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Cadence Design Systems, Inc.

CDNS Technical Analysis Summary (NASDAQ)

Analyze CDNS on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

CDNS●NASDAQ
TechnologySoftware - Application
$324.17
$2.53(0.77%)
U.S. Market opens in 12h 20m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

CDNS Technical Analysis Summary (NASDAQ)

Cadence Design Systems, Inc. (NASDAQ: CDNS) stock currently shows a bullish trend on the NASDAQ, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 59.74)
Trend Strength:Moderate (ADX: 23.52)
Volatility:Medium (ATR: 10.98)
Support/Resistance:$264.04 – $332.25 (Bollinger Bands)

Technical conditions suggest Cadence Design Systems, Inc. on the NASDAQ is awaiting a decisive move. Overall, Cadence Design Systems, Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 59.74

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 91.09

Bearish
Overbought levels may trigger pullback.

Williams %R: -11.51

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 13.90

Strongly Bullish
Strong upside momentum.

Takeaway:Cadence Design Systems, Inc. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.20

Bullish
Bullish, trend momentum is strengthening.

ADX: 23.52

Moderate
Moderate trend, direction gaining strength.

ATR (14): 10.98

Rising
Rising volatility, market activity increasing.

CCI (14): 95.42

Bullish
Bullish, momentum building upward.

Takeaway:Cadence Design Systems, Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$332.25
Middle Band (SMA 20)
$298.14
Lower Band
$264.04
Current Position
Within Bands

Takeaway:Cadence Design Systems, Inc. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$329.87
Middle Line (EMA 20)
$307.91
Lower Channel
$285.95
Squeeze Status
No Squeeze

Takeaway:Cadence Design Systems, Inc. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume4.31M
Money Flow Index74.97Bullish, inflows support continued momentum.
Relative Vigor Index67.36Bullish, price momentum strongly favors buyers.

Overall Takeaway:CDNS shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Cadence Design Systems, Inc. (NASDAQ: CDNS), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Cadence Design Systems, Inc. currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(NASDAQ: CDNS) Technical Analysis FAQ