Cadence Design Systems(CDNS) · US
Sector: XLK | Last updated: 28 Aug 2026
Cadence Design Systems (CDNS) is showing Strong Bullish momentum today, with an Altra Score of 87.9 on AltraOne's multi-timeframe (MTF) momentum analysis. The stock is part of the XLK sector, where it ranks 62 by relative strength in a currently bearish RS regime (Relative Strength: 183.31). Recent EMA crossover activity: EMA 8 above EMA 20; Close below EMA 50; Close above 8W EMA; Close above 30W EMA. CDNS closed at 340.39 on 28 Aug 2026 (-2.03% for the day), based on end-of-day (EOD) price data rather than a live quote.
Price
Stock Relative Strength
Latest EMA CrossOvers
CDNS's Daily RSI(14) is 54.0 (down 5.3 from prior), Weekly RSI is 50.6 (up 6.7 from prior), and Monthly RSI is 58.1 (up 0.1 from prior). Price is currently trading above its Daily EMA 8, Daily EMA 20, Daily EMA 200, Weekly EMA 8, Weekly EMA 30, but below its Daily EMA 50.
Multi-Timeframe RSI (14)
| Timeframe | RSI | Prev | Change |
|---|---|---|---|
| Daily | 54.0 | 59.2 | ▼ 5.3 |
| Weekly | 50.6 | 44.0 | ▲ 6.7 |
| Monthly | 58.1 | 58.0 | ▲ 0.1 |
Stock Price and EMA Placement
History
TradingView ↗The current active signal for CDNS is Bearish, triggered on 24 Aug 2026 at a price of 315.92. Since then, the stock has declined 7.75%.
These are long-term momentum shifts, not buy/sell recommendations.