Is CDNS Worth Buying in 2026?

Cadence Design Systems

STOCK SERVICES-PREPACKAGED SOFTWARE Updated 2026-07-26

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.

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Bearish

Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); RSI 27 — oversold. Currently 21.7% off its 52-week high. Score: -4/7.

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CDNS is trading below its 200-day MA ($327.70) — a key warning sign the longer-term trend is under pressure. An RSI of 27.2 has dropped into oversold territory, which has historically preceded short-term bounces. The 1-year return of +0.5% compares to +16.5% for SPY (trailed the market by 16.0%). The current 21.7% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.

$10,000 invested 1 year ago → $10,049 today
vs. S&P 500 (SPY) — same period trailed market by 16.0%

1-Year Price Chart

Daily candles
MA-50 MA-200 Up Down

Signal Check

Above 200-day MA ($327.70)
Above 50-day MA ($372.32)
!RSI(14) neutral zone (30–70) — currently 27.2
Positive return (+0.5%)
!Within 10% of period high (−21.7%)
Period Range $326.24
$262.75 $416.69
RSI (14) 27.2
0 · OversoldOverbought · 100

Key Metrics

Price$326.24
Period Return+0.5%
Period High$416.69
Period Low$262.75
Drawdown−21.7%
MA-50$372.32
MA-200$327.70
RSI (14)27.2
Avg Volume (30d)2.3M
vs. SPYtrailed by 16.0%
Return Rank#520 of 999

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