US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

12 hoursBullish68%
12h Upside probability 68%Bullish

CDNS 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

12h: price is below EMA21, short trend is weak

Confirmation Trigger

Hold above $358.76 and reclaim $401.18.

Invalidation Trigger

Lose $358.76 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

12h
Momentum StateRange
Momentum mixed

RSI 49.3, MACD 0.249

12h
Volatility EnvironmentRange
Medium volatility

ATR is $10.34 (2.74%)

12h

EMA Structure

Range
EMA 8$377.39Bearish
EMA 21$377.61Bearish
EMA 50$377.42Bearish

Signals

CategoryReadStrength
Momentum
RSI 49.3 · MACD 0.249

Neutral zone

Strength
Range
Volatility
ATR $10.34 · BB 6.77%

Medium volatility

Strength
Range
Volume
MFI 61.0 · OBV 19.43%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$358.76 - $401.18

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+9.2% · 3.4 ATR above latest close

$411.52
Nearest resistance

+6.45% · 2.4 ATR above · 34-bar high

$401.18
Current price

Price shown is delayed

$376.86
Nearest support

-4.8% · 1.7 ATR below · 34-bar low

$358.76
Deeper support zone

-7.55% · 2.7 ATR below latest close

$348.42
ATR zone

Latest close ± ATR14

$366.52 - $387.2

Indicators

Trend

Dow Theory Structure

Confirmation $395, invalidation $365

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

Trend strength is moderate

14.2 / 22.5 / 22.2Bullish
Supertrend (10,3)

Price is above Supertrend

$340.29Bullish
Ichimoku Cloud

Cloud Span A / Span B

$378.72 / $384.88Bearish
Donchian Channel (20)

20-period breakout channel position

40%Range

Volatility

ATR (14)

Medium volatility

$10.34 (2.74%)Range
Bollinger Bands (20,2)

Width 6.77%

52%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$400.57 / $354.55Range
ATR channel lower / upper

Current Volatility Envelope

$366.52 / $387.2Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$401.18Range
Support

Nearest Downside Decision Level

$358.76Range

Momentum

RSI (14)

Neutral zone

49.3Range
MACD (12,26,9)

Histogram is positive

0.249Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

39.5 / 27.5Bullish
Williams %R (14)

Neutral zone

-60.5Range
CCI (20)

Balanced zone

-17.0Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

61.0Bullish
OBV slope

20-period OBV slope

19.43%Bullish
Volume ratio

Relative to 20-period average volume

1.16xBullish

Trend

Dow Theory Structure

Confirmation $395, invalidation $365

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

Trend strength is moderate

14.2 / 22.5 / 22.2Bullish
Supertrend (10,3)

Price is above Supertrend

$340.29Bullish
Ichimoku Cloud

Cloud Span A / Span B

$378.72 / $384.88Bearish
Donchian Channel (20)

20-period breakout channel position

40%Range

Momentum

RSI (14)

Neutral zone

49.3Range
MACD (12,26,9)

Histogram is positive

0.249Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

39.5 / 27.5Bullish
Williams %R (14)

Neutral zone

-60.5Range
CCI (20)

Balanced zone

-17.0Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Medium volatility

$10.34 (2.74%)Range
Bollinger Bands (20,2)

Width 6.77%

52%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$400.57 / $354.55Range
ATR channel lower / upper

Current Volatility Envelope

$366.52 / $387.2Range

Volume / Money Flow

MFI (14)

Money flow is strong

61.0Bullish
OBV slope

20-period OBV slope

19.43%Bullish
Volume ratio

Relative to 20-period average volume

1.16xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$401.18Range
Support

Nearest Downside Decision Level

$358.76Range

Related Forecasts