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NR7 appears for CDNS after 1.74% move

Cadence Design Systems, Inc. (CDNS) — SwingTradeBot Technical Analysis Report · Jun 24, 2026, 17:32 ET
CDNS finished lower by 1.74% on Wednesday, June 24th, trading 0.5 times its typical volume. consolidation patterns formed: NR7, suggesting a potential continuation after price stabilization. Key support levels exist at 369.5, 366.53 & 361.47, with resistance at 377.53, 382.59 & 385.56. Slow Stochastic readings suggest the stock is currently oversold.

Current SwingTradeBot Technical Rating of CDNS: A

This might just be the start. See what else showed up for CDNS today.

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Cadence Design Systems, Inc. (CDNS)