CDNS
Moving with the market
- CDNS +0.18% on the last session vs SPY +0.74%: −0.6 pts of stock-specific move.
- Aftermath, rsi overbought (Oct 1): After its 16 overbought readings in the past 5 years, CDNS typically lost 0.8% over the next week (median) and was higher only 38% of the time; half the outcomes fell between -2.1% and +2.3%. An ordinary week: +0.1%. Among S&P 500 stocks after overbought readings, that ranks #455 of 501.
- 1 insider or congressional trade in the past 30 days.
- Market backdrop (Fri): Average Hourly Earnings m/m 0.1% vs 0.3% expected (cooler); Non-Farm Employment Change 29K vs 89K expected (weaker); S&P futures +0.41%, 10-year yield -5bp in the 30 minutes after.
After each kind of event
| Event | Events | 1 day | 1 week | 1 month | 1 quarter |
|---|---|---|---|---|---|
| Any day | 1,255 | +0.1%#270 H | +0.1%#355 H | +1.4%#145 H | +3.7%#174 M |
| Big drop (-2.5% or worse) | 63 | 0.0%#388 H | +0.1%#316 H | +3.7%#24 H | +8.9%#78 M |
| Big gain Oct 1 (+2.6% or better) | 61 | +0.5%#79 H | +0.7%#197 H | 0.0%#312 H | +5.5%#151 M |
| Earnings beat | 20 | -0.8%#372 H | -0.6%#428 H | +2.2%#168 H | +2.2%#257 M |
| Earnings miss | — | — | — | — | — |
| 52-week high | 14 | +0.5%#110 M | -2.0%#426 M | +0.9%#228 M | +4.6%#137 M |
| 52-week low | 2 | +0.1%– | +4.1%– | +19.2%– | +29.9%– |
| Crossed above 200-day avg | 10 | -0.6%#357 M | -0.4%#300 M | +3.1%#124 M | +3.1%#249 L |
| Crossed below 200-day avg | 10 | +0.8%#157 M | -0.2%#268 M | +2.5%#177 M | +4.1%#228 L |
| RSI oversold | 10 | +0.5%#54 M | -0.5%#324 M | +3.0%#113 M | +8.1%#174 L |
| RSI overbought Oct 1 | 17 | +0.2%#178 M | -0.8%#455 M | +0.6%#241 M | -2.2%#373 M |
| Reddit spike | — | — | — | — | — |
| Analyst upgrade | — | — | — | — | — |
| Analyst downgrade | — | — | — | — | — |
| Insider buy | — | — | — | — | — |
| Insider unplanned sale | — | — | — | — | — |
Median gain from the close of the session the event was known, over each holding period; #rank among the S&P 500 stocks after the same kind of event (#1 = best). "Big" is CDNS's own: its worst / best 10% of days over the prior 2 years. Highlighted: happening in the latest session.
RSI oversold
The 14-day RSI falls below 30.
| Holding | Events | Median (likely range) | Confidence | Rank | Up | vs SPY | Range of outcomes (worst · 25–75% · median · best) | vs S&P 500 stocks (their medians) |
|---|---|---|---|---|---|---|---|---|
| 1 day | 10 | +0.47% (-0.1 to +1.1) | Medium | #54 of 496 | 60% | +0.78% |
-2%
+5%
|
|
| 1 week | 10 | -0.51% (-3.6 to +0.8) | Medium | #324 of 496 | 50% | -1.97% |
-7%
+11%
|
|
| 1 month | 9 ≈8 indep. | +2.95% (-0.2 to +3.9) | Medium | #113 of 495 | 67% | -2.69% |
-5%
+12%
|
|
| 1 quarter | 8 ≈7 indep. | +8.12% (+1.4 to +14.3) | Low | #174 of 493 | 75% | +3.15% |
-5%
+32%
|
Range of outcomes: all of CDNS's oversold readings in the past 5 years, from the worst to the best result over each holding period; the box holds the middle half, the tick is the median. A wide box means the median alone says little. Hover the median for the average.
RSI oversold by trend
| When it happened | Events | 1 day | 1 week | 1 month | 1 quarter |
|---|---|---|---|---|---|
| Long trendAbove its 200-day avg now | 2 | +0.8%– vs 0.0% | -0.2%– vs -0.1% | +1.2%– vs +0.7% | +2.4%– vs +1.0% |
| Below its 200-day avg | 7 | +0.8%L vs +0.1% | +0.1%L vs +0.6% | +3.2%L vs +4.3% | +14.0%L vs +17.5% |
| Medium trendAbove its 50-day avg now | — | — | — | — | — |
| Below its 50-day avg | 10 | +0.5%M vs +0.1% | -0.5%M vs +0.1% | +3.0%M vs +2.7% | +8.1%L vs +10.5% |
| Short trendAbove its 20-day avg now | — | — | — | — | — |
| Below its 20-day avg | 10 | +0.5%M vs +0.1% | -0.5%M vs +0.4% | +3.0%M vs +2.4% | +8.1%L vs +7.4% |
The same event split by where CDNS stood against its 200-, 50- and 20-day averages when it happened (a dip in an uptrend vs a falling knife); "vs" is the plain any-day median in that trend; "now" marks where it stands today. Splitting halves the evidence, so watch the confidence letters: H / M / L.
Latest oversold readings
| Event | Entry | 1 day | 1 week | 1 month | 1 quarter | |
|---|---|---|---|---|---|---|
| Sep 8, 2026 | Sep 8 @ $284.11 | RSI 28.3, -2.9% on the day | +0.2% | -3.6% | … | … |
| Jul 17, 2026 | Jul 17 @ $330.11 | RSI 28.6, -9.5% on the day | -0.1% | -1.2% | -2.0% | … |
| Feb 3, 2026 | Feb 3 @ $268.50 | RSI 25.6, -7.2% on the day | +1.1% | +11.4% | +11.7% | +31.7% |
| Nov 18, 2025 | Nov 18 @ $303.21 | RSI 28.2, -2.6% on the day | +1.2% | +0.1% | +3.9% | -2.3% |
| Feb 21, 2025 | Feb 21 @ $258.34 | RSI 28.7, -4.4% on the day | -2.1% | -3.0% | +3.4% | +22.6% |
| Aug 5, 2024 | Aug 5 @ $246.84 | RSI 29.2, -1.1% on the day | +5.2% | +8.0% | +3.0% | +14.3% |
| Jul 18, 2024 | Jul 18 @ $277.83 | RSI 28.9, -3.6% on the day | +0.8% | -7.0% | +1.1% | -5.4% |
| Apr 19, 2024 | Apr 19 @ $280.25 | RSI 29.9, -2.0% on the day | +1.7% | +0.8% | +4.4% | +2.4% |
| Oct 11, 2022 | Oct 11 @ $148.04 | RSI 28.0, -4.3% on the day | 0.0% | +5.1% | -0.2% | +13.8% |
| Jan 18, 2022 | Jan 18 @ $153.53 | RSI 28.0, -5.1% on the day | -0.2% | -7.3% | -5.0% | +1.4% |
Aftermath: entry is the close of the first session the event was fully known (the same session for price moves, the reaction session for earnings, the next session for Reddit, analyst and insider events, which are dated by day). Repeats within a few sessions count as one event. Past performance after an event says nothing certain about the next one. Not advice.