Here’s whether Cadence Design Systems (CDNS) is worth buying in 2026 —
based on weekly-updated price trend, RSI momentum, and return vs.
the S&P 500. Our current read: Bearish.
🔴
Bearish
Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-3.95% over 10 days); 3-month momentum negative (-14.6%). Currently 23.4% off its 52-week high. Score: -5/7.
CDNS is trading below its 200-day MA ($327.08) — a key warning sign the longer-term trend is under pressure. An RSI of 30.8 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of -8.2% compares to +20.5% for SPY (trailed the market by 28.7%). The current 23.4% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.
$10,000 invested 1 year ago→ $9,179 today
vs. S&P 500 (SPY) — same period trailed market by 28.7%
1-Year Price Chart
Daily candles
MA-50MA-200UpDown
Signal Check
✗Above 200-day MA ($327.08)
✗Above 50-day MA ($353.85)
✓RSI(14) neutral zone (30–70) — currently 30.8
✗Positive return (-8.2%)
!Within 10% of period high (−23.4%)
Period Range $319.02
$262.75$416.69
RSI (14) 30.8
0 · OversoldOverbought · 100
Key Metrics
Price$319.02
Period Return-8.2%
Period High$416.69
Period Low$262.75
Drawdown−23.4%
MA-50$353.85
MA-200$327.08
RSI (14)30.8
Avg Volume (30d)2.3M
vs. SPYtrailed by 28.7%
Return Rank#640 of 999
Trend Signals
Price is below the 200-day moving average ($327.08)
Price is below the 50-day moving average ($353.85)