


Technical Sentiment Analysis for Cadence Design Systems Inc (CDNS) As of 2026-05-29, Cadence Design Systems Inc (CDNS) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 8 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CDNS stands at 66.105, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 13.706, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 81.772 and the Commodity Channel Index (CCI) at 120.778 further confirm a 22.09 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, CDNS is trading below its 60-day moving average of $317.244 and below its 200-day long-term moving average of $323.087. Key price levels to watch include the immediate resistance at $386.606 and strong support at $334.361. A break above $386.606 could signal a bull continuation, while falling below $334.361 may test the next Fibonacci floor at $306.836.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 282.116 | 306.836 | 334.361 | 359.081 | 386.606 | 411.326 | 438.851 |
| Fibonacci | 306.836 | 326.793 | 339.123 | 359.081 | 379.038 | 391.368 | 411.326 |
2026-05-29
| Name | Value |
|---|---|
| RSI_14 | 66.105 |
| STOCHk_14_3_3 | 81.772 |
| STOCHd_14_3_3 | 85.251 |
| CCI_20 | 120.778 |
| AO_5_34 | 34.68 |
| MOM_10 | 22.09 |
| MACD_12_26_9 | 13.706 |
2026-05-29
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 375.634 | Sell |
| MA_10 | 361.887 | Buy |
| MA_20 | 358.354 | Buy |
| MA_60 | 317.244 | Buy |
| MA_200 | 323.087 | Buy |
| MA_250 | 322.641 | Buy |