


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 72.751, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 17.227, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 93.999 and the Commodity Channel Index (CCI) at 131.549 further confirm a 26.96 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, CDNS is trading below its 60-day moving average of $303.519 and below its 200-day long-term moving average of $322.759. Key price levels to watch include the immediate resistance at $369.299 and strong support at $319.799. A break above $369.299 could signal a bull continuation, while falling below $319.799 may test the next Fibonacci floor at $292.904.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 270.299 | 292.904 | 319.799 | 342.404 | 369.299 | 391.904 | 418.799 |
| Fibonacci | 292.904 | 311.813 | 323.495 | 342.404 | 361.313 | 372.995 | 391.904 |
2026-05-11
| Name | Value |
|---|---|
| RSI_14 | 72.751 |
| STOCHk_14_3_3 | 93.999 |
| STOCHd_14_3_3 | 94.545 |
| CCI_20 | 131.549 |
| AO_5_34 | 47.18 |
| MOM_10 | 26.96 |
| MACD_12_26_9 | 17.227 |
2026-05-11
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 358.326 | Buy |
| MA_10 | 346.693 | Buy |
| MA_20 | 332.055 | Buy |
| MA_60 | 303.519 | Buy |
| MA_200 | 322.759 | Buy |
| MA_250 | 320.109 | Buy |