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CDNS · Cadence Design Systems, Inc.

$322.17 +1.79% Oct 26 close

No confirmed setup in the latest scan

That is a valid result; the scanner does not force a pattern.

1 independent risk warning also present. Review before relying on the bullish setup.

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$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 $89B.

Technology Services Packaged Software stock Stage 1 · Basing Base 1

$322.17 latest close

⚠ Risk Signals

Head & Shoulders Top Neckline ~331.55 has broken. Measured-move risk extends toward ~246.41; a fast reclaim of 331.55 would be a failed breakdown (often bullish).

Bearish structure on the daily chart — a heads-up for anyone holding, not a short signal. Does not affect the bullish setup score.

Market Structure

Trend structure: uptrend

Latest event: structure_shift (bullish)

Support 310.94–311.70 · 4 touches · moderate

Support 299.29–300.94 · 3 touches · moderate

Support 281.60–283.35 · 3 touches · moderate

Resistance 328.59–329.59 · 3 touches · moderate

Support 315.51–316.71 · 3 touches · moderate

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Earnings

Post-earnings setup

Next earnings Monday, October 26, 2026 After market close Exact clock time not supplied by source

Deterministic evidence

Reported EPS 2.11 vs estimate 2.0861 · surprise +1.1%

CDNS+1.79%

Sector proxy · XLK+1.69%

Broad market · SPY+0.71%

Same completed session window ending 2026-10-26. CDNS was +0.10 points vs XLK. +1.08 points vs SPY.

CatalystPositive Stock reactionPositive Sector reactionSupportive Opening surge— Event riskEarnings-driven

Session internals Mixed

Rule: direction and internals disagree — it met neither the strong nor the weak rule. Judged on internals, not on the size of the move.

Vs prior close+1.79% From the open+1.67% Range position42% GapNo gap

QQQ confirmationConfirming (+1.11%) SMH confirmationConfirming (+2.74%)

Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.

Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.

Price $322.17 +1.8% Oct 26 close

52W High $416.69 22.7% below high

Wks Since High 20w

Base Depth 34.5%

SMA 50 $318.78

Avg Vol 2,427,986

Rel Vol (Oct 26) 1.85× 1.19× on up days

More stats

52W Low $262.75

Tight Wks 0

Base B1

SMA 200 $327.20

Group Rank #11/66

ADR% 3.2%

ATR(14) $11.51 (3.6%)

Vol Pace (live) N/A

A/D Days 16A / 10D

A/D Rating A+

Earnings past

Position in 52-week range 39thpercentile of the 52-week range

$262.75low

$416.69high

CDNS Chart

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Technical Analysis Report Card

$CDNS · $322.17 · as of 2026-10-26 · multi-factor read

/ 100

Strong Sell

Trend · Daily / Weekly / Monthly

Daily ▬ Sideways / consolidating

Weekly ▬ Sideways / consolidating

Monthly ▼ Downtrend

Moving Averages

50-day$318.78 ↑

100-day$340.02 ↓

200-day$327.20 ↓

Bearish (50 < 200)

RSI (14)

Reading48.1 · Neutral

Neutral — momentum is balanced between buyers and sellers.

MACD (12/26/9)

StateBearish

Histogram-3.266

Bearish — MACD below its signal line and below zero. Histogram expanding.

Bollinger Bands (20,2)

%B / Width29% · 18.7%

Mid-band — no directional band edge in play.

Volume · Buyer vs Seller

Up/Down vol1.19 · Neutral

Rel volume1.85×

Pocket pivots · 10d0

5d vs 50d vol115%

Heavy vol up / down1 / 0

Balanced — up/down volume is roughly even; no clear hand. Recent volume is expanding versus its baseline.

1 heavy-volume up day vs 0 down in the last 20 sessions.

Support & Resistance

R · $347.72swing level

R · $355.59swing level

R · $363.46swing level

Price · $322.17now

S · $320.07swing level

S · $311.43swing level

S · $273.07swing level

Fibonacci · Downtrend swing

23.6%$306.96

38.2%$327.93

50.0%$344.88

61.8%$361.83

78.6%$385.96

Retracement resistance zones measured from the recent swing high down to the low.

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Monthly downtrendBelow 200-day MA50/200 bearish

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Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →

Base & Breakout

Breakout follow-through

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

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RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH

Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net +4 A+

Forming Patterns (predictive — not confirmed)

Inverse Head & Shoulders bullish forming

80% built

Possible inverse head & shoulders — not confirmed. Watch for a daily close above ~369.27 (neckline) to confirm, with a measured move toward ~465.47. A drop under the right shoulder near 315.91 weakens the structure; a close below the head near 273.07 invalidates it.

Confirms above 369.27

Invalidates at 273.07

Left Shoulder 311.43

Head 273.07

Right Shoulder 315.91

Neckline 369.27

Target 465.47

LS 311.43 / head 273.07 / RS 315.91, neckline ~369.27, 12.8% below confirmation

Predictive pattern recognition is educational — most forming structures never confirm. Wait for the confirmation level before treating this as a setup.

No patterns detected

This symbol didn't match any pattern in the latest scan.

Minervini Trend Template

4/8

Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.

Price above SMA 150 & 200 $322.17 vs SMA150 $336.50 / SMA200 $327.20

SMA 150 above SMA 200 SMA150 $336.50 vs SMA200 $327.20

SMA 200 trending up Slope +1.72 over 20 days

SMA 50 above SMA 150 & 200 SMA50 $318.78

Price above SMA 50 $322.17 vs SMA50 $318.78

30%+ above 52-week low +22.6% from $262.75

Within 25% of 52-week high -22.7% from $416.69

RS score above 70 RS 50

Fundamentals

52W Range

39%

Mkt Cap SEC

88.6B

Rev YoY

+7%

EPS TTM

$4.06

P/E TTM

79.4x

Float

272M

Insider

No Buy

Company

Company profile

Cadence Design Systems, Inc.

CDNS · NASDAQ · Technology Services · Packaged Software

Scan History

Jul 15

Trend Only ✓ Gate

Jul 14

Trend Only ✓ Gate

70 -14.5%

Jul 14

Trend Only ✓ Gate

70 -14.5%

Jul 14

Trend Only ✓ Gate

68 -14.5%

Jul 13

Cup & Handle ✓ Gate

55 -14.8%

Jul 10

Cup & Handle ✓ Gate

55 -16.1%

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