Cadence Design SystemsCDNS
Auto-detected technical analysis for CDNS · data as of Sep 2, 2026. The chart above is live; the read below updates daily.
CDNS is currently forming a falling wedge on the daily timeframe. Detected Sep 2, 2026.
A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $317.29 (+11.0%).
New to this pattern? What a falling wedge is and how to trade it →
CDNS's most recent completed falling wedge resolved as a loss: it broke higher on Aug 25, 2026 near $324.53, then was stopped out at $307.64 on Sep 3, 2026 — a 5.2% move (-1.29R) over 7 sessions. Across 137,198 backtested falling wedges, this setup wins 42.2% of the time.
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 | Aug 25, 2026 @ $324.53 | Sep 3, 2026 @ $307.64 | Loss | +12.1% · -1.29R |
| Falling wedge | Jul 17, 2026 @ $334.56 | Aug 19, 2026 @ $315.06 | Win | +7.5% · +0.37R |
| Falling wedge | Apr 8, 2026 @ $289.98 | Apr 13, 2026 @ $266.06 | Loss | +3.6% · -1.49R |
| Triangle | Mar 24, 2026 @ $283.74 | Apr 15, 2026 @ $300.94 | Loss | +15.7% · -1.00R |
| Triangle | Mar 13, 2026 @ $283.85 | Apr 16, 2026 @ $311.24 | Loss | +15.9% · -1.00R |
| Triangle | Jan 29, 2026 @ $298.22 | Feb 3, 2026 @ $276.87 | Win | +7.2% · +0.79R |
| Triangle | Jan 29, 2026 @ $300.16 | Apr 21, 2026 @ $325.19 | Loss | +14.1% · -1.00R |
| Triangle | Dec 30, 2025 @ $316.22 | Jan 7, 2026 @ $321.68 | Loss | +14.4% · -1.00R |
| Triangle | Nov 11, 2025 @ $319.70 | Feb 2, 2026 @ $293.15 | Win | +8.3% · +0.70R |
| Triangle | Oct 10, 2025 @ $336.38 | Oct 27, 2025 @ $357.52 | Loss | +9.9% · -1.13R |
| Falling wedge | Sep 8, 2025 @ $361.01 | Sep 11, 2025 @ $342.36 | Loss | +0.9% · -1.12R |
| Falling wedge | Aug 28, 2025 @ $348.42 | Sep 3, 2025 @ $340.88 | Loss | +3.0% · -1.42R |
Historical examples from the published simulation. This selection is not a win-rate sample.
Price found a floor near $274.83 about 5 months ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $393.47 — still about 27% away.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Sep 2, 2026 | $312.62 | $313.21 | $308.20 | $309.76 |
| Sep 1, 2026 | $331.19 | $332.84 | $311.87 | $313.04 |
| Aug 31, 2026 | $336.22 | $342.38 | $336.22 | $338.78 |
| Aug 28, 2026 | $347.43 | $347.43 | $338.10 | $340.39 |
| Aug 27, 2026 | $340.04 | $347.72 | $330.50 | $347.55 |
| Aug 26, 2026 | $328.50 | $340.31 | $327.46 | $334.68 |
| Aug 25, 2026 | $318.43 | $333.34 | $317.18 | $331.90 |
| Aug 24, 2026 | $314.50 | $317.34 | $311.43 | $315.92 |
| Aug 21, 2026 | $314.49 | $319.78 | $312.15 | $319.02 |
| Aug 20, 2026 | $315.48 | $317.50 | $311.47 | $313.59 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.