CADENCE DESIGN SYS INC (CDNS) Technical Analysis
NASDAQ:CDNS • US1273871087
305.43 USD
+4.8 (+1.6%)
At close: Mar 4, 2026
301.42 USD
-4.01 (-1.31%)
Pre-Market: 3/5/2026, 4:06:49 AM
We assign a technical rating of 2 out of 10 to CDNS. CDNS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- CDNS is one of the better performing stocks in the Software industry, it outperforms 84% of 276 stocks in the same industry.
- In the last month CDNS has a been trading in the 265.74 - 311.70 range, which is quite wide. It is currently trading near the high of this range.
- CDNS has an average volume of 2434300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, CDNS turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
- CDNS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CDNS is lagging the market.
CDNS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 305.26, a Stop Loss order could be placed below this zone.
More info and screens
280.67
341.45
We found 2 important support areas.
- A support zone ranging from 302.75 to 305.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 283.51 to 288.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 305.44 to 307.70. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A resistance zone ranging from 318.89 to 319.43. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @338.07 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CDNS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CDNS is neutral. |
| ChartMill Relative Strength | 58.86 | NEUTRAL | CDNS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CDNS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CDNS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CDNS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.29 | NEUTRAL | The RSI value for CDNS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.3 | POSITIVE | The MACD value suggests CDNS has a positive trend. |
| Stochastics (14,3) | 75.12 | NEUTRAL | The Stochastics value for CDNS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.44 | MEDIUM VOLATILITY | The ATR as a percentage value for CDNS suggests some volalility. |
| Average Directional Index/ADX (14) | 14.36 | NEGATIVE | The low ADX value for CDNS suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
CDNS Technicals: Chart, Performance Metrics, Trend & Indicators
305.43
+4.8 (+1.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.6%
1 Week1.19%
2 Weeks0.14%
1 Month13.75%
3 Month-9.51%
6 Month-12.99%
12 Month25.58%
2 Year-1.88%
3 Year45.38%
5 Year122.96%
10 Year1195.29%
15 Year3032.62%
Volatility
ATR(14)14.72
ATR(20)%4.44%
ATR Inc-25.95%
Range Today12.46
ADR(20)12.09
ADR(20)%3.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.86
3 months CRS24.12
6 months CRS23.53
Mansfield-0.97
10 Day High308.58
10 Day Low277.3
20 Day High311.7
20 Day Low265.74
52 Week High376.45
52 Week Low221.56
CS1 End305.26
CR1 Start305.44
Volume & EV
DER(3)-0.93%
DER(5)-0.11%
Volume2.83M
Volume Incr-12.8%
Vol(5)2.89M
Vol(50)2.43M
CADENCE DESIGN SYS INC / CDNS FAQ
What is the ChartMill technical rating of CADENCE DESIGN SYS INC (CDNS) stock?
ChartMill assigns a technical rating of 2 / 10 to CDNS.
What is the trend direction for CDNS stock?
The current trend direction for CADENCE DESIGN SYS INC (CDNS) is Bearish.
Can you provide the RSI signal for CADENCE DESIGN SYS INC?
CADENCE DESIGN SYS INC (CDNS) has an RSI value of 53.2937. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CADENCE DESIGN SYS INC?
The short term momentum for CADENCE DESIGN SYS INC (CDNS) is neutral.