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Technical picture remains unchanged for CDNS after it falls 1.69% on June 16

Cadence Design Systems, Inc. (CDNS) — SwingTradeBot Technical Analysis Report · Jun 16, 2026, 19:58 ET
CDNS closed down 1.69% on Tuesday, June 16th, with volume running 0.7× below average. Key support levels exist at 383.94, 380.02 & 372.86, with resistance at 395.02, 402.18 & 406.1.

Current SwingTradeBot Technical Rating of CDNS: A

Today’s move could mean more—check all the signals for CDNS on SwingTradeBot.

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Cadence Design Systems, Inc. (CDNS)