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Archive
- 5/23/2025 -
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Cadence Design Systems (CDNS) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was the negative week for the Cadence Design Systems (CDNS). During the week, the CDNS dropped -6.05 points, or -1.88%, and closed at 315.51 on Friday, May 23, 2025. Weekly volume was -26% 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 downtrend had started on May 21, 2025 at 322.64 and reached 311.65 on May 23, 2025. CDNS lost 10.99 points, or 3.41%, in 0 weeks. The price is now at the 35.12% retracement level.
Medium-term trend: [See CDNS medium-term trend chart]
A medium-term downtrend had started on June 20, 2024 at 328.99 and reached 221.60 on April 7, 2025. CDNS lost 107.39 points, or 32.64%, in 41 weeks. The price is now at the 87.45% retracement level.
 Weekly Technical Indicators: [See CDNS weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range or strongly overbought weekly Lane's Stochastic. 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 Williams' Percentage Range help.
The weekly MACD line is above its signal line since April 25, 2025. The distance between MACD and the signal line is relatively high and getting bigger. 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 May 21, 2025 at 322.64 and reached 311.65 on May 23, 2025. CDNS lost 10.99 points, or 3.41%, in 2 days. The price is now at the 35.12% retracement level.
 Daily Technical Indicators: [See CDNS daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal.
During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.
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