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CDNS forms 20 Day Moving Average Resistance on August 10

Cadence Design Systems, Inc. (CDNS) — Nightly Technical Analysis · Aug 10, 2026, 17:38 ET
CDNS finished lower by 2.14% on Monday, August 10th, trading 0.5 times its typical volume. The session formed a 20 DMA Resistance, often signaling a possible continuation. Key support levels exist at 328.28, 324.66 & 317.79, with resistance at 338.78, 345.65 & 349.28.

Current SwingTradeBot Technical Rating of CDNS: D

There’s more where that came from. See all of today’s signals for CDNS here.

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Cadence Design Systems, Inc. (CDNS)