The Greedy Trader Weekly Analysis
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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.

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- 10/10/2025 -
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Cadence Design Systems (CDNS) Technical Analysis

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Summary:
Weekly :Broken trend support lineWeekly  MACD line has moved below its signal line
Daily :The price is below the lower Bollinger BandRelative Strength Index is oversoldStochastic signal line moved above oversold areaLane's Stochastic bullish divergence
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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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 18.90
Oversold
Williams' Percentage Range (W%R) 54.10
Lane's Stochastic (%D-Slow) 35.88
Bullish
Greed/Fear Indicator (GFI) 33.56
Moving Average Converg./Diverg. (MACD) -0.07
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 50.07
Williams' Percentage Range (W%R) 28.40
Lane's Stochastic (%D-Slow) 57.41
Greed/Fear Indicator (GFI) 59.97
Moving Average Converg./Diverg. (MACD) 16.34
Trading Signals
Description Value Chart
Upper Bollinger Band 369.69
Parabolic System 354.61
Quarterly Trendline Resistance 354.00
Weekly Stochastic Crossing 353.07
20 Day Moving Average 352.73
50 Day Moving Average 351.81
Quarterly Trendline Support 339.64
Daily Stochastic Crossing 336.18
Lower Bollinger Band 328.95
Price 327.00
Sector and Industry
Description Name Rank
Sector Information Technology 7
Industry Application Software 43
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 354.26
High Date 10/08/2025
Low 325.86
Low Date 10/10/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 354.26
High Date 10/08/2025
Low 325.86
Low Date 10/10/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 354.26
High Date 10/08/2025
Low 325.86
Low Date 10/10/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Broadening Right-Angled, Descending Wedge
Status Broken Support
Resistance 354.00
Support 339.64
High 374.30
High Date 09/19/2025
Low 325.86
Low Date 10/10/2025
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.