Is Cadence Design Systems, Inc. technically bullish or bearish?

As of 11 September 2025, the technical trend for Cadence Design Systems, Inc. has changed from mildly bullish to bullish. The weekly MACD and Bollinger Bands are both bullish, supporting the positive trend. However, the weekly RSI is bearish, indicating some short-term weakness. The daily moving averages are bullish, reinforcing the overall positive stance. The Dow Theory shows a mildly bullish signal on the weekly and bullish on the monthly, while the KST is bullish weekly but mildly bearish monthly. In terms of performance, Cadence has outperformed the S&P 500 across multiple periods, with a year-to-date return of 21.44% compared to the S&P 500's 12.22%, and a one-year return of 35.30% versus 17.14%. Overall, the current technical stance is bullish, with a strong emphasis on the bullish indicators from MACD and Bollinger Bands.