The best indicator for Cadence Design Systems (CDNS)
We backtested 382 indicators across daily, weekly and hourly charts on real Cadence Design Systems (CDNS) history. Here's what actually worked — risk-adjusted over the full backtest, with costs, and checked out-of-sample.
Where Cadence Design Systems (CDNS) stands
Computed from our own daily OHLCV history, not quoted from a third party. Moving averages use closing prices; "52-week" is the last 252 trading sessions.
Cutler's RSI
On the weekly chart, this is the strongest risk-adjusted edge we found for Cadence Design Systems (CDNS) over ~39.5 years — beating buy-and-hold by 0.4% CAGR.
Cadence Design Systems (CDNS) on the weekly chart
The timeframe our backtest found best for this asset. The chart is live market data; the results above are hypothetical and historical.
Chart by TradingView. Loading it contacts tradingview.com, which may set its own cookies — see our privacy policy.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Cadence Design Systems (CDNS) — trailing buy-and-hold by 3.8% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | Cutler's RSI ✓ | Weekly | 14.3% | 0.6 | -48.6% | 53.3% | 105 | 0.4% |
| 2 | ROC (14) ✓ | Weekly | 14.3% | 0.6 | -48.6% | 53.3% | 105 | 0.4% |
| 3 | CMO (14) ✓ | Weekly | 14.3% | 0.6 | -48.6% | 53.3% | 105 | 0.4% |
| 4 | Aroon ✓ | Weekly | 13.8% | 0.59 | -56.3% | 49.2% | 59 | -0.1% |
| 5 | Aroon Oscillator ✓ | Weekly | 13.8% | 0.59 | -56.3% | 49.2% | 59 | -0.1% |
| 6 | Heikin-Ashi + EMA ✓ | Weekly | 13.7% | 0.59 | -66.5% | 54.7% | 86 | -0.2% |
| 7 | CCI (100) ✓ | Daily | 13.3% | 0.57 | -51.8% | 41.3% | 172 | -0.6% |
| 8 | CCI Trend ✓ | Weekly | 12.6% | 0.56 | -58.6% | 51.8% | 85 | -1.3% |
| 9 | McGinley Dynamic ✓ | Weekly | 15.7% | 0.56 | -75.0% | 55.0% | 40 | 1.7% |
| 10 | Bollinger %B ✓ | Weekly | 12.7% | 0.56 | -49.7% | 52.0% | 102 | -1.2% |
| 11 | Vortex ✓ | Weekly | 12.4% | 0.54 | -52.0% | 48.8% | 86 | -1.6% |
| 12 | VWAP Trend ✓ | Weekly | 12.0% | 0.54 | -52.7% | 54.3% | 105 | -2.0% |
| 13 | DeMarker ✓ | Weekly | 11.5% | 0.54 | -80.5% | 83.9% | 31 | -2.5% |
| 14 | Chaikin Money Flow ✓ | Weekly | 13.4% | 0.54 | -73.6% | 56.2% | 64 | -0.6% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on Cadence Design Systems (CDNS)
0 of 689 tested setups beat buy-and-hold on Cadence Design Systems (CDNS) outright. Another 257 could get there with leverage they would survive — but 389 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| QQE | — | 1.11× | 3.16× |
| KAMA 100 Trend | — | 1.84× | 2.71× |
| Sine-Weighted MA | — | 1.92× | 2.61× |
| Trend Regularity Adaptive MA | — | 1.94× | 2.98× |
| Guppy Multiple MA | — | 2.03× | 2.84× |
| Chande-Kroll Stop (fast) | — | 2.03× | 2.37× |
Out-of-sample, costs included. A setup is only listed if the leverage it needs is less than the leverage its own worst drawdown survives — when it isn't, no amount of leverage gets there. Volatility drag isn't modelled, so these are the optimistic case. Every indicator, ranked this way
For Cadence Design Systems (CDNS), Cutler's RSI on the weekly timeframe gave the best balance of return and risk in our test. It beat buy-and-hold — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
More stock
Get alerted when Cadence Design Systems’s signal flips
We track Cadence Design Systems daily. Its backtested best indicator, Cutler's RSI (Weekly), is flat right now — we'll email you the moment that changes. Free, no spam, unsubscribe any time.