US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

1 hourBearish86%
1h Downside probability 86%Bearish

CDNS 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $338.19 and stabilize above resistance $351.

Invalidation Trigger

Break above $351 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 47.1, MACD -0.469

1h
Volatility EnvironmentBullish
Low volatility

ATR is $4.3 (1.28%)

1h

EMA Structure

Bearish
EMA 8$337.92Bearish
EMA 21$338.19Bearish
EMA 50$338.2Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.1 · MACD -0.469

Neutral zone

Strength
Bearish
Volatility
ATR $4.3 · BB 4.36%

Low volatility

Strength
Bullish
Volume
MFI 31.5 · OBV 2.66%

Relative to 20-period average volume

Strength
Range
Price Levels
$330.08 - $351

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+5.7% · 4.5 ATR above latest close

$355.3
Nearest resistance

+4.42% · 3.5 ATR above · 34-bar high

$351
Current price

Price shown is delayed

$336.15
Nearest support

-1.81% · 1.4 ATR below · 34-bar low

$330.08
Deeper support zone

-3.08% · 2.4 ATR below latest close

$325.78
ATR zone

Latest close ± ATR14

$331.85 - $340.45

Indicators

Trend

Dow Theory Structure

Confirmation $351, invalidation $332.19

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

Trend strength is active

28.6 / 26.4 / 42.4Bearish
Supertrend (10,3)

Price is above Supertrend

$321.69Bullish
Ichimoku Cloud

Cloud Span A / Span B

$341.51 / $340.54Bearish
Donchian Channel (20)

20-period breakout channel position

21%Bearish

Volatility

ATR (14)

Low volatility

$4.3 (1.28%)Bullish
Bollinger Bands (20,2)

Width 4.36%

30%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$347.14 / $329.27Bullish
ATR channel lower / upper

Current Volatility Envelope

$331.85 / $340.45Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$351Range
Support

Nearest Downside Decision Level

$330.08Range

Momentum

RSI (14)

Neutral zone

47.1Range
MACD (12,26,9)

Histogram is negative

-0.469Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.1 / 28.4Bearish
Williams %R (14)

Neutral zone

-78.9Range
CCI (20)

Balanced zone

-93.8Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

31.5Bearish
OBV slope

20-period OBV slope

2.66%Bullish
Volume ratio

Relative to 20-period average volume

5.42xBullish

Trend

Dow Theory Structure

Confirmation $351, invalidation $332.19

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

Trend strength is active

28.6 / 26.4 / 42.4Bearish
Supertrend (10,3)

Price is above Supertrend

$321.69Bullish
Ichimoku Cloud

Cloud Span A / Span B

$341.51 / $340.54Bearish
Donchian Channel (20)

20-period breakout channel position

21%Bearish

Momentum

RSI (14)

Neutral zone

47.1Range
MACD (12,26,9)

Histogram is negative

-0.469Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.1 / 28.4Bearish
Williams %R (14)

Neutral zone

-78.9Range
CCI (20)

Balanced zone

-93.8Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$4.3 (1.28%)Bullish
Bollinger Bands (20,2)

Width 4.36%

30%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$347.14 / $329.27Bullish
ATR channel lower / upper

Current Volatility Envelope

$331.85 / $340.45Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

31.5Bearish
OBV slope

20-period OBV slope

2.66%Bullish
Volume ratio

Relative to 20-period average volume

5.42xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$351Range
Support

Nearest Downside Decision Level

$330.08Range

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