US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

1 dayBearish84%
Daily Downside probability 84%Bearish

CDNS 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $310.35 and stabilize above resistance $355.59.

Invalidation Trigger

Break above $355.59 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 33.4, MACD -2.698

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $11.92 (4.12%)

Daily

EMA Structure

Bearish
EMA 8$295.63Bearish
EMA 21$310.35Bearish
EMA 50$327.34Bearish

Signals

CategoryReadStrength
Momentum
RSI 33.4 · MACD -2.698

Momentum is weak

Strength
Bearish
Volatility
ATR $11.92 · BB 24.65%

Medium volatility

Strength
Range
Volume
MFI 46.0 · OBV -139.31%

Relative to 20-period average volume

Strength
Range
Price Levels
$281.65 - $355.59

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+27% · 6.6 ATR above latest close

$367.51
Nearest resistance

+22.88% · 5.6 ATR above · 34-bar high

$355.59
Current price

Price shown is delayed

$289.37
Nearest support

-2.67% · 0.6 ATR below · 34-bar low

$281.65
Deeper support zone

-6.79% · 1.6 ATR below latest close

$269.73
ATR zone

Latest close ± ATR14

$277.45 - $301.29

Indicators

Trend

Dow Theory Structure

Confirmation $347.72, invalidation $281.65

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

19.6 / 21.9 / 34.9Bearish
Supertrend (10,3)

Price is above Supertrend

$256.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$311.07 / $336.33Bearish
Donchian Channel (20)

20-period breakout channel position

12%Bearish

Volatility

ATR (14)

Medium volatility

$11.92 (4.12%)Range
Bollinger Bands (20,2)

Width 24.65%

19%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$331.28 / $287.67Range
ATR channel lower / upper

Current Volatility Envelope

$277.45 / $301.29Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$355.59Range
Support

Nearest Downside Decision Level

$281.65Range

Momentum

RSI (14)

Momentum is weak

33.4Bearish
MACD (12,26,9)

Histogram is negative

-2.698Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

11.7 / 9.8Bullish
Williams %R (14)

Oversold zone

-88.3Bullish
CCI (20)

Weak expansion

-103.3Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.0Range
OBV slope

20-period OBV slope

-139.31%Bearish
Volume ratio

Relative to 20-period average volume

1.45xBullish

Trend

Dow Theory Structure

Confirmation $347.72, invalidation $281.65

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

19.6 / 21.9 / 34.9Bearish
Supertrend (10,3)

Price is above Supertrend

$256.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$311.07 / $336.33Bearish
Donchian Channel (20)

20-period breakout channel position

12%Bearish

Momentum

RSI (14)

Momentum is weak

33.4Bearish
MACD (12,26,9)

Histogram is negative

-2.698Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

11.7 / 9.8Bullish
Williams %R (14)

Oversold zone

-88.3Bullish
CCI (20)

Weak expansion

-103.3Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volatility

ATR (14)

Medium volatility

$11.92 (4.12%)Range
Bollinger Bands (20,2)

Width 24.65%

19%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$331.28 / $287.67Range
ATR channel lower / upper

Current Volatility Envelope

$277.45 / $301.29Range

Volume / Money Flow

MFI (14)

Money flow is neutral

46.0Range
OBV slope

20-period OBV slope

-139.31%Bearish
Volume ratio

Relative to 20-period average volume

1.45xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$355.59Range
Support

Nearest Downside Decision Level

$281.65Range

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