US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

1 hourBullish92%
1h Upside probability 92%Bullish

CDNS 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $326.89 and reclaim $357.95.

Invalidation Trigger

Lose $326.89 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 61.0, MACD -0.906

1h
Volatility EnvironmentBullish
Low volatility

ATR is $3.45 (0.98%)

1h

EMA Structure

Bullish
EMA 8$349.68Bullish
EMA 21$347.15Bullish
EMA 50$339.35Bullish

Signals

CategoryReadStrength
Momentum
RSI 61.0 · MACD -0.906

Momentum is strong

Strength
Bullish
Volatility
ATR $3.45 · BB 3.91%

Low volatility

Strength
Bullish
Volume
MFI 64.3 · OBV 7.99%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$326.89 - $357.95

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.8% · 2.9 ATR above latest close

$361.4
Nearest resistance

+1.82% · 1.9 ATR above · 34-bar high

$357.95
Current price

Price shown is delayed

$351.55
Nearest support

-7.01% · 7.1 ATR below · 34-bar low

$326.89
Deeper support zone

-8% · 8.1 ATR below latest close

$323.44
ATR zone

Latest close ± ATR14

$348.1 - $355

Indicators

Trend

Dow Theory Structure

Confirmation $357.95, invalidation $343.84

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

Trend strength is moderate

18.9 / 24.0 / 33.1Bearish
Supertrend (10,3)

Price is above Supertrend

$340.54Bullish
Ichimoku Cloud

Cloud Span A / Span B

$347.74 / $337.36Bullish
Donchian Channel (20)

20-period breakout channel position

65%Bullish

Volatility

ATR (14)

Low volatility

$3.45 (0.98%)Bullish
Bollinger Bands (20,2)

Width 3.91%

66%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$354.32 / $340.54Bullish
ATR channel lower / upper

Current Volatility Envelope

$348.1 / $355Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$357.95Range
Support

Nearest Downside Decision Level

$326.89Range

Momentum

RSI (14)

Momentum is strong

61.0Bullish
MACD (12,26,9)

Histogram is negative

-0.906Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

61.2 / 52.8Bullish
Williams %R (14)

Neutral zone

-38.8Range
CCI (20)

Balanced zone

46.5Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

64.3Bullish
OBV slope

20-period OBV slope

7.99%Bullish
Volume ratio

Relative to 20-period average volume

4.33xBullish

Trend

Dow Theory Structure

Confirmation $357.95, invalidation $343.84

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

Trend strength is moderate

18.9 / 24.0 / 33.1Bearish
Supertrend (10,3)

Price is above Supertrend

$340.54Bullish
Ichimoku Cloud

Cloud Span A / Span B

$347.74 / $337.36Bullish
Donchian Channel (20)

20-period breakout channel position

65%Bullish

Momentum

RSI (14)

Momentum is strong

61.0Bullish
MACD (12,26,9)

Histogram is negative

-0.906Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

61.2 / 52.8Bullish
Williams %R (14)

Neutral zone

-38.8Range
CCI (20)

Balanced zone

46.5Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Low volatility

$3.45 (0.98%)Bullish
Bollinger Bands (20,2)

Width 3.91%

66%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$354.32 / $340.54Bullish
ATR channel lower / upper

Current Volatility Envelope

$348.1 / $355Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

64.3Bullish
OBV slope

20-period OBV slope

7.99%Bullish
Volume ratio

Relative to 20-period average volume

4.33xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$357.95Range
Support

Nearest Downside Decision Level

$326.89Range

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