CDNS (CDNS) — Uptrend in force
CDNS (CDNS) is trading at $361.67, +37.5 (+2.32%) on the session. Over the last 128 sessions the trend is up with a +29.4% move. Price is -13.1% from its 6-month high and +36.1% from its 6-month low. Annualised volatility (30-day) is ~45%.
Probability scenarios
Bullish bias — 6 bullish, 1 bearish, 1 neutral of 8 signals.
Trend Strong uptrend in force
CDNS (CDNS) is trading at $361.67. Over the last 128 sessions the trend is **up** with a +29.4% move.
Price is -13.1% from the 6-month high and +36.1% from the low. Annualised volatility (30-day) is ~45%.
Price is above the 15-day MA ($319.79, +13.1%) and above the 50-day SMA ($319.60).
Bollinger Bands Near the upper band — momentum hot
Bollinger Bands (20, 2): price is at $361.67, upper $366.91, middle $310.44, lower $253.97. Price is near the upper band — momentum hot.
Bandwidth is 36.4% of price — expanded (high volatility). Width contraction often precedes a directional breakout; expansion confirms one underway.
RSI (14) Extreme overbought
RSI(14) is 97.0. Mean-reversion risk is elevated; momentum often stalls here.
Generally: above 70 = overheated, above 50 = bullish trend, below 50 = bearish trend, below 30 = oversold.
MACD (12, 26, 9) Bullish — fast line above signal
MACD (12, 26, 9): line $10.86, signal $3.10, histogram +7.753.
The fast line is above the signal line and the histogram is positive — a bullish configuration. Momentum is expanding.
Volume Analysis Balanced volume
Up-day and down-day volume are roughly even (ratio 1.23) over the recent 19 sessions — no strong conviction either way.
Rule of thumb: price up on high volume = accumulation; price down on high volume = distribution. Low-volume pullbacks after a rally are usually profit-taking, not panic.
Smart Money (A/D) Smart money accumulating
The Accumulation/Distribution line is rising and sitting well off highs. Institutions are not aggressively distributing — large funds still appear net long.
A/D combines price position within the day's range with volume: rising = net buying pressure, falling = net selling pressure. It often leads price at turning points.
Anchored VWAP Above anchored VWAP — period buyers in profit
Price ($361.67) is +6.3% above the anchored VWAP ($340.13). Buyers who entered at the period's volume-weighted average are in profit and less likely to panic-sell.
Anchored VWAP is the volume-weighted average from the start of the scraped series — a proxy for the period's average institutional cost basis.
Key Levels 1 resistance / 3 support levels
Current price $361.67. Resistance above: $366.91. Support below: $338.10, $322.78, $314.00.
Watch $366.91 as the first upside level to clear, and $338.10 as the first downside level to hold. A clean break of either often determines the next leg.
Resistance
$366.91
Support
$338.10
Support
$322.78
Support
$314.00
Signal breakdown
- Trend (6mo) Bullish Linear-regression slope is up (+29.4% over the period).
- Price vs 50-day SMA Bullish Price is above the 50-day SMA ($319.60).
- RSI (14) Bearish RSI 97 — overbought, mean-reversion risk.
- MACD (12,26,9) Bullish Histogram positive (+7.753) — fast line above signal.
- Bollinger %B Bullish Price in the upper half of the bands (%B 0.95).
- Volume profile Neutral Volume balanced between up and down days.
- A/D line Bullish A/D line slope is rising — institutions accumulating.
- AVWAP Bullish Price above anchored VWAP ($340.13).
Generated from 128 daily closes in the scraped 6-month OHLCV series (quote data 2026-10-06T15:32:10.634085133Z). Every level, rating, and probability traces to a computed indicator — no commentary is hand-written or fixed per symbol. Recomputed on each page load from the latest scrape.