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Application Software Industry Stocks Technical Analysis - CDNSArchive
- 6/27/2025 -
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Cadence Design Systems (CDNS) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a first positive week for the Cadence Design Systems (CDNS). During the week, the CDNS gained 9.80 points, or 3.32%, and closed at 305.20 on Friday, June 27, 2025. CDNS was trading at average weekly trading volume.
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 77.85% 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 chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (292.96) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See CDNS weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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.
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 23, 2025 at 289.69 and reached 315.90 on June 27, 2025. CDNS gained -26.21 points, or -9.05%, in 4 days. The price is now at the 40.82% retracement level.
 Daily Technical Indicators: [See CDNS daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands is falling, and it was 6.95% on Friday. It is 58.79% lower than one year average. It indicates the period of low volatility of the stock price. 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.
During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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