US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

1 dayBearish92%
Daily Downside probability 92%Bearish

CDNS 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $330.06 and stabilize above resistance $391.

Invalidation Trigger

Break above $391 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 38.6, MACD -0.151

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $9.63 (3.02%)

Daily

EMA Structure

Bearish
EMA 8$320.9Bearish
EMA 21$330.06Bearish
EMA 50$342.31Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.6 · MACD -0.151

Momentum is weak

Strength
Bearish
Volatility
ATR $9.63 · BB 11.58%

Medium volatility

Strength
Range
Volume
MFI 14.4 · OBV -27.58%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$311.47 - $391

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+25.58% · 8.5 ATR above latest close

$400.63
Nearest resistance

+22.56% · 7.5 ATR above · 34-bar high

$391
Current price

Price shown is delayed

$319.02
Nearest support

-2.37% · 0.8 ATR below · 34-bar low

$311.47
Deeper support zone

-5.39% · 1.8 ATR below latest close

$301.84
ATR zone

Latest close ± ATR14

$309.39 - $328.65

Indicators

Trend

Dow Theory Structure

Confirmation $311.47, invalidation $333.48

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

19.7 / 13.1 / 25.9Bearish
Supertrend (10,3)

Price is above Supertrend

$286.83Bullish
Ichimoku Cloud

Cloud Span A / Span B

$328 / $357.43Bearish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Volatility

ATR (14)

Medium volatility

$9.63 (3.02%)Range
Bollinger Bands (20,2)

Width 11.58%

22%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$348.8 / $309.96Range
ATR channel lower / upper

Current Volatility Envelope

$309.39 / $328.65Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$391Range
Support

Nearest Downside Decision Level

$311.47Range

Momentum

RSI (14)

Momentum is weak

38.6Bearish
MACD (12,26,9)

Histogram is negative

-0.151Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.6 / 15.5Bullish
Williams %R (14)

Neutral zone

-79.4Range
CCI (20)

Balanced zone

-97.8Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

14.4Bearish
OBV slope

20-period OBV slope

-27.58%Bearish
Volume ratio

Relative to 20-period average volume

1.13xBullish

Trend

Dow Theory Structure

Confirmation $311.47, invalidation $333.48

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

19.7 / 13.1 / 25.9Bearish
Supertrend (10,3)

Price is above Supertrend

$286.83Bullish
Ichimoku Cloud

Cloud Span A / Span B

$328 / $357.43Bearish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Momentum

RSI (14)

Momentum is weak

38.6Bearish
MACD (12,26,9)

Histogram is negative

-0.151Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.6 / 15.5Bullish
Williams %R (14)

Neutral zone

-79.4Range
CCI (20)

Balanced zone

-97.8Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Medium volatility

$9.63 (3.02%)Range
Bollinger Bands (20,2)

Width 11.58%

22%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$348.8 / $309.96Range
ATR channel lower / upper

Current Volatility Envelope

$309.39 / $328.65Range

Volume / Money Flow

MFI (14)

Money flow is weak

14.4Bearish
OBV slope

20-period OBV slope

-27.58%Bearish
Volume ratio

Relative to 20-period average volume

1.13xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$391Range
Support

Nearest Downside Decision Level

$311.47Range

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