Cadence Design Systems, Inc. CDNS
NasdaqGS • Real-Time Technical Indicators & Signals • Currency: USD
Automated Algorithmic Diagnosis
REAL-TIMEAlgorithmic Technical Summary for Cadence Design Systems, Inc. (CDNS): As of current market pricing, CDNS is trading at $351.35 (+0.62 (+0.18%)). Technical indicator diagnostics show a 14-day Relative Strength Index (RSI) of 70.81, indicating a Overbought condition. The daily MACD (Moving Average Convergence Divergence) indicator is currently registered at 6.97 versus the signal line of -0.75, giving a histogram reading of +7.73 (Bullish Momentum). From a structural trend perspective, CDNS is trading +6% above its 200-day exponential moving average ($331.45), classifying the prevailing institutional trend bias as Bullish Trend Structure.
CDNS Price & Trend Overlay (Last 90 Days)
Technical Indicators & Market Metrics Table
| Indicator / Metric | Current Value | Technical Status | Market Interpretation |
|---|---|---|---|
| RSI (14) | 70.81 | Overbought | RSI at 70.81 is in overbought territory (> 70), indicating strong upward euphoria with heightened pullback or consolidation risk. |
| MACD Line (12, 26) | 6.97 | Bullish Momentum | Signal line: -0.75, Histogram: 7.73 |
| 20-Day EMA | $317.48 | Bullish | Short-term momentum guide. Price is holding above $317.48. |
| 50-Day EMA | $321.47 | Bullish | Medium-term trend indicator. Institutional support/resistance band. |
| 200-Day EMA | $331.45 | Long-Term Uptrend | Major institutional baseline. Distance to 200 EMA: +6%. |
| Average True Range (ATR 14) | $12.37 | Volatility | Expected average daily dollar price fluctuation. |
| 52-Week Range | $262.75 - $416.69 | Annual Range | Current price is $351.35 within the 52-week envelope. |
| Volume vs 30d Avg | 2.10M / 2.62M | Liquidity | Market Cap: 96.76B • P/E Ratio: 69.9 |
🔥 Market Movers & Technical Indicator Setups Today
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Frequently Asked Questions about Cadence Design Systems, Inc. (CDNS)
Q: What is CDNS's RSI (Relative Strength Index) today?
As of today, Cadence Design Systems, Inc. (CDNS) has a 14-day RSI of 70.81. This indicates a Overbought condition. Traders use RSI readings below 30 to identify oversold conditions and readings above 70 to identify overbought conditions.
Q: Is CDNS's MACD indicator bullish or bearish?
The daily MACD line for CDNS is currently 6.97 compared to its 9-day signal line of -0.75, generating a histogram difference of +7.73. This translates to a Bullish Momentum signal.
Q: Where is CDNS trading relative to its 200-day EMA?
CDNS is currently trading at $351.35, which is +6% above its 200-day exponential moving average of $331.45. Staying above the 200 EMA is considered a primary benchmark for institutional bull market trends.
Q: What are key support and resistance levels for CDNS?
Immediate support sits around the 20-day EMA ($317.48) and recent 20-day swing low ($273.96). Immediate resistance is marked near the 20-day high ($351.35) and the 52-week high of $416.69.