US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

12 hoursBearish79%
12h Downside probability 79%Bearish

CDNS 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $324.7 and stabilize above resistance $361.91.

Invalidation Trigger

Break above $361.91 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 42.2, MACD -1.849

12h
Volatility EnvironmentRange
Medium volatility

ATR is $7.63 (2.41%)

12h

EMA Structure

Bearish
EMA 8$317.57Bearish
EMA 21$324.7Bearish
EMA 50$326.09Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.2 · MACD -1.849

Momentum is weak

Strength
Bearish
Volatility
ATR $7.63 · BB 13.60%

Medium volatility

Strength
Range
Volume
MFI 55.6 · OBV -118.54%

Relative to 20-period average volume

Strength
Range
Price Levels
$306 - $361.91

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+16.65% · 6.9 ATR above latest close

$369.54
Nearest resistance

+14.25% · 5.9 ATR above · 34-bar high

$361.91
Current price

Price shown is delayed

$316.78
Nearest support

-3.4% · 1.4 ATR below · 34-bar low

$306
Deeper support zone

-5.81% · 2.4 ATR below latest close

$298.37
ATR zone

Latest close ± ATR14

$309.15 - $324.41

Indicators

Trend

Dow Theory Structure

Confirmation $331.43, invalidation $319.63

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

Trend strength is active

63.6 / 19.9 / 29.6Bearish
Supertrend (10,3)

Price is above Supertrend

$289.57Bullish
Ichimoku Cloud

Cloud Span A / Span B

$326.23 / $321.2Bearish
Donchian Channel (20)

20-period breakout channel position

22%Bearish

Volatility

ATR (14)

Medium volatility

$7.63 (2.41%)Range
Bollinger Bands (20,2)

Width 13.60%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$339.3 / $309.44Range
ATR channel lower / upper

Current Volatility Envelope

$309.15 / $324.41Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$361.91Range
Support

Nearest Downside Decision Level

$306Range

Momentum

RSI (14)

Momentum is weak

42.2Bearish
MACD (12,26,9)

Histogram is negative

-1.849Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

42.4 / 19.3Bullish
Williams %R (14)

Neutral zone

-57.6Range
CCI (20)

Weak expansion

-103.0Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

55.6Bullish
OBV slope

20-period OBV slope

-118.54%Bearish
Volume ratio

Relative to 20-period average volume

2.07xBullish

Trend

Dow Theory Structure

Confirmation $331.43, invalidation $319.63

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

Trend strength is active

63.6 / 19.9 / 29.6Bearish
Supertrend (10,3)

Price is above Supertrend

$289.57Bullish
Ichimoku Cloud

Cloud Span A / Span B

$326.23 / $321.2Bearish
Donchian Channel (20)

20-period breakout channel position

22%Bearish

Momentum

RSI (14)

Momentum is weak

42.2Bearish
MACD (12,26,9)

Histogram is negative

-1.849Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

42.4 / 19.3Bullish
Williams %R (14)

Neutral zone

-57.6Range
CCI (20)

Weak expansion

-103.0Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

Medium volatility

$7.63 (2.41%)Range
Bollinger Bands (20,2)

Width 13.60%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$339.3 / $309.44Range
ATR channel lower / upper

Current Volatility Envelope

$309.15 / $324.41Range

Volume / Money Flow

MFI (14)

Money flow is strong

55.6Bullish
OBV slope

20-period OBV slope

-118.54%Bearish
Volume ratio

Relative to 20-period average volume

2.07xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$361.91Range
Support

Nearest Downside Decision Level

$306Range

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