The Greedy Trader Weekly Analysis
Sign In Jan 9, 2026
Skip Navigation Links
Share
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

Archive
- 1/2/2026 -
Sign In to see current Signals.

Cadence Design Systems (CDNS) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :
Daily :Relative Strength Index is oversold20 Day Moving Average has crossed above the 50 Day Moving Average
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 -8.49 points, or -2.66%, and closed at 310.40 on Friday, January 2, 2026. Weekly volume was -44% 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 42.65% retracement level.

Medium-term trend: [See CDNS medium-term trend chart]
A medium-term downtrend had started on July 31, 2025 at 376.45 and reached 295.18 on November 21, 2025. CDNS lost 81.27 points, or 21.59%, in 16 weeks. The price is now at the 18.73% retracement level.

Weekly Technical Indicators: [See CDNS weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since October 3, 2025. This is an indication that the medium-term trend is down. 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 December 10, 2025 at 341.31 and reached 306.41 on January 2, 2026. CDNS lost 34.90 points, or 10.23%, in 23 days. The price is now at the 11.43% retracement level.

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. 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 Relative Strength Index help.

The daily MACD line is below its signal line since December 16, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger.

During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 19.20
Oversold
Williams' Percentage Range (W%R) 73.40
Lane's Stochastic (%D-Slow) 35.03
Greed/Fear Indicator (GFI) 26.95
Moving Average Converg./Diverg. (MACD) -1.73
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 37.55
Williams' Percentage Range (W%R) 74.10
Lane's Stochastic (%D-Slow) 42.40
Greed/Fear Indicator (GFI) 37.00
Moving Average Converg./Diverg. (MACD) 4.45
Trading Signals
Description Value Chart
Upper Bollinger Band 337.75
20 Day Moving Average 322.62
50 Day Moving Average 322.56
Parabolic System 322.01
Weekly Stochastic Crossing 315.71
Daily Stochastic Crossing 311.29
Price 310.40
Lower Bollinger Band 299.12
Sector and Industry
Description Name Rank
Sector Information Technology 6
Industry Application Software 46
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 322.41
High Date 12/18/2025
Low 306.41
Low Date 01/02/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 341.31
High Date 12/10/2025
Low 306.41
Low Date 01/02/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 295.18
Low Date 11/21/2025
High 341.31
High Date 12/10/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 376.45
High Date 07/31/2025
Low 295.18
Low Date 11/21/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 221.60
Low Date 04/07/2025
High 376.45
High Date 07/31/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.