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Downtrend Broken Resist.Archive
- 10/24/2025 -
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Cadence Design Systems (CDNS) Technical Analysis
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| Summary:
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| | It was a first positive week after 4 consecutive negative weeks for the Cadence Design Systems (CDNS). During the week, the CDNS gained 18.98 points, or 5.82%, and closed at 345.10 on Friday, October 24, 2025. Weekly volume was -16% below average.
CDNS is a member of Information Technology Sector. Information Technology is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 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 20.25% 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 318.02 on October 14, 2025. CDNS lost 56.28 points, or 15.04%, in 3 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 330.22 and resistance is at 352.27. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern in a medium-term trend.
 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 uptrend had started on October 14, 2025 at 318.02 and reached 351.13 on October 24, 2025. CDNS gained -33.11 points, or -10.41%, in 10 days. The price is now at the 18.21% retracement level.
Daily Technical Indicators: [See CDNS daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. 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.
Price is close to the 50 Day Moving Average. 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.
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