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Downtrend Broken Resist.Archive - 9/5/2025 - 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 a second positive week after 3 consecutive negative weeks for the Cadence Design Systems (CDNS). During the week, the CDNS climbed 0.58 points, or 0.17%, and closed at 351.01 on Friday, September 5, 2025. Weekly volume was -43% 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 chart has formed a Rising Wedge chart pattern. The uptrend support line (380.52) is broken. A broken support is considered to be a long-term bearish signal. 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 long-term trend.
Medium-term trend: [See CDNS medium-term trend chart] A medium-term downtrend had started on July 31, 2025 at 376.45 and reached 339.62 on August 20, 2025. CDNS lost 36.83 points, or 9.78%, in 2 weeks. The price is now at the 30.93% retracement level.
Weekly Technical Indicators: [See CDNS weekly technical indicators chart] Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. 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 link to access Williams' Percentage Range help. The weekly MACD line is above its signal line since April 25, 2025. Use the following link to access a MACD help.
Short-term trend: [See CDNS short-term trend chart] A short-term uptrend had started on September 3, 2025 at 340.57 and reached 355.31 on September 5, 2025. CDNS gained -14.74 points, or -4.33%, in 2 days. The price is now at the 29.17% retracement level.
Daily Technical Indicators: [See CDNS daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since August 8, 2025. The distance between MACD and the signal line is low and getting smaller. The distance between the Bollinger Bands (3.81%) is close to one year low (5.48%). It is 75.49% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. 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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