US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

12 hoursBearish87%
12h Downside probability 87%Bearish

CDNS 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $302.52 and stabilize above resistance $348.47.

Invalidation Trigger

Break above $348.47 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 32.7, MACD -1.607

12h
Volatility EnvironmentRange
Medium volatility

ATR is $7.88 (2.72%)

12h

EMA Structure

Bearish
EMA 8$290.4Bearish
EMA 21$302.52Bearish
EMA 50$316.97Bearish

Signals

CategoryReadStrength
Momentum
RSI 32.7 · MACD -1.607

Momentum is weak

Strength
Bearish
Volatility
ATR $7.88 · BB 29.54%

Medium volatility

Strength
Range
Volume
MFI 19.5 · OBV -34.95%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$281 - $348.47

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+22.88% · 8.4 ATR above latest close

$356.35
Nearest resistance

+20.16% · 7.4 ATR above · 34-bar high

$348.47
Current price

Price shown is delayed

$290
Nearest support

-3.1% · 1.1 ATR below · 34-bar low

$281
Deeper support zone

-5.82% · 2.1 ATR below latest close

$273.12
ATR zone

Latest close ± ATR14

$282.12 - $297.88

Indicators

Trend

Dow Theory Structure

Confirmation $348.47, invalidation $281

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

Trend strength is active

63.0 / 7.0 / 56.2Bearish
Supertrend (10,3)

Price is above Supertrend

$269.54Bullish
Ichimoku Cloud

Cloud Span A / Span B

$304.69 / $314.74Bearish
Donchian Channel (20)

20-period breakout channel position

13%Bearish

Volatility

ATR (14)

Medium volatility

$7.88 (2.72%)Range
Bollinger Bands (20,2)

Width 29.54%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$315.1 / $288.46Range
ATR channel lower / upper

Current Volatility Envelope

$282.12 / $297.88Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$348.47Range
Support

Nearest Downside Decision Level

$281Range

Momentum

RSI (14)

Momentum is weak

32.7Bearish
MACD (12,26,9)

Histogram is negative

-1.607Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.0 / 12.8Bullish
Williams %R (14)

Oversold zone

-83.0Bullish
CCI (20)

Balanced zone

-66.1Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

19.5Bearish
OBV slope

20-period OBV slope

-34.95%Bearish
Volume ratio

Relative to 20-period average volume

1.73xBullish

Trend

Dow Theory Structure

Confirmation $348.47, invalidation $281

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

Trend strength is active

63.0 / 7.0 / 56.2Bearish
Supertrend (10,3)

Price is above Supertrend

$269.54Bullish
Ichimoku Cloud

Cloud Span A / Span B

$304.69 / $314.74Bearish
Donchian Channel (20)

20-period breakout channel position

13%Bearish

Momentum

RSI (14)

Momentum is weak

32.7Bearish
MACD (12,26,9)

Histogram is negative

-1.607Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.0 / 12.8Bullish
Williams %R (14)

Oversold zone

-83.0Bullish
CCI (20)

Balanced zone

-66.1Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Medium volatility

$7.88 (2.72%)Range
Bollinger Bands (20,2)

Width 29.54%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$315.1 / $288.46Range
ATR channel lower / upper

Current Volatility Envelope

$282.12 / $297.88Range

Volume / Money Flow

MFI (14)

Money flow is weak

19.5Bearish
OBV slope

20-period OBV slope

-34.95%Bearish
Volume ratio

Relative to 20-period average volume

1.73xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$348.47Range
Support

Nearest Downside Decision Level

$281Range

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