US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

1 dayBearish67%
Daily Downside probability 67%Bearish

CDNS 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Recover $378.93 and stabilize above resistance $416.69.

Invalidation Trigger

Break above $416.69 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 49.5, MACD -0.267

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $12.96 (3.44%)

Daily

EMA Structure

Bullish
EMA 8$379.78Bearish
EMA 21$378.93Bearish
EMA 50$368.15Bullish

Signals

CategoryReadStrength
Momentum
RSI 49.5 · MACD -0.267

Neutral zone

Strength
Bearish
Volatility
ATR $12.96 · BB 7.99%

Medium volatility

Strength
Range
Volume
MFI 52.8 · OBV -21.46%

Relative to 20-period average volume

Strength
Range
Price Levels
$358.76 - $416.69

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+14.01% · 4.1 ATR above latest close

$429.65
Nearest resistance

+10.57% · 3.1 ATR above · 34-bar high

$416.69
Current price

Price shown is delayed

$376.86
Nearest support

-4.8% · 1.4 ATR below · 34-bar low

$358.76
Deeper support zone

-8.24% · 2.4 ATR below latest close

$345.8
ATR zone

Latest close ± ATR14

$363.9 - $389.82

Indicators

Trend

Dow Theory Structure

Confirmation $387.19, invalidation $365.63

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

Trend strength is active

22.7 / 19.3 / 27.8Bearish
Supertrend (10,3)

Price is above Supertrend

$338.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$380.6 / $366.1Bearish
Donchian Channel (20)

20-period breakout channel position

41%Bearish

Volatility

ATR (14)

Medium volatility

$12.96 (3.44%)Range
Bollinger Bands (20,2)

Width 7.99%

40%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$403.01 / $355.12Range
ATR channel lower / upper

Current Volatility Envelope

$363.9 / $389.82Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$358.76Range

Momentum

RSI (14)

Neutral zone

49.5Range
MACD (12,26,9)

Histogram is negative

-0.267Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

56.1 / 74.4Bearish
Williams %R (14)

Neutral zone

-43.9Range
CCI (20)

Balanced zone

-46.7Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.8Range
OBV slope

20-period OBV slope

-21.46%Bearish
Volume ratio

Relative to 20-period average volume

0.30xBearish

Trend

Dow Theory Structure

Confirmation $387.19, invalidation $365.63

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

Trend strength is active

22.7 / 19.3 / 27.8Bearish
Supertrend (10,3)

Price is above Supertrend

$338.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$380.6 / $366.1Bearish
Donchian Channel (20)

20-period breakout channel position

41%Bearish

Momentum

RSI (14)

Neutral zone

49.5Range
MACD (12,26,9)

Histogram is negative

-0.267Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

56.1 / 74.4Bearish
Williams %R (14)

Neutral zone

-43.9Range
CCI (20)

Balanced zone

-46.7Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Medium volatility

$12.96 (3.44%)Range
Bollinger Bands (20,2)

Width 7.99%

40%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$403.01 / $355.12Range
ATR channel lower / upper

Current Volatility Envelope

$363.9 / $389.82Range

Volume / Money Flow

MFI (14)

Money flow is neutral

52.8Range
OBV slope

20-period OBV slope

-21.46%Bearish
Volume ratio

Relative to 20-period average volume

0.30xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$358.76Range

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