US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

1 hourBullish54%
1h Upside probability 54%Bullish

CDNS 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Hold above $306 and reclaim $331.43.

Invalidation Trigger

Lose $306 and MACD turns lower again.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 50.7, MACD 1.240

1h
Volatility EnvironmentBullish
Low volatility

ATR is $2.79 (0.89%)

1h

EMA Structure

Bearish
EMA 8$312.8Bullish
EMA 21$313.18Bullish
EMA 50$317.11Bearish

Signals

CategoryReadStrength
Momentum
RSI 50.7 · MACD 1.240

Neutral zone

Strength
Bullish
Volatility
ATR $2.79 · BB 3.93%

Low volatility

Strength
Bullish
Volume
MFI 86.7 · OBV 1.00%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$306 - $331.43

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+6.3% · 7.1 ATR above latest close

$334.23
Nearest resistance

+5.42% · 6.1 ATR above · 34-bar high

$331.43
Current price

Price shown is delayed

$314.41
Nearest support

-2.67% · 3.0 ATR below · 34-bar low

$306
Deeper support zone

-3.56% · 4.0 ATR below latest close

$303.21
ATR zone

Latest close ± ATR14

$311.61 - $317.2

Indicators

Trend

Dow Theory Structure

Confirmation $306, invalidation $310.18

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

36.2 / 46.3 / 23.6Bullish
Supertrend (10,3)

Price is above Supertrend

$305.67Bullish
Ichimoku Cloud

Cloud Span A / Span B

$314 / $318.72Bearish
Donchian Channel (20)

20-period breakout channel position

71%Range

Volatility

ATR (14)

Low volatility

$2.79 (0.89%)Bullish
Bollinger Bands (20,2)

Width 3.93%

78%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$319.22 / $306.86Bullish
ATR channel lower / upper

Current Volatility Envelope

$311.61 / $317.2Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$331.43Range
Support

Nearest Downside Decision Level

$306Range

Momentum

RSI (14)

Neutral zone

50.7Range
MACD (12,26,9)

Histogram is positive

1.240Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

70.5 / 87.6Bearish
Williams %R (14)

Neutral zone

-29.5Range
CCI (20)

Balanced zone

96.1Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

86.7Bullish
OBV slope

20-period OBV slope

1.00%Bullish
Volume ratio

Relative to 20-period average volume

1.55xBullish

Trend

Dow Theory Structure

Confirmation $306, invalidation $310.18

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

36.2 / 46.3 / 23.6Bullish
Supertrend (10,3)

Price is above Supertrend

$305.67Bullish
Ichimoku Cloud

Cloud Span A / Span B

$314 / $318.72Bearish
Donchian Channel (20)

20-period breakout channel position

71%Range

Momentum

RSI (14)

Neutral zone

50.7Range
MACD (12,26,9)

Histogram is positive

1.240Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

70.5 / 87.6Bearish
Williams %R (14)

Neutral zone

-29.5Range
CCI (20)

Balanced zone

96.1Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Low volatility

$2.79 (0.89%)Bullish
Bollinger Bands (20,2)

Width 3.93%

78%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$319.22 / $306.86Bullish
ATR channel lower / upper

Current Volatility Envelope

$311.61 / $317.2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

86.7Bullish
OBV slope

20-period OBV slope

1.00%Bullish
Volume ratio

Relative to 20-period average volume

1.55xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$331.43Range
Support

Nearest Downside Decision Level

$306Range

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