⚠️ Uptrend Under Pressure Severe risk · 75 · Institutional selling is building — 5 distribution days in the last 25 sessions. · 5 distribution days Full briefing → Jun 06

$CDNS

Cadence Design Systems, Inc.

Cadence Design Systems, Inc. is a large-cap Packaged Software company in the Technology Services sector with a market cap of $114B.

Technology Services Packaged Software stock Stage 2 · Advancing Base 1 Data 25h 45m ago
$411.68 latest close
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Price $411.68
52W High $416.69 -1.2%
52W Low $262.75
Wks Basing 0w
Base Depth -3.8%
Base B1
SMA 50 $332.02
SMA 200 $324.32
Avg Vol 2,380,642
RS Rank 55
RS vs High -7.4%
RS Slope +11.5% ▲
Grp Rank #18/57
ADR% 3.3%
ATR(14) $15.24 (3.7%)
Rel Vol 1.25×
Vol Pace N/A
U/D Vol 1.12
A/D Days 16A / 9D
A/D Rating A+
VDU Bars 0/10 d
Power Trend 11d
Earnings 51d
$262.75
$416.69 97%

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Setup Quality B+ 5/7 signals
Jun 04: 80 (Wyckoff SOS)Jun 04: 80 (Wyckoff SOS)Jun 04: 80 (Wyckoff SOS)Jun 05: 83 (Wyckoff SOS)Jun 05: 81 (Wyckoff SOS)Jun 05: 83 (Wyckoff SOS)83 Score trend
✓ Stage 2 · Advancing ✓ Power Trend 11d ✗ RS New High ✓ Trend 7/8 ✗ No Pattern ✓ CANSLIM 88.2 (A+) ✓ Gatekeeper Base #1 (A)

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Legend Scorecard 6 methodology checks
Council consensus: 🟡 3 of 6 legends are Watching — building, not yet a confirmed buy.
Minervini Minervini
Avoid
D 7/13
Ask →
O'Neil O'Neil
Avoid
D 3/7
Ask →
Weinstein Weinstein
Avoid
C 4/7
Ask →
Livermore Livermore
Watch
B 3/4
Ask →
Darvas Darvas
Watch
B 3/4
Ask →
Wyckoff Wyckoff
Watch
B 3/4
Ask →
Breakout Health

No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?

🕯 Latest candle: Bullish Engulfing — Today's up candle fully engulfs yesterday's down candle — a classic bullish reversal, strongest after a pullback to support.

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RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH ▲ Rising
109RS Line (52W)
Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net +5 A+
A: 19 D: 14 Net: +565 sessions
Minervini · Grade Card
SEPA — Specific Entry Point Analysis · 3/7 criteria met
C 3/7 SEPA
✗ EPS acceleration ≥25% QoQ —
✗ Revenue growth ≥20% YoY +14%
✗ Gross margin ≥30% —
✗ ROE ≥17% —
✓ RS rating ≥80 (price leadership) 87
✓ Stage 2 uptrend (Weinstein) Stage 2
✓ Within 25% of 52W high -1.2%

Pattern Analysis

Wyckoff SOS Wyckoff-grade Wyckoff SOS setups historically resolved up 36% of the time.
83.4 score
RS Score 87
Trend 7/8 ✓
CANSLIM 88.2 (A+)
range low: 277.492 range high: 323.0 sos thrust: 0.007 sos vol ratio: 2.117 near lps: ✗ validation reason: valid generic setup multi tf reason: weekly: MA stabilizing or rising — accumulation context supported
Why This Setup?
Wyckoff SOS

SOS: breakout above range_high=323.00, thrust=0.7%, vol=2.1x avg, lps=extended | Strong trend (7/8) | Top RS (87) | High-confidence pattern (70%) | Power Trend | Stage 2 | Recent gap-up (3d ago) | Readiness 65/100 (watch) | CANSLIM 88.2 (A+)

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Minervini Trend Template

7/8
Price above SMA 150 & 200 $411.68 vs SMA150 $316.85 / SMA200 $324.32
SMA 150 above SMA 200 SMA150 $316.85 vs SMA200 $324.32
SMA 200 trending up Slope +2.12 over 20 days
SMA 50 above SMA 150 & 200 SMA50 $332.02
Price above SMA 50 $411.68 vs SMA50 $332.02
30%+ above 52W low +56.7% from $262.75
Within 25% of 52W high -1.2% from $416.69
RS score above 70 RS 87

Fundamentals

52W Range
97%
Mkt Cap SEC
113.5B
Rev YoY
+14%
EPS TTM
$4.06
P/E TTM
101.4x
Float
276M
Insider
No Buy

Company

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O'Neil · Grade Card
CANSLIM — current EPS, annual EPS, new highs, supply, leader RS, inst. sponsorship, market
A+ 88.2 CANSLIM
C · Curr. EPS
70
A · Annual EPS
100
N · New Highs
100
S · Supply/Demand
100
L · Leader RS
87
I · Inst. Spons.
100
M · Market
100

Weekly Context

Multi-timeframe signals from weekly bars
W. Trend
4/8
W. RS
75
W. Support
$262.75
W. Resist
$416.69
Weekly Structure

Scan History

8× streak
Jun 04: 80 (Wyckoff SOS)Jun 04: 80 (Wyckoff SOS)Jun 04: 80 (Wyckoff SOS)Jun 05: 83 (Wyckoff SOS)Jun 05: 81 (Wyckoff SOS)Jun 05: 83 (Wyckoff SOS)83
Jun 05
Wyckoff SOS ✓ Gate
83
Jun 05
Wyckoff SOS ✓ Gate
81
Jun 05
Wyckoff SOS ✓ Gate
83
Jun 04
Wyckoff SOS ✓ Gate
80 0.0%
Jun 04
Wyckoff SOS ✓ Gate
80 0.0%
Jun 04
Wyckoff SOS ✓ Gate
80 0.0%

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