US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

12 hoursBearish63%
12h Downside probability 63%Bearish

CDNS 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $381.88 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

12h
Momentum StateBearish
Momentum soft

RSI 47.9, MACD -4.031

12h
Volatility EnvironmentRange
Medium volatility

ATR is $16.44 (4.4%)

12h

EMA Structure

Bullish
EMA 8$383.98Bearish
EMA 21$381.88Bearish
EMA 50$362.36Bullish

Signals

CategoryReadStrength
Momentum
RSI 47.9 · MACD -4.031

Neutral zone

Strength
Bearish
Volatility
ATR $16.44 · BB 13.77%

Medium volatility

Strength
Range
Volume
MFI 37.4 · OBV 440.37%

Relative to 20-period average volume

Strength
Range
Price Levels
$332.26 - $416.68

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+15.81% · 3.6 ATR above latest close

$433.13
Nearest resistance

+11.41% · 2.6 ATR above · 34-bar high

$416.68
Current price

Price shown is delayed

$374
Nearest support

-11.16% · 2.5 ATR below · 34-bar low

$332.26
Deeper support zone

-15.56% · 3.5 ATR below latest close

$315.81
ATR zone

Latest close ± ATR14

$357.56 - $390.45

Indicators

Trend

Dow Theory Structure

Confirmation $403.24, invalidation $376.29

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

Trend strength is active

30.0 / 11.3 / 22.2Bearish
Supertrend (10,3)

Price is above Supertrend

$337.91Bullish
Ichimoku Cloud

Cloud Span A / Span B

$381.19 / $340.04Bearish
Donchian Channel (20)

20-period breakout channel position

14%Range

Volatility

ATR (14)

Medium volatility

$16.44 (4.4%)Range
Bollinger Bands (20,2)

Width 13.77%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$407.85 / $357.02Range
ATR channel lower / upper

Current Volatility Envelope

$357.56 / $390.45Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.68Range
Support

Nearest Downside Decision Level

$332.26Range

Momentum

RSI (14)

Neutral zone

47.9Range
MACD (12,26,9)

Histogram is negative

-4.031Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

3.3 / 17.5Bearish
Williams %R (14)

Oversold zone

-96.7Bullish
CCI (20)

Weak expansion

-107.2Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

37.4Bearish
OBV slope

20-period OBV slope

440.37%Bullish
Volume ratio

Relative to 20-period average volume

0.33xBearish

Trend

Dow Theory Structure

Confirmation $403.24, invalidation $376.29

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

Trend strength is active

30.0 / 11.3 / 22.2Bearish
Supertrend (10,3)

Price is above Supertrend

$337.91Bullish
Ichimoku Cloud

Cloud Span A / Span B

$381.19 / $340.04Bearish
Donchian Channel (20)

20-period breakout channel position

14%Range

Momentum

RSI (14)

Neutral zone

47.9Range
MACD (12,26,9)

Histogram is negative

-4.031Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

3.3 / 17.5Bearish
Williams %R (14)

Oversold zone

-96.7Bullish
CCI (20)

Weak expansion

-107.2Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Medium volatility

$16.44 (4.4%)Range
Bollinger Bands (20,2)

Width 13.77%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$407.85 / $357.02Range
ATR channel lower / upper

Current Volatility Envelope

$357.56 / $390.45Range

Volume / Money Flow

MFI (14)

Money flow is weak

37.4Bearish
OBV slope

20-period OBV slope

440.37%Bullish
Volume ratio

Relative to 20-period average volume

0.33xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.68Range
Support

Nearest Downside Decision Level

$332.26Range

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