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

Oct 05 2025 11:44 AM IST
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As of October 3, 2025, Cadence Design Systems, Inc. has a mildly bullish trend, supported by daily indicators, but caution is advised due to bearish weekly signals, despite a strong year-to-date performance of 30.66% compared to the S&P 500's 17.82%.
As of 3 October 2025, the technical trend for Cadence Design Systems, Inc. has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by daily moving averages and Bollinger Bands indicating mild bullishness. However, the weekly MACD and KST are mildly bearish, and the weekly RSI is bearish, suggesting some caution. The stock has outperformed the S&P 500 over the year with a return of 30.66% compared to 17.82%, and it has also shown strong performance over 3 and 5 years.
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