


Technical Sentiment Analysis for Cadence Design Systems Inc (CDNS) As of 2026-04-21, Cadence Design Systems Inc (CDNS) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 11 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CDNS stands at 68.071, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 6.585, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 91.035 and the Commodity Channel Index (CCI) at 190.025 further confirm a 44.91 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, CDNS is trading below its 60-day moving average of $292.468 and below its 200-day long-term moving average of $321.257. Key price levels to watch include the immediate resistance at $331.681 and strong support at $264.021. A break above $331.681 could signal a bull continuation, while falling below $264.021 may test the next Fibonacci floor at $229.871.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 196.361 | 229.871 | 264.021 | 297.531 | 331.681 | 365.191 | 399.341 |
| Fibonacci | 229.871 | 255.717 | 271.685 | 297.531 | 323.377 | 339.345 | 365.191 |
2026-04-21
| Name | Value |
|---|---|
| RSI_14 | 68.071 |
| STOCHk_14_3_3 | 91.035 |
| STOCHd_14_3_3 | 90.192 |
| CCI_20 | 190.025 |
| AO_5_34 | 22.11 |
| MOM_10 | 44.91 |
| MACD_12_26_9 | 6.585 |
2026-04-21
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 312.996 | Buy |
| MA_10 | 298.172 | Buy |
| MA_20 | 288.318 | Buy |
| MA_60 | 292.468 | Buy |
| MA_200 | 321.257 | Buy |
| MA_250 | 317.69 | Buy |