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Application Software Industry Stocks Technical Analysis - CDNSArchive
- 6/6/2025 -
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Cadence Design Systems (CDNS) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was a first positive week for the Cadence Design Systems (CDNS). During the week, the CDNS gained 9.88 points, or 3.44%, and closed at 296.95 on Friday, June 6, 2025. Weekly volume was -17% below average.
CDNS is a member of Information Technology Sector. Information Technology is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See CDNS long-term trend chart]
A long-term downtrend had started on June 20, 2024 at 328.99 and reached 221.60 on April 7, 2025. CDNS lost 107.39 points, or 32.64%, in 41 weeks. The price is now at the 70.16% retracement level.
Medium-term trend: [See CDNS medium-term trend chart]
A medium-term downtrend had started on May 21, 2025 at 322.64 and reached 276.61 on May 29, 2025. CDNS lost 46.03 points, or 14.27%, in 1 weeks. The price is now at the 44.19% retracement level.
 Weekly Technical Indicators: [See CDNS weekly technical indicators chart]
Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The weekly MACD line is above its signal line since April 25, 2025. Use the following link to access a MACD help.
 Short-term trend: [See CDNS short-term trend chart]
A short-term uptrend had started on June 4, 2025 at 291.62 and reached 302.00 on June 5, 2025. CDNS gained -10.38 points, or -3.56%, in 1 days. The price is now at the 48.65% retracement level.
 Daily Technical Indicators: [See CDNS daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since May 20, 2025.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Information Technology |
10 |
| Industry |
Application Software |
105 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
291.62 |
| Low Date |
06/04/2025 |
| High |
302.00 |
| High Date |
06/05/2025 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
|
| Low |
291.62 |
| Low Date |
06/04/2025 |
| High |
302.00 |
| High Date |
06/05/2025 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
291.62 |
| Low Date |
06/04/2025 |
| High |
302.00 |
| High Date |
06/05/2025 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
322.64 |
| High Date |
05/21/2025 |
| Low |
276.61 |
| Low Date |
05/29/2025 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
328.99 |
| High Date |
06/20/2024 |
| Low |
221.60 |
| Low Date |
04/07/2025 |
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