US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

1 dayBearish91%
Daily Downside probability 91%Bearish

CDNS 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $326.23 and stabilize above resistance $361.91.

Invalidation Trigger

Break above $361.91 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 44.9, MACD -3.869

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $10.41 (3.28%)

Daily

EMA Structure

Bearish
EMA 8$322.46Bearish
EMA 21$326.23Bearish
EMA 50$326.52Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.9 · MACD -3.869

Momentum is weak

Strength
Bearish
Volatility
ATR $10.41 · BB 18.86%

Medium volatility

Strength
Range
Volume
MFI 24.0 · OBV -4.55%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$273.07 - $361.91

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+17.46% · 5.3 ATR above latest close

$372.32
Nearest resistance

+14.17% · 4.3 ATR above · 34-bar high

$361.91
Current price

Price shown is delayed

$316.99
Nearest support

-13.86% · 4.2 ATR below · 34-bar low

$273.07
Deeper support zone

-17.14% · 5.2 ATR below latest close

$262.66
ATR zone

Latest close ± ATR14

$306.58 - $327.4

Indicators

Trend

Dow Theory Structure

Confirmation $315.91, invalidation $331.5

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

Trend strength is active

46.2 / 6.4 / 43.5Bearish
Supertrend (10,3)

Price is above Supertrend

$278.04Bullish
Ichimoku Cloud

Cloud Span A / Span B

$323.13 / $317.49Bearish
Donchian Channel (20)

20-period breakout channel position

20%Range

Volatility

ATR (14)

Medium volatility

$10.41 (3.28%)Range
Bollinger Bands (20,2)

Width 18.86%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$348.9 / $303.67Range
ATR channel lower / upper

Current Volatility Envelope

$306.58 / $327.4Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$361.91Range
Support

Nearest Downside Decision Level

$273.07Range

Momentum

RSI (14)

Momentum is weak

44.9Bearish
MACD (12,26,9)

Histogram is negative

-3.869Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.7 / 15.9Bullish
Williams %R (14)

Oversold zone

-80.3Bullish
CCI (20)

Balanced zone

-97.7Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

24.0Bearish
OBV slope

20-period OBV slope

-4.55%Bearish
Volume ratio

Relative to 20-period average volume

0.24xBearish

Trend

Dow Theory Structure

Confirmation $315.91, invalidation $331.5

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

Trend strength is active

46.2 / 6.4 / 43.5Bearish
Supertrend (10,3)

Price is above Supertrend

$278.04Bullish
Ichimoku Cloud

Cloud Span A / Span B

$323.13 / $317.49Bearish
Donchian Channel (20)

20-period breakout channel position

20%Range

Momentum

RSI (14)

Momentum is weak

44.9Bearish
MACD (12,26,9)

Histogram is negative

-3.869Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.7 / 15.9Bullish
Williams %R (14)

Oversold zone

-80.3Bullish
CCI (20)

Balanced zone

-97.7Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Medium volatility

$10.41 (3.28%)Range
Bollinger Bands (20,2)

Width 18.86%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$348.9 / $303.67Range
ATR channel lower / upper

Current Volatility Envelope

$306.58 / $327.4Range

Volume / Money Flow

MFI (14)

Money flow is weak

24.0Bearish
OBV slope

20-period OBV slope

-4.55%Bearish
Volume ratio

Relative to 20-period average volume

0.24xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$361.91Range
Support

Nearest Downside Decision Level

$273.07Range

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