US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

1 dayBearish85%
Daily Downside probability 85%Bearish

CDNS 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $347.93 and stabilize above resistance $403.38.

Invalidation Trigger

Break above $403.38 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 41.8, MACD -0.227

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $15.89 (4.71%)

Daily

EMA Structure

Bearish
EMA 8$337.96Bearish
EMA 21$347.93Bearish
EMA 50$355.05Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.8 · MACD -0.227

Momentum is weak

Strength
Bearish
Volatility
ATR $15.89 · BB 24.07%

Medium volatility

Strength
Range
Volume
MFI 35.4 · OBV -55.02%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$320.07 - $403.38

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+24.37% · 5.2 ATR above latest close

$419.27
Nearest resistance

+19.66% · 4.2 ATR above · 34-bar high

$403.38
Current price

Price shown is delayed

$337.11
Nearest support

-5.05% · 1.1 ATR below · 34-bar low

$320.07
Deeper support zone

-9.77% · 2.1 ATR below latest close

$304.18
ATR zone

Latest close ± ATR14

$321.22 - $353

Indicators

Trend

Dow Theory Structure

Confirmation $355.59, invalidation $329.59

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

Trend strength is active

32.3 / 16.4 / 28.4Bearish
Supertrend (10,3)

Price is above Supertrend

$298.85Bullish
Ichimoku Cloud

Cloud Span A / Span B

$348.16 / $368.38Bearish
Donchian Channel (20)

20-period breakout channel position

24%Bearish

Volatility

ATR (14)

Medium volatility

$15.89 (4.71%)Range
Bollinger Bands (20,2)

Width 24.07%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$374.71 / $319.77Range
ATR channel lower / upper

Current Volatility Envelope

$321.22 / $353Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$403.38Range
Support

Nearest Downside Decision Level

$320.07Range

Momentum

RSI (14)

Momentum is weak

41.8Bearish
MACD (12,26,9)

Histogram is negative

-0.227Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

34.7 / 30.0Bullish
Williams %R (14)

Neutral zone

-65.3Range
CCI (20)

Balanced zone

-44.2Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

35.4Bearish
OBV slope

20-period OBV slope

-55.02%Bearish
Volume ratio

Relative to 20-period average volume

0.03xBearish

Trend

Dow Theory Structure

Confirmation $355.59, invalidation $329.59

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

Trend strength is active

32.3 / 16.4 / 28.4Bearish
Supertrend (10,3)

Price is above Supertrend

$298.85Bullish
Ichimoku Cloud

Cloud Span A / Span B

$348.16 / $368.38Bearish
Donchian Channel (20)

20-period breakout channel position

24%Bearish

Momentum

RSI (14)

Momentum is weak

41.8Bearish
MACD (12,26,9)

Histogram is negative

-0.227Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

34.7 / 30.0Bullish
Williams %R (14)

Neutral zone

-65.3Range
CCI (20)

Balanced zone

-44.2Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Medium volatility

$15.89 (4.71%)Range
Bollinger Bands (20,2)

Width 24.07%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$374.71 / $319.77Range
ATR channel lower / upper

Current Volatility Envelope

$321.22 / $353Range

Volume / Money Flow

MFI (14)

Money flow is weak

35.4Bearish
OBV slope

20-period OBV slope

-55.02%Bearish
Volume ratio

Relative to 20-period average volume

0.03xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$403.38Range
Support

Nearest Downside Decision Level

$320.07Range

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