


Technical Sentiment Analysis for Cadence Design Systems Inc (CDNS) As of 2026-05-11, Cadence Design Systems Inc (CDNS) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 9 indicators are flashing buy, while 6 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CDNS stands at 72.713, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 17.217, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 93.925 and the Commodity Channel Index (CCI) at 131.408 further confirm a 26.84 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, CDNS is trading below its 60-day moving average of $303.517 and below its 200-day long-term moving average of $322.758. Key price levels to watch include the immediate resistance at $369.291 and strong support at $319.791. A break above $369.291 could signal a bull continuation, while falling below $319.791 may test the next Fibonacci floor at $292.9.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 270.291 | 292.9 | 319.791 | 342.4 | 369.291 | 391.9 | 418.791 |
| Fibonacci | 292.9 | 311.809 | 323.491 | 342.4 | 361.309 | 372.991 | 391.9 |
2026-05-11
| Name | Value |
|---|---|
| RSI_14 | 72.713 |
| STOCHk_14_3_3 | 93.925 |
| STOCHd_14_3_3 | 94.52 |
| CCI_20 | 131.408 |
| AO_5_34 | 47.18 |
| MOM_10 | 26.84 |
| MACD_12_26_9 | 17.217 |
2026-05-11
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 358.302 | Buy |
| MA_10 | 346.681 | Buy |
| MA_20 | 332.049 | Buy |
| MA_60 | 303.517 | Buy |
| MA_200 | 322.758 | Buy |
| MA_250 | 320.109 | Buy |