|
|
Archive
- 4/10/2026 -
Sign In to see current Signals. |
Cadence Design Systems (CDNS) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Cadence Design Systems (CDNS). During the week, the CDNS dropped -13.06 points, or -4.69%, and closed at 265.66 on Friday, April 10, 2026. It was the worst weekly loss since January 30, 2026. CDNS was trading at average weekly trading volume.
CDNS is a member of Application Software Industry. Application Software is the fifth most oversold industry. 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 July 31, 2025 at 376.45 and reached 262.75 on February 3, 2026. CDNS lost 113.70 points, or 30.20%, in 26 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 235.83 and resistance is at 289.03. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a long-term trend.
 Medium-term trend: [See CDNS medium-term trend chart]
A medium-term downtrend had started on February 18, 2026 at 311.70 and reached 263.38 on April 10, 2026. CDNS lost 48.32 points, or 15.50%, in 7 weeks. Price is near the trend low.
 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 April 8, 2026 at 291.35 and reached 263.38 on April 10, 2026. CDNS lost 27.97 points, or 9.60%, in 2 days. The price is now at the 8.15% retracement level.
Daily Technical Indicators: [See CDNS daily technical indicators chart]
Daily technical indicators are neutral. Daily MACD has bullish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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.
The daily MACD line is below its signal line since April 9, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
| |
|
|