US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

12 hoursBullish91%
12h Upside probability 91%Bullish

CDNS 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $273.56 and reclaim $357.95.

Invalidation Trigger

Lose $273.56 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 73.3, MACD 3.745

12h
Volatility EnvironmentRange
Medium volatility

ATR is $9.12 (2.59%)

12h

EMA Structure

Bullish
EMA 8$339.91Bullish
EMA 21$324.01Bullish
EMA 50$315.97Bullish

Signals

CategoryReadStrength
Momentum
RSI 73.3 · MACD 3.745

Momentum is strong

Strength
Bullish
Volatility
ATR $9.12 · BB 23.51%

Medium volatility

Strength
Range
Volume
MFI 72.7 · OBV 100.85%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$273.56 - $357.95

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+4.42% · 1.7 ATR above latest close

$367.07
Nearest resistance

+1.82% · 0.7 ATR above · 34-bar high

$357.95
Current price

Price shown is delayed

$351.55
Nearest support

-22.18% · 8.5 ATR below · 34-bar low

$273.56
Deeper support zone

-24.78% · 9.5 ATR below latest close

$264.44
ATR zone

Latest close ± ATR14

$342.43 - $360.67

Indicators

Trend

Dow Theory Structure

Confirmation $329.5, invalidation $316.77

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

Trend strength is active

83.1 / 45.9 / 10.5Bullish
Supertrend (10,3)

Price is above Supertrend

$323.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$326.71 / $315.76Bullish
Donchian Channel (20)

20-period breakout channel position

91%Bullish

Volatility

ATR (14)

Medium volatility

$9.12 (2.59%)Range
Bollinger Bands (20,2)

Width 23.51%

91%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$343.29 / $306.36Range
ATR channel lower / upper

Current Volatility Envelope

$342.43 / $360.67Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$357.95Range
Support

Nearest Downside Decision Level

$273.56Range

Momentum

RSI (14)

Momentum is strong

73.3Bullish
MACD (12,26,9)

Histogram is positive

3.745Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

87.9 / 93.5Bearish
Williams %R (14)

Overbought zone

-12.1Bearish
CCI (20)

Strong expansion

143.0Bullish
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

72.7Bullish
OBV slope

20-period OBV slope

100.85%Bullish
Volume ratio

Relative to 20-period average volume

1.65xBullish

Trend

Dow Theory Structure

Confirmation $329.5, invalidation $316.77

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

Trend strength is active

83.1 / 45.9 / 10.5Bullish
Supertrend (10,3)

Price is above Supertrend

$323.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$326.71 / $315.76Bullish
Donchian Channel (20)

20-period breakout channel position

91%Bullish

Momentum

RSI (14)

Momentum is strong

73.3Bullish
MACD (12,26,9)

Histogram is positive

3.745Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

87.9 / 93.5Bearish
Williams %R (14)

Overbought zone

-12.1Bearish
CCI (20)

Strong expansion

143.0Bullish
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

Medium volatility

$9.12 (2.59%)Range
Bollinger Bands (20,2)

Width 23.51%

91%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$343.29 / $306.36Range
ATR channel lower / upper

Current Volatility Envelope

$342.43 / $360.67Range

Volume / Money Flow

MFI (14)

Money flow is strong

72.7Bullish
OBV slope

20-period OBV slope

100.85%Bullish
Volume ratio

Relative to 20-period average volume

1.65xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$357.95Range
Support

Nearest Downside Decision Level

$273.56Range

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