Cadence Design Systems(CDNS)

Cadence Design Systems (CDNS) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for CDNS · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$337.01last close · Jul 22, 202652-week range $262.75 – $416.69 · 19.12% below the high

Symmetrical Triangle · playing out now

CDNS is breaking down from a symmetrical triangle — a sign the recent run may be rolling over.

On this chart, setups like it have followed through about 55% of the time.

As long as price stays below $391.0, it's in play — a daily close back above there calls it off.

The move's natural target sits near $300.0.

CDNS Triangle Pattern

CDNS is currently forming a triangle on the daily timeframe. Detected Jul 22, 2026.

DirectionBearishTarget$300.00Projected move−21.0%Breakout level$371.79

New to this pattern? What a triangle is and how to trade it →

How Triangles Have Performed

Win rate

53.5%

Avg return

+0.37R

Backtested trades

17,276

CDNS win rate

51.3%

Historical pattern statistics (1986-12-19 – 2026-07-16), not a prediction.

How these backtests work →

CDNS Pattern Trade History

Every completed pattern trade our nightly backtest found on CDNS's daily chart, newest first — wins and losses alike.

Pattern	Entry	Exit	Outcome	Result
Falling Wedge	Apr 14, 2026 @ $293.31	May 14, 2026 @ $352.84	Win	+11.0% · +1.99R
Triangle	Mar 24, 2026 @ $285.63	Apr 20, 2026 @ $318.50	Loss	+18.1% · -1.28R
Triangle	Mar 2, 2026 @ $300.93	Mar 27, 2026 @ $271.77	Loss	+20.4% · -1.23R
Falling Wedge	Nov 14, 2025 @ $311.85	Feb 3, 2026 @ $267.40	Win	+14.2% · +0.97R
Bullish Pennant	Jun 12, 2025 @ $308.13	Aug 7, 2025 @ $354.33	Win	+16.9% · +2.51R
Rising Wedge	May 20, 2025 @ $316.96	May 27, 2025 @ $323.08	Loss	+21.2% · -1.17R
Bullish Pennant	Jan 6, 2025 @ $306.46	Feb 19, 2025 @ $274.04	Loss	+10.3% · -1.86R
Rising Wedge	Dec 18, 2024 @ $304.20	Jan 22, 2025 @ $321.49	Loss	+7.2% · -1.33R
Rising Wedge	Dec 5, 2024 @ $313.40	Feb 19, 2025 @ $272.09	Win	+17.3% · +3.23R
Triangle	Oct 22, 2024 @ $252.00	Oct 30, 2024 @ $290.00	Loss	+16.7% · -1.15R
Triangle	Oct 16, 2024 @ $267.12	Oct 30, 2024 @ $290.00	Loss	+15.6% · -1.28R
Triangle	Apr 11, 2024 @ $303.99	Apr 18, 2024 @ $283.17	Win	+7.7% · +1.59R

Triangle Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Open TDG’s live chart →

XLEEnergy Select Sector SPDR

Losing trade · −4.7%

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Closed Jul 22, 2026

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AONAon

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Closed Jul 21, 2026

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Learn about triangle

CDNS Support and Resistance Levels

Price is bouncing off a floor near $320.85 and starting to climb. On the weekly chart, the next ceiling overhead sits near $513.31 — about 52% away.

Traders commonly watch $513.31 as a target (its 200% extension) — think of it as a sensible next stop, not a guarantee.
That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
There's nothing to act on here — the spot to watch was the $320.85 floor about a week ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

CDNS Recent Daily Prices

Date	Open	High	Low	Close
Jul 22, 2026	$339.06	$346.33	$334.59	$337.01
Jul 21, 2026	$328.36	$347.13	$328.36	$344.64
Jul 20, 2026	$333.02	$339.11	$328.75	$329.93
Jul 17, 2026	$334.56	$342.29	$320.07	$330.11
Jul 16, 2026	$366.01	$369.13	$358.74	$364.65
Jul 15, 2026	$383.36	$385.30	$369.05	$371.50
Jul 14, 2026	$370.95	$383.00	$370.88	$376.80
Jul 13, 2026	$390.64	$391.00	$375.12	$377.92
Jul 10, 2026	$387.93	$389.49	$380.21	$384.17
Jul 9, 2026	$370.14	$386.34	$368.34	$385.95

CDNS Frequently Asked Questions

What chart pattern is CDNS forming right now?

As of Jul 22, 2026, TradingPal's detector identifies a triangle on Cadence Design Systems (CDNS) on the daily chart, with a measured-move target of $300.00.

Is a triangle bullish or bearish?

The triangle detected on CDNS is a bearish pattern, projecting a measured-move target of $300.00. See its full backtested track record above — that's the real edge, not the textbook label.

How reliable is a triangle pattern, and what is its win rate?

Across TradingPal's backtest of the triangle family (17,276 trades over 628 symbols), it resolved in the expected direction 53.5% of the time with an average of +0.37R. These are historical statistics, not a prediction.

What is the price target if CDNS's pattern breaks out?

The detected triangle has a geometry-based measured-move target of $300.00 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was CDNS's closing price on Jul 22, 2026?

Cadence Design Systems (CDNS) last closed at $337.01 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.