CDNS
Alpha Snapshot
CDNS
Technical: WaitRS rank#258
RS score57.4
Alpha rank#544
Alpha score7.3
Market cap$90.9B
Evidence to review
- Financial comparability: Goodwill and intangible assets increased materially; review acquisition effects.
- Technical evidence: 50d and 200d breadth have material disagreement; do not collapse them into one risk-on/off read.
- Technical evidence: 20d EMA breadth is early risk-off: 23% above 20d EMA and 71% have two consecutive closes below it.
TechnicalRS Rank
SMA200 gap-down reclaim
Setup age (calendar days)2
Setup-day close to low2.8%
Technical evidence as of2026-09-30
The close-to-low distance is measured on the setup day, not at the current price.
RS score57.4
GroupSoftware
Group RS91.5
In group26.4
Vs market57.4
Price$330
1M-2.5%
3M-12.6%
6M18.8%
52w position43.8%
From high-20.8%
Relative volume1.1x
Volume rank81.6%
Close location65.6%
Above 21d: yesAbove 50d: yesAbove 200d: yes50d over 200d: no
Score Layers
Market8.1Neutral, Mixed
Momentum4.11M -2.5%, 3M -12.6%, 6M 18.8%
Trend7.752w 43.8%, trend 3/4
Demand12.1vol 1.1x, rank 81.6%
Closing strength9.8close 65.6%
Entry quality10.51M -2.5%, from high -20.8%
Drivers
Regime Context8.1
Rs 21d2.3
Rs 63d0.0
Rs 126d1.9
Near 52w High1.1
Trend Structure6.6
Current Demand3.8
Volume Rank 2505.7
AlphaAlpha Rank
TierWeak
Fundamental evidence as of2026-09-30
Coverage100.0%
Rankable Universe586
Category Scores
Growth46.5Neutral
Quality18.7Weak
Valuation9.1Weak