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Application Software Industry Stocks Technical Analysis - CDNSArchive
- 11/7/2025 -
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Cadence Design Systems (CDNS) Technical Analysis
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| Summary:
| | | Weekly : | | Daily : 
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| | It was the negative week for the Cadence Design Systems (CDNS). During the week, the CDNS dropped -13.64 points, or -4.03%, and closed at 325.05 on Friday, November 7, 2025. Weekly volume was 22% above average.
 Long-term trend: [See CDNS long-term trend chart]
A long-term uptrend had started on April 7, 2025 at 221.60 and reached 376.45 on July 31, 2025. CDNS gained -154.85 points, or -69.88%, in 16 weeks. The price is now at the 33.19% retracement level.
 Medium-term trend: [See CDNS medium-term trend chart]
A medium-term downtrend had started on July 31, 2025 at 376.45 and reached 318.02 on October 14, 2025. CDNS lost 58.43 points, or 15.52%, in 10 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 311.77 and resistance is at 372.15. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See CDNS weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since October 3, 2025. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
 Short-term trend: [See CDNS short-term trend chart]
A short-term downtrend had started on October 27, 2025 at 357.53 and reached 318.57 on November 6, 2025. CDNS lost 38.96 points, or 10.90%, in 10 days. The price is now at the 16.63% retracement level.
 Daily Technical Indicators: [See CDNS daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. 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 Williams' Percentage Range help.
During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
 Candlestick pattern: [See CDNS candlestick chart pattern]
On Friday the chart has formed a Bearish Downside Tasuki Gap Candlestick pattern. This is a rare continuation formation that appears in a strongly downward moving market. The reliability of the Bearish Downside Tasuki Gap pattern is medium. Use the Technical Stock Screener to see the list of stocks that had a Bearish Downside Tasuki Gap Candlestick pattern during the last week.
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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 |
7 |
| Industry |
Application Software |
40 |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
357.53 |
| High Date |
10/27/2025 |
| Low |
318.57 |
| Low Date |
11/06/2025 |
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| Weekly 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 |
357.53 |
| High Date |
10/27/2025 |
| Low |
318.57 |
| Low Date |
11/06/2025 |
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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 |
318.02 |
| Low Date |
10/14/2025 |
| High |
357.53 |
| High Date |
10/27/2025 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Broadening Right-Angled, Descending Wedge |
| Status |
Valid |
| Resistance |
372.15 |
| Support |
311.77 |
| High |
376.45 |
| High Date |
07/31/2025 |
| Low |
318.02 |
| Low Date |
10/14/2025 |
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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 |
221.60 |
| Low Date |
04/07/2025 |
| High |
376.45 |
| High Date |
07/31/2025 |
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