NEW YORK, July 20, 2016 /PRNewswire/ --

Stock-Callers.com today has on its radar four Application Software equities, which are firms that produce software installed on operating systems. Given the rapid technological advancements, the need and demand for application software are expected to continue to rise. Let us now review the recent technical performances of the following companies: Mobileye N.V. (NYSE: MBLY), Cadence Design Systems Inc. (NASDAQ: CDNS), CDK Global Inc. (NASDAQ: CDK), and RingCentral Inc. (NYSE: RNG). The notes on these stocks can be accessed for free by registering today at:

http://stock-callers.com/registration

Mobileye 

Shares in Jerusalem, Israel headquartered Mobileye N.V. ended Tuesday's session at $48.00, which was slight decline of 0.99%. The stock recorded a trading volume of 2.16 million shares. The Company's shares have surged 22.54% in the last one month, 19.97% in the previous three months, and 13.53% since the start of this year. The stock is trading 19.90% above its 50-day moving average and 23.62% above its 200-day moving average. Moreover, shares of Mobileye, which together with its subsidiaries, develops computer vision and machine learning, data analysis, and localization and mapping for advanced driver assistance systems and autonomous driving technologies primarily in Israel, have a Relative Strength Index (RSI) of 66.70.

On July 01st, 2016, a PR Newswire press release stated that BMW Group, Intel, and Mobileye are collaborating to make self-driving vehicles and future mobility concepts become a reality. Together with Intel and Mobileye, the BMW Group will develop the necessary solutions and innovative systems for highly and fully automated driving to bring these technologies into series production by 2021.

On July 19th, 2016, research firm JP Morgan initiated coverage for the Company's stock with a 'Neutral' rating. Visit us today and access our complete notes on MBLY at:

http://stock-callers.com/registration/?symbol=MBLY


Design Systems 

San Jose, California headquartered Cadence Design Systems Inc.'s stock rose 0.94%, closing the day at $25.90 with a total volume of 2.22 million shares traded. The Company's shares have advanced 6.76% in the last month, 9.65% over the previous three months, and 24.46% on an YTD basis. The stock is trading 5.85% and 15.73% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Cadence Design Systems, which develops, sells, leases, and licenses electronic design automation software, emulation and prototyping hardware, verification intellectual property, and design intellectual property for semiconductor and electronics systems industries worldwide, have an RSI of 69.34.

On June 22nd, 2016, Cadence Design Systems launched PSpice.com, a new user-community web portal that lets designers, partners, and students access materials related to PSpice® analog and mixed-signal simulation and analysis in one central location.  The complimentary notes on CDNS can be accessed at:


http://stock-callers.com/registration/?symbol=CDNS


CDK Global 

On Tuesday, Hoffman Estates, Illinois headquartered CDK Global Inc.'s stock recorded a trading volume of 434,837 shares, and ended the day 0.07% higher at $57.99. The Company's shares have gained 5.59% in the past month, 21.97% in the previous three months, and 22.83% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 5.92% and 19.48%, respectively. Furthermore, shares of CDK Global, which provides integrated information technology and digital marketing/advertising solutions to the automotive retail industry worldwide, have an RSI of 66.85.

On July 05th, 2016, CDK Global announced that it has secured a record number of contract renewals in its fiscal fourth quarter, ending on June 30th, 2016, with customers citing improved levels of service. The Company informed that during the quarter, 670 CDK customers, including customers representing approximately one-in-five of CDK's automotive Dealer Management System sites, renewed long-term contracts. Register for free on Stock-Callers.com and access the latest notes on CDK at:

http://stock-callers.com/registration/?symbol=CDK


RingCentral 

Belmont, California headquartered RingCentral Inc.'s stock climbed 0.18%, finishing yesterday's session at $22.12 with a total volume of 410,609 shares traded. The Company's shares have advanced 7.48% in the last one month and 22.55% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 10.77% and 11.65%, respectively. Additionally, shares of RingCentral, which provides software-as-a-service solutions for business communications primarily in the United States, have an RSI of 70.91.

On June 22nd, 2016, RingCentral and Google announced the launch of RingCentral Office® Google Edition to help mid to large size enterprises transition to the cloud. Available for $30 USD per user per month, the offering will include Google Apps Unlimited with unlimited storage and a new edition of RingCentral Office that integrates with Google Apps and Google Hangouts. This solution will provide richer and more robust enterprise communication compared to competing industry solutions, such as Office 365 and Skype for Business. Get free access to your notes on RNG at:

http://stock-callers.com/registration/?symbol=RNG

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