while others feel the stock is overpriced. There is speculation that earnings may have leaked, leading to potential upside for Cadence Design Systems and Nvidia.

CDNS stock price is 364.88. CDNS 52 Week low is None. CDNS 52 Week high is None. CDNS 200 day moving average is 292.58. It is currently trading above 200 day moving average. CDNS 50 day moving average is 314.57 which is below(bullish) the current price. RSI (relative strength index) of CDNS is 77.935 which is above (bullish) 70. Chaikin money flow (20 day) of CDNS is 0.089 which is above (bullish) 0.