Cadence Design Systems (CDNS) Chart Patterns, Support & Resistance & Technical Analysis
Auto-detected technical analysis for CDNS · data as of Jun 25, 2026. The chart above is live; the read below updates daily.
$368.23last close · Jun 25, 2026
CDNS Falling Wedge Pattern
No chart pattern is currently detected on CDNS. The most recent was a Falling Wedge, detected Apr 13, 2026.
A Falling Wedge is a brief, tidy pause that typically continues the move higher. It projects a measured-move target near $317.29 (+11.0%). Across 13,048 backtested falling wedges, the setup followed through 53.9% of the time, averaging +0.38R; CDNS's own falling wedges have hit 77.3%.
CDNS's most recent completed Falling Wedge resolved as a win: it broke higher on Apr 14, 2026 near $292.37, then reached its target at $317.29 on Apr 17, 2026 — a +0.86R move (8.5%) over 3 sessions. Across 127 backtested falling wedges, this setup wins 58.3% of the time.
OutcomeWinResult+0.86REntry$292.37Exit$317.29
How Falling Wedges have performed
Win rate
53.9%
Avg return
+0.38R
Backtested trades
13,048
CDNS win rate
77.3%
Historical pattern statistics (1986-12-19 – 2026-06-10), not a prediction.
CDNS support and resistance levels
The weekly read is leaning lower. Price ran up into a ceiling near $411.44 about 3 weeks ago, and the rules still favor a move lower from here.
What started it: Price only had to touch that ceiling at some point during the week — it didn't need to close there.
What would call it off: Two weekly closes back above $415.55 — a touch above the $411.44 ceiling, the room the read is given before it's wrong.
Where it has room to go: There's room toward its measured target — the first price below where the move is likely to pause.
It's already come a long way in that direction.
Nearest auto-detected support sits near $262.99, resistance near $415.52. These are chart/swing-derived levels, not formula pivots.
Resistance
$415.52$440.95$451.87$507.30$538.61$1,078.49
Support
$262.99
CDNS recent daily prices
Date
Open
High
Low
Close
Jun 25, 2026
$378.49
$378.49
$363.73
$368.23
Jun 24, 2026
$375.69
$379.62
$371.59
$372.40
Jun 23, 2026
$383.17
$386.55
$377.33
$379.06
Jun 22, 2026
$392.00
$392.00
$378.20
$389.04
Jun 18, 2026
$391.10
$401.18
$385.43
$387.39
Jun 17, 2026
$388.43
$403.38
$386.46
$389.60
Jun 16, 2026
$387.19
$398.27
$387.19
$387.85
Jun 15, 2026
$391.00
$397.82
$389.33
$394.50
Jun 12, 2026
$381.22
$389.80
$375.94
$384.96
Jun 11, 2026
$382.00
$389.54
$377.21
$383.74
CDNS frequently asked questions
What chart pattern is CDNS forming right now?
No pattern is currently detected on CDNS. The most recent was a Falling Wedge, detected Apr 13, 2026.
Is a Falling Wedge bullish or bearish?
The Falling Wedge detected on CDNS is a bullish pattern, projecting a measured-move target of $317.29. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Falling Wedge pattern, and what is its win rate?
Across TradingPal's backtest of the Falling Wedge family (13,048 trades over 516 symbols), it resolved in the expected direction 53.9% of the time with an average of +0.38R. These are historical statistics, not a prediction.
What are the support and resistance levels for CDNS?
Based on auto-detected, swing-derived levels (as of Jun 25, 2026), CDNS's nearest support is around $262.99 and nearest resistance around $415.52.
What is the price target if CDNS's pattern breaks out?
The detected Falling Wedge has a geometry-based measured-move target of $317.29 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was CDNS's closing price on Jun 25, 2026?
Cadence Design Systems (CDNS) last closed at $368.23 on Jun 25, 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.
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