US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

1 hourBearish82%
1h Downside probability 82%Bearish

CDNS 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $379.12 and stabilize above resistance $395.

Invalidation Trigger

Break above $395 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 45.9, MACD 0.261

1h
Volatility EnvironmentBullish
Low volatility

ATR is $3.36 (0.89%)

1h

EMA Structure

Bearish
EMA 8$378.02Bearish
EMA 21$379.12Bearish
EMA 50$379.82Bearish

Signals

CategoryReadStrength
Momentum
RSI 45.9 · MACD 0.261

Neutral zone

Strength
Bearish
Volatility
ATR $3.36 · BB 5.20%

Low volatility

Strength
Bullish
Volume
MFI 60.4 · OBV 0.36%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$366.51 - $395

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+5.71% · 6.4 ATR above latest close

$398.36
Nearest resistance

+4.81% · 5.4 ATR above · 34-bar high

$395
Current price

Price shown is delayed

$376.86
Nearest support

-2.75% · 3.1 ATR below · 34-bar low

$366.51
Deeper support zone

-3.64% · 4.1 ATR below latest close

$363.15
ATR zone

Latest close ± ATR14

$373.5 - $380.22

Indicators

Trend

Dow Theory Structure

Confirmation $366.51, invalidation $380.78

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

Trend strength is active

30.5 / 38.4 / 40.4Bearish
Supertrend (10,3)

Price is above Supertrend

$364.54Bullish
Ichimoku Cloud

Cloud Span A / Span B

$377.78 / $380.58Bearish
Donchian Channel (20)

20-period breakout channel position

47%Range

Volatility

ATR (14)

Low volatility

$3.36 (0.89%)Bullish
Bollinger Bands (20,2)

Width 5.20%

42%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$387.12 / $370.93Bullish
ATR channel lower / upper

Current Volatility Envelope

$373.5 / $380.22Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$395Range
Support

Nearest Downside Decision Level

$366.51Range

Momentum

RSI (14)

Neutral zone

45.9Range
MACD (12,26,9)

Histogram is positive

0.261Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

62.8 / 71.9Bearish
Williams %R (14)

Neutral zone

-37.2Range
CCI (20)

Balanced zone

-34.3Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

60.4Bullish
OBV slope

20-period OBV slope

0.36%Bullish
Volume ratio

Relative to 20-period average volume

4.79xBullish

Trend

Dow Theory Structure

Confirmation $366.51, invalidation $380.78

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

Trend strength is active

30.5 / 38.4 / 40.4Bearish
Supertrend (10,3)

Price is above Supertrend

$364.54Bullish
Ichimoku Cloud

Cloud Span A / Span B

$377.78 / $380.58Bearish
Donchian Channel (20)

20-period breakout channel position

47%Range

Momentum

RSI (14)

Neutral zone

45.9Range
MACD (12,26,9)

Histogram is positive

0.261Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

62.8 / 71.9Bearish
Williams %R (14)

Neutral zone

-37.2Range
CCI (20)

Balanced zone

-34.3Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$3.36 (0.89%)Bullish
Bollinger Bands (20,2)

Width 5.20%

42%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$387.12 / $370.93Bullish
ATR channel lower / upper

Current Volatility Envelope

$373.5 / $380.22Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

60.4Bullish
OBV slope

20-period OBV slope

0.36%Bullish
Volume ratio

Relative to 20-period average volume

4.79xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$395Range
Support

Nearest Downside Decision Level

$366.51Range

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