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Downtrend Broken Resist.Archive - 10/10/2025 - Sign In to see current Signals. |
Cadence Design Systems (CDNS) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :    Move cursor over the icon to see details.
| | It was the negative week for the Cadence Design Systems (CDNS). During the week, the CDNS dropped -20.27 points, or -5.84%, and closed at 327.00 on Friday, October 10, 2025. Weekly volume was -27% below average.
Long-term trend: [See CDNS long-term trend chart] A long-term uptrend had started on April 7, 2025 at 221.60 and reached 376.45 on July 31, 2025. CDNS gained -154.85 points, or -69.88%, in 16 weeks. The price is now at the 31.93% retracement level.
Medium-term trend: [See CDNS medium-term trend chart] A medium-term downtrend had started on September 19, 2025 at 374.30 and reached 325.86 on October 10, 2025. CDNS lost 48.44 points, or 12.94%, in 3 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The downtrend support line (339.64) is broken. Usually a broken support is considered to be a long-term bearish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
Weekly Technical Indicators: [See CDNS weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help.
Short-term trend: [See CDNS short-term trend chart] A short-term downtrend had started on October 8, 2025 at 354.26 and reached 325.86 on October 10, 2025. CDNS lost 28.40 points, or 8.02%, in 2 days. Price is near the trend low.
Daily Technical Indicators: [See CDNS daily technical indicators chart] Daily Relative Strength Index is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Relative Strength Index. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Daily Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Relative Strength Index help. The daily MACD line is below its signal line since September 25, 2025. This is an indication that the short-term trend is down. The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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