US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

1 dayBullish87%
Daily Upside probability 87%Bullish

CDNS 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $273.07 and reclaim $357.95.

Invalidation Trigger

Lose $273.07 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 69.6, MACD 7.691

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $11.85 (3.37%)

Daily

EMA Structure

Range
EMA 8$334.91Bullish
EMA 21$319.97Bullish
EMA 50$322.68Bullish

Signals

CategoryReadStrength
Momentum
RSI 69.6 · MACD 7.691

Momentum is strong

Strength
Bullish
Volatility
ATR $11.85 · BB 33.41%

Medium volatility

Strength
Range
Volume
MFI 92.5 · OBV 437.78%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$273.07 - $357.95

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+5.25% · 1.6 ATR above latest close

$369.8
Nearest resistance

+1.88% · 0.6 ATR above · 34-bar high

$357.95
Current price

Price shown is delayed

$351.35
Nearest support

-22.28% · 6.6 ATR below · 34-bar low

$273.07
Deeper support zone

-25.65% · 7.6 ATR below latest close

$261.22
ATR zone

Latest close ± ATR14

$339.5 - $363.2

Indicators

Trend

Dow Theory Structure

Confirmation $330.81, invalidation $314

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

50.6 / 51.9 / 6.5Bullish
Supertrend (10,3)

Price is above Supertrend

$306.54Bullish
Ichimoku Cloud

Cloud Span A / Span B

$323.54 / $315.51Bullish
Donchian Channel (20)

20-period breakout channel position

92%Bullish

Volatility

ATR (14)

Medium volatility

$11.85 (3.37%)Range
Bollinger Bands (20,2)

Width 33.41%

94%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$348.76 / $291.97Range
ATR channel lower / upper

Current Volatility Envelope

$339.5 / $363.2Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$357.95Range
Support

Nearest Downside Decision Level

$273.07Range

Momentum

RSI (14)

Momentum is strong

69.6Bullish
MACD (12,26,9)

Histogram is positive

7.691Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

92.1 / 93.1Bearish
Williams %R (14)

Overbought zone

-7.9Bearish
CCI (20)

Strong expansion

133.2Bullish
TD Sequential

Exhaustion setup is near completion

sell 12Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

92.5Bullish
OBV slope

20-period OBV slope

437.78%Bullish
Volume ratio

Relative to 20-period average volume

0.99xRange

Trend

Dow Theory Structure

Confirmation $330.81, invalidation $314

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

50.6 / 51.9 / 6.5Bullish
Supertrend (10,3)

Price is above Supertrend

$306.54Bullish
Ichimoku Cloud

Cloud Span A / Span B

$323.54 / $315.51Bullish
Donchian Channel (20)

20-period breakout channel position

92%Bullish

Momentum

RSI (14)

Momentum is strong

69.6Bullish
MACD (12,26,9)

Histogram is positive

7.691Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

92.1 / 93.1Bearish
Williams %R (14)

Overbought zone

-7.9Bearish
CCI (20)

Strong expansion

133.2Bullish
TD Sequential

Exhaustion setup is near completion

sell 12Bearish

Volatility

ATR (14)

Medium volatility

$11.85 (3.37%)Range
Bollinger Bands (20,2)

Width 33.41%

94%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$348.76 / $291.97Range
ATR channel lower / upper

Current Volatility Envelope

$339.5 / $363.2Range

Volume / Money Flow

MFI (14)

Money flow is strong

92.5Bullish
OBV slope

20-period OBV slope

437.78%Bullish
Volume ratio

Relative to 20-period average volume

0.99xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$357.95Range
Support

Nearest Downside Decision Level

$273.07Range

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