Overall CDNS gets a technical rating of 0 out of 10. CDNS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 70% of all other stocks performed better in the past year than CDNS.
- CDNS is part of the Software industry. There are 277 other stocks in this industry. CDNS outperforms 80% of them.
- CDNS has an average volume of 1935790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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.
- In the last month CDNS has a been trading in the 262.75 - 328.64 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
The technical rating of CDNS is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
280.67
When analyzing the support we notice one important area.
- Support @283.51 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 311.28 to 313.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 321.56 to 327.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | DOWN | NEGATIVE | The short term trend for CDNS is down. |
| ChartMill Relative Strength | 30.01 | NEUTRAL | CDNS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CDNS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CDNS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CDNS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.05 | NEUTRAL | The RSI value for CDNS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.21 | NEGATIVE | The MACD value suggests CDNS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.53 | NEUTRAL | The Stochastics value for CDNS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.01 | MEDIUM VOLATILITY | The ATR as a percentage value for CDNS suggests some volalility. |
| Average Directional Index/ADX (14) | 21.37 | NEUTRAL | The ADX value for CDNS suggests a possible start of a new trend. |
NASDAQ:CDNS (2/11/2026, 12:31:06 PM)
298.825
-0.18 (-0.06%)
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 0 / 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 48.0481. 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 negative.
Can you provide the buy/sell signal for CADENCE DESIGN SYS INC?
The buy/sell signal for CADENCE DESIGN SYS INC (CDNS) is sell as both the short term and long term trends are negative.