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
Positives: RSI 38 — healthy momentum range. Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-2.71% over 10 days); 3-month momentum negative (-6.5%). Currently 22.1% off its 52-week high. Score: -4/7.
CDNS is trading below its 200-day MA ($327.60) — a key warning sign the longer-term trend is under pressure. An RSI of 37.9 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of -6.9% compares to +20.4% for SPY (trailed the market by 27.3%). The current 22.1% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.
$10,000 invested 1 year ago→ $9,309 today
vs. S&P 500 (SPY) — same period trailed market by 27.3%
1-Year Price Chart
Daily candles
MA-50MA-200UpDown
Signal Check
✗Above 200-day MA ($327.60)
✗Above 50-day MA ($361.26)
✓RSI(14) neutral zone (30–70) — currently 37.9
✗Positive return (-6.9%)
!Within 10% of period high (−22.1%)
Period Range $324.82
$262.75$416.69
RSI (14) 37.9
0 · OversoldOverbought · 100
Key Metrics
Price$324.82
Period Return-6.9%
Period High$416.69
Period Low$262.75
Drawdown−22.1%
MA-50$361.26
MA-200$327.60
RSI (14)37.9
Avg Volume (30d)2.2M
vs. SPYtrailed by 27.3%
Return Rank#765 of 1252
Trend Signals
Price is below the 200-day moving average ($327.60)
Price is below the 50-day moving average ($361.26)