Overall CDNS gets a technical rating of 1 out of 10. CDNS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, CDNS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 310.84, a Stop Loss order could be placed below this zone.
More info and screens
290.62
3 important support areas can be observed.
- A support zone ranging from 310.62 to 310.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 300.57 to 300.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @293.56 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 323.58 to 324.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @331.12 from a trend line in the daily time frame.
- A resistance zone ranging from 337.54 to 338.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @371.03 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 | 33.33 | NEUTRAL | CDNS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CDNS is below the rising 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 | POSITIVE | The current price of CDNS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.14 | NEUTRAL | The RSI value for CDNS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.61 | NEGATIVE | The MACD value suggests CDNS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.79 | NEUTRAL | The Stochastics value for CDNS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for CDNS suggests some volalility. |
| Average Directional Index/ADX (14) | 17.87 | NEGATIVE | The low ADX value for CDNS suggests a weak or negative trend. |
NASDAQ:CDNS (12/29/2025, 2:42:10 PM)
317.9
-0.99 (-0.31%)
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 1 / 10 to CDNS.
What is the current trend direction of CADENCE DESIGN SYS INC (CDNS) stock?
The current trend direction for CADENCE DESIGN SYS INC (CDNS) is Bearish.
What is the RSI signal for CDNS stock?
CADENCE DESIGN SYS INC (CDNS) has an RSI value of 47.1389. This indicates that the stock is currently neutral.
What is the MACD signal for CADENCE DESIGN SYS INC (CDNS) stock?
The MACD indicator for CADENCE DESIGN SYS INC (CDNS) has a value of -0.605336, indicating a bearish trend.
What is the short term momentum for CDNS stock?
The short term momentum for CADENCE DESIGN SYS INC (CDNS) is negative.