


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 68.675, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 6.724, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 91.892 and the Commodity Channel Index (CCI) at 192.309 further confirm a 46.65 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, CDNS is trading below its 60-day moving average of $292.497 and below its 200-day long-term moving average of $321.265. Key price levels to watch include the immediate resistance at $331.797 and strong support at $264.137. A break above $331.797 could signal a bull continuation, while falling below $264.137 may test the next Fibonacci floor at $229.929.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 196.477 | 229.929 | 264.137 | 297.589 | 331.797 | 365.249 | 399.457 |
| Fibonacci | 229.929 | 255.775 | 271.743 | 297.589 | 323.435 | 339.403 | 365.249 |
2026-04-21
| Name | Value |
|---|---|
| RSI_14 | 68.675 |
| STOCHk_14_3_3 | 91.892 |
| STOCHd_14_3_3 | 90.478 |
| CCI_20 | 192.309 |
| AO_5_34 | 22.11 |
| MOM_10 | 46.65 |
| MACD_12_26_9 | 6.724 |
2026-04-21
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 313.344 | Buy |
| MA_10 | 298.346 | Buy |
| MA_20 | 288.405 | Buy |
| MA_60 | 292.497 | Buy |
| MA_200 | 321.265 | Buy |
| MA_250 | 317.697 | Buy |