US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

1 hourBearish80%
1h Downside probability 80%Bearish

CDNS 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $380.31 and stabilize above resistance $403.24.

Invalidation Trigger

Break above $403.24 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 38.2, MACD -0.413

1h
Volatility EnvironmentBullish
Low volatility

ATR is $3.58 (0.96%)

1h

EMA Structure

Bearish
EMA 8$376.33Bearish
EMA 21$380.31Bearish
EMA 50$384.77Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.2 · MACD -0.413

Momentum is weak

Strength
Bearish
Volatility
ATR $3.58 · BB 4.38%

Low volatility

Strength
Bullish
Volume
MFI 48.6 · OBV 3.92%

Relative to 20-period average volume

Strength
Range
Price Levels
$372.58 - $403.24

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+8.77% · 9.2 ATR above latest close

$406.82
Nearest resistance

+7.82% · 8.2 ATR above · 34-bar high

$403.24
Current price

Price shown is delayed

$374
Nearest support

-0.38% · 0.4 ATR below · 34-bar low

$372.58
Deeper support zone

-1.34% · 1.4 ATR below latest close

$369
ATR zone

Latest close ± ATR14

$370.42 - $377.58

Indicators

Trend

Dow Theory Structure

Confirmation $379.5, invalidation $373.16

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

Trend strength is moderate

11.6 / 10.2 / 30.4Bearish
Supertrend (10,3)

Price is above Supertrend

$363.59Bullish
Ichimoku Cloud

Cloud Span A / Span B

$380.52 / $387.91Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Volatility

ATR (14)

Low volatility

$3.58 (0.96%)Bullish
Bollinger Bands (20,2)

Width 4.38%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$387.38 / $372.72Bullish
ATR channel lower / upper

Current Volatility Envelope

$370.42 / $377.58Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$403.24Range
Support

Nearest Downside Decision Level

$372.58Range

Momentum

RSI (14)

Momentum is weak

38.2Bearish
MACD (12,26,9)

Histogram is negative

-0.413Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

11.1 / 12.0Bearish
Williams %R (14)

Oversold zone

-88.9Bullish
CCI (20)

Weak expansion

-120.5Bearish
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.6Range
OBV slope

20-period OBV slope

3.92%Bullish
Volume ratio

Relative to 20-period average volume

1.38xBullish

Trend

Dow Theory Structure

Confirmation $379.5, invalidation $373.16

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

Trend strength is moderate

11.6 / 10.2 / 30.4Bearish
Supertrend (10,3)

Price is above Supertrend

$363.59Bullish
Ichimoku Cloud

Cloud Span A / Span B

$380.52 / $387.91Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Momentum

RSI (14)

Momentum is weak

38.2Bearish
MACD (12,26,9)

Histogram is negative

-0.413Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

11.1 / 12.0Bearish
Williams %R (14)

Oversold zone

-88.9Bullish
CCI (20)

Weak expansion

-120.5Bearish
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$3.58 (0.96%)Bullish
Bollinger Bands (20,2)

Width 4.38%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$387.38 / $372.72Bullish
ATR channel lower / upper

Current Volatility Envelope

$370.42 / $377.58Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.6Range
OBV slope

20-period OBV slope

3.92%Bullish
Volume ratio

Relative to 20-period average volume

1.38xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$403.24Range
Support

Nearest Downside Decision Level

$372.58Range

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