US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

1 dayBearish64%
Daily Downside probability 64%Bearish

CDNS 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Recover $382.42 and stabilize above resistance $416.68.

Invalidation Trigger

Break above $416.68 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 50.5, MACD -3.411

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $16.06 (4.24%)

Daily

EMA Structure

Bullish
EMA 8$386.56Bearish
EMA 21$382.42Bearish
EMA 50$361.6Bullish

Signals

CategoryReadStrength
Momentum
RSI 50.5 · MACD -3.411

Neutral zone

Strength
Bearish
Volatility
ATR $16.06 · BB 13.30%

Medium volatility

Strength
Range
Volume
MFI 42.8 · OBV -136.42%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$332.26 - $416.68

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+14.17% · 3.3 ATR above latest close

$432.74
Nearest resistance

+9.93% · 2.3 ATR above · 34-bar high

$416.68
Current price

Price shown is delayed

$379.05
Nearest support

-12.35% · 2.9 ATR below · 34-bar low

$332.26
Deeper support zone

-16.58% · 3.9 ATR below latest close

$316.19
ATR zone

Latest close ± ATR14

$362.99 - $395.11

Indicators

Trend

Dow Theory Structure

Confirmation $403.24, invalidation $376.29

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

Trend strength is active

31.2 / 12.5 / 20.9Bearish
Supertrend (10,3)

Price is above Supertrend

$340.53Bullish
Ichimoku Cloud

Cloud Span A / Span B

$382.12 / $340.04Bearish
Donchian Channel (20)

20-period breakout channel position

24%Range

Volatility

ATR (14)

Medium volatility

$16.06 (4.24%)Range
Bollinger Bands (20,2)

Width 13.30%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$410.53 / $355.62Range
ATR channel lower / upper

Current Volatility Envelope

$362.99 / $395.11Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.68Range
Support

Nearest Downside Decision Level

$332.26Range

Momentum

RSI (14)

Neutral zone

50.5Range
MACD (12,26,9)

Histogram is negative

-3.411Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.9 / 26.1Bearish
Williams %R (14)

Oversold zone

-87.1Bullish
CCI (20)

Balanced zone

-69.5Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.8Bearish
OBV slope

20-period OBV slope

-136.42%Bearish
Volume ratio

Relative to 20-period average volume

0.57xBearish

Trend

Dow Theory Structure

Confirmation $403.24, invalidation $376.29

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

Trend strength is active

31.2 / 12.5 / 20.9Bearish
Supertrend (10,3)

Price is above Supertrend

$340.53Bullish
Ichimoku Cloud

Cloud Span A / Span B

$382.12 / $340.04Bearish
Donchian Channel (20)

20-period breakout channel position

24%Range

Momentum

RSI (14)

Neutral zone

50.5Range
MACD (12,26,9)

Histogram is negative

-3.411Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.9 / 26.1Bearish
Williams %R (14)

Oversold zone

-87.1Bullish
CCI (20)

Balanced zone

-69.5Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Medium volatility

$16.06 (4.24%)Range
Bollinger Bands (20,2)

Width 13.30%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$410.53 / $355.62Range
ATR channel lower / upper

Current Volatility Envelope

$362.99 / $395.11Range

Volume / Money Flow

MFI (14)

Money flow is weak

42.8Bearish
OBV slope

20-period OBV slope

-136.42%Bearish
Volume ratio

Relative to 20-period average volume

0.57xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.68Range
Support

Nearest Downside Decision Level

$332.26Range

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