⚠️ Uptrend Under Pressure Severe risk · 99 · Institutional selling is building — 6 distribution days in the last 25 sessions. · 6 distribution days (SPY) Full briefing → Jul 28
Simple research view

CDNS · Cadence Design Systems, Inc.

$376.80 latest stored close
Detected setup Trend Only

Watch · Quality 69/100

Ask about CDNS

Switch to Advanced for indicator panels, raw grades, provenance, drawing tools, and full technical tables.

Scans / Technology Services / CDNS

$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 $104B.

Buy · 63 Technology Services Packaged Software stock Stage 2 · Advancing Base 1 Data 50m ago
$376.80 latest close
Council read · 6 methods

Watch — evidence is building

0 buyable · 4 watch · 2 avoid. Review the observed passes and blockers before reading the chart.

Earnings-risk mode

Post-earnings setup

Monday, July 27, 2026 Time not confirmed No sourced report session or clock time

Deterministic evidence

CDNS-0.30%
Sector proxy · XLK+1.29%
Same completed session window ending 2026-07-14. CDNS was -1.59 points vs XLK.
CatalystUnavailable Stock reactionNegative Sector reactionSupportive Opening surgeUnavailable Event riskEarnings-driven
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.

AI interpretation (optional)

Ask a Legend to interpret the evidence only after reviewing the deterministic event timing and relative reaction.

Interpret this evidence AI output is commentary, not scanner evidence or a sizing recommendation.
Price $376.80 Jul 14 close
52W High $416.69 -9.6%
52W Low $262.75
Wks Since High 5w
Base Depth -13.9%
Base B1
SMA 50 $374.45
SMA 200 $328.03
Avg Vol 2,316,074
RS Rank 63
RS vs High -14.3%
RS Slope -4.1% ▼
Grp Rank #14/66
ADR% 3.4%
ATR(14) $13.28 (3.5%)
Rel Vol (today) 0.54×
Vol Pace N/A
U/D Vol 0.64
A/D Days 19A / 10D
A/D Rating A+
VDU Bars 0/10 d
Earnings past
$262.75
$416.69 74%

CDNS Chart

Interactive price, volume, RS, RSI, and MACD charts are available after sign in.

Create a free account to load the full interactive chart for CDNS.

Create Free Account
Setup Quality C 3/7 signals
Jul 10: 55 (Cup & Handle)Jul 13: 55 (Cup & Handle)Jul 14: 68 (Trend Only)Jul 14: 70 (Trend Only)Jul 14: 70 (Trend Only)Jul 15: 69 (Trend Only)69 Score trend
✓ Stage 2 · Advancing ✗ Power Trend ✗ RS New High ✓ Trend 6/8 ✗ No Pattern ✓ Gatekeeper Base #1 (A)

See the full conviction stack.

Unlock Insights

Technical Analysis Report Card

$CDNS · $376.80 · as of 2026-07-14 · multi-factor read
63
/ 100
Buy

Trend · Daily / Weekly / Monthly

Daily ▼ Weak / rolling over
Weekly ▲ Uptrend
Monthly ▲ Uptrend

Moving Averages

50-day$374.45 ↑
100-day$335.64 ↑
200-day$328.03 ↑
Bullish (50 > 200)

RSI (14)

Reading49.7 · Neutral

Neutral — momentum is balanced between buyers and sellers.

MACD (12/26/9)

StateWeakening
Histogram-0.701

Weakening — MACD slipped below its signal line. Histogram contracting.

Bollinger Bands (20,2)

%B / Width41% · 7.8%
Squeeze — volatility compressing

Mid-band — no directional band edge in play. Bands are squeezing — volatility is compressing, often a precursor to a sharp move.

Volume · Buyer vs Seller

Up/Down vol0.64 · Distribution
Rel volume0.54×

Distribution — volume is concentrated on down days; sellers dominate. Recent volume is easing versus its baseline.

Support & Resistance

R · $403.38swing level
R · $416.6952-week high
Price · $376.80now
S · $365.63swing level
S · $358.76swing level
S · $331.55swing level

Fibonacci · Uptrend swing

23.6% ◄ price here$380.36
38.2%$357.88
50.0%$339.72
61.8%$321.56
78.6%$295.69

Retracement support zones measured from the recent swing low up to the high.

The verdict is free. The trade plan is Pro.
Unlock the exact entry, stop-loss, profit target, and reward-to-risk for CDNS — plus the full 495-symbol scanner and Ask-the-Legends chat.
🔒 Start your 7-day free trial →
Daily downtrendWeekly uptrendMonthly uptrendAbove 200-day MA50/200 bullishVolume distribution
Want this read in a legend's voice? 💬 Ask a Legend about CDNS
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? →
Legend Verdicts 6 methodology checks

Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.

Council consensus: 🟡 4 of 6 legends are Watching — building, not yet a confirmed buy.
Avoid
Minervini D

Trend-template read: fails 150-day MA > 200-day MA.

Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $376.80, MA150 $327.51, MA200 $328.03
1.4 50-day MA > 150-day MA AND 200-day MAMA50 $374.45, MA150 $327.51, MA200 $328.03
Failing evidence
1.2 150-day MA > 200-day MAMA150 $327.51 vs MA200 $328.03
1.8 RS rank ≥ 70 (prefer ≥ 85)RS rank 62
5/10 checks
Avoid
O'Neil D

CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.

Passing evidence
N: Near 52-week high or RS line new high9.6% below high | RS line new high: False
S: Base tightness (ATR% ≤ 4.5%)ATR% 3.52%
Failing evidence
L: RS rank ≥ 80 (IBD leadership)RS rank 62
C: Quarterly EPS acceleration ≥ 25%Data unavailable
2/8 checks
Watch
Weinstein C

Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.

Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $376.80 vs MA200 $328.03
Failing evidence
Volume expansion above averageVolume ratio 0.54x
Weekly price coiling (Stage 2 consolidation)Tightening weekly range confirms base
5/7 checks
Watch
Livermore B

Pivotal-point read: constructive evidence is present, but relative strength is unresolved.

Passing evidence
Price$376.80
Distance from 52-week high9.6% below high
Failing evidence
Relative strengthRS 62
Volume vs average0.54x
3/6 checks
Watch
Darvas B

Box-theory read: constructive evidence is present, but relative strength is unresolved.

Passing evidence
Price$376.80
Distance from 52-week high9.6% below high
Failing evidence
Relative strengthRS 62
Volume vs average0.54x
3/6 checks
Watch
Wyckoff B

Supply-and-demand read: constructive evidence is present, but relative strength is unresolved.

Passing evidence
Price$376.80
Distance from 52-week high9.6% below high
Failing evidence
Relative strengthRS 62
Volume vs average0.54x
3/6 checks
Breakout Health

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

RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH ▼ Falling
96RS Line (52W)
Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net +6 A+
A: 20 D: 14 Net: +665 sessions
Minervini · Grade Card
Fundamentals & leadership quality — Minervini SEPA criteria · 2/7 met
C 2/7 SEPA
Separate score from the 8-point Trend Template (6/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
EPS acceleration ≥25% QoQ
Revenue growth ≥20% YoY +14%
Gross margin ≥30%
ROE ≥17%
RS rating ≥80 (leadership) 62
Stage 2 uptrend (Weinstein) Stage 2
Within 25% of 52W high -9.6%

Method Playbook

📋 Trade it like Minervini EXACT LEVELS · PRO
Minervini O'Neil Livermore Weinstein Darvas Wyckoff
Minervini D · Avoid — The deterministic methodology check is Avoid; wait until the blocking criteria are resolved.
Pivot
Pro level
Published-method rule: Use the tight base's structural pivot; the setup must retain Trend Template leadership into the trigger.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Require a decisive move through the pivot with volume confirmation, and do not initiate more than 5% above it.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Start at the tighter structural invalidation; the initial loss limit must not exceed roughly 7–8% from entry.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Hold the initial stop until the trade proves itself; near +1R move to breakeven, then trail a higher low or rising 10/21-day average once well extended.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit when the structural stop or a meaningful higher-low/short-term trend violation fires; never widen the stop.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →
The published-method workflow is public. Unlock exact pivot, entry, stop, target, and sizing with Pro →
No active setup in the latest scan — showing last result from 13 days ago. Patterns may no longer be valid. Run a new scan →

Forming Patterns (predictive — not confirmed)

Head & Shoulders bearish forming
75% built

Possible head & shoulders top — not confirmed. Watch for a daily close below ~331.55 (neckline) to confirm, with measured-move risk toward ~246.41. A push back above 403.38 weakens the pattern; reclaiming 416.69 invalidates it.

Confirms below 331.55
Invalidates at 416.69
Left Shoulder 365.01
Head 416.69
Right Shoulder 403.38
Neckline 331.55
Target 246.41

LS 365.01 / head 416.69 / RS 403.38, neckline ~331.55, vol_fading=yes

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

Pattern Analysis (historical · 13d ago)

69.1 score
RS Score 62
Trend 6/8
Why This Setup? D+W Confluence
Trend Only

Gatekeeper 6/8 | Moderate trend (6/8) | Good RS (62) | Volume drying up (bullish) | Stage 2

The Universal Edge Check

The panel is uneasy

Too many universals unmet — this leans closer to a guess than a trade.

1/7 universals met
Why these seven? → The Universal Edge

Minervini Trend Template

6/8

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 $376.80 vs SMA150 $327.51 / SMA200 $328.03
SMA 150 above SMA 200 SMA150 $327.51 vs SMA200 $328.03
SMA 200 trending up Slope +2.53 over 20 days
SMA 50 above SMA 150 & 200 SMA50 $374.45
Price above SMA 50 $376.80 vs SMA50 $374.45
30%+ above 52W low +43.4% from $262.75
Within 25% of 52W high -9.6% from $416.69
RS score above 70 RS 62

Fundamentals

52W Range
74%
Mkt Cap SEC
103.9B
Rev YoY
+14%
EPS TTM
$4.06
P/E TTM
92.8x
Float
276M
Insider
No Buy

Company

Legend AI snapshot
Cadence Design Systems, Inc.
CDNS · NASDAQ · Technology Services · Packaged Software
$376.80latest close $103.9Bmarket cap 63RS rank 69setup score

Weekly Context

Multi-timeframe signals from weekly bars
W. Trend
8/8
W. RS
76
W. Support
$262.75
W. Resist
$416.69
W. Patterns
Cup & Handle
Weekly Structure

Scan History

Jul 10: 55 (Cup & Handle)Jul 13: 55 (Cup & Handle)Jul 14: 68 (Trend Only)Jul 14: 70 (Trend Only)Jul 14: 70 (Trend Only)Jul 15: 69 (Trend Only)69
Jul 15
Trend Only ✓ Gate
69
Jul 14
Trend Only ✓ Gate
70 0.0%
Jul 14
Trend Only ✓ Gate
70 0.0%
Jul 14
Trend Only ✓ Gate
68 0.0%
Jul 13
Cup & Handle ✓ Gate
55 -0.3%
Jul 10
Cup & Handle ✓ Gate
55 -1.9%

Get the full picture on CDNS

Pro members see entry/stop/target levels, R:R ratios, intraday alerts, and every setup detected across 495+ symbols daily.

Start 7-Day Free Trial