US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

1 monthBullish85%
Monthly Upside probability 85%Bullish

CDNS 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $221.56 and reclaim $416.69.

Invalidation Trigger

Lose $221.56 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateRange
Momentum mixed

RSI 55.7, MACD -0.033

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $48.1 (14.27%)

Monthly

EMA Structure

Bullish
EMA 8$336.85Bullish
EMA 21$317.87Bullish
EMA 50$270.7Bullish

Signals

CategoryReadStrength
Momentum
RSI 55.7 · MACD -0.033

Momentum is strong

Strength
Range
Volatility
ATR $48.1 · BB 44.65%

High volatility

Strength
Bearish
Volume
MFI 47.5 · OBV 48.01%

Relative to 20-period average volume

Strength
Range
Price Levels
$221.56 - $416.69

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+37.87% · 2.7 ATR above latest close

$464.79
Nearest resistance

+23.61% · 1.7 ATR above · 34-bar high

$416.69
Current price

Price shown is delayed

$337.11
Nearest support

-34.28% · 2.4 ATR below · 34-bar low

$221.56
Deeper support zone

-48.54% · 3.4 ATR below latest close

$173.46
ATR zone

Latest close ± ATR14

$289.01 - $385.21

Indicators

Trend

Dow Theory Structure

Confirmation $416.69, invalidation $262.75

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

Trend strength is moderate

19.5 / 24.7 / 18.9Bullish
Supertrend (10,3)

Price is above Supertrend

$196.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$329.42 / $274.5Bullish
Donchian Channel (20)

20-period breakout channel position

59%Range

Volatility

ATR (14)

High volatility

$48.1 (14.27%)Bearish
Bollinger Bands (20,2)

Width 44.65%

64%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$416.28 / $222.43Bearish
ATR channel lower / upper

Current Volatility Envelope

$289.01 / $385.21Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$221.56Range

Momentum

RSI (14)

Momentum is strong

55.7Bullish
MACD (12,26,9)

Histogram is negative

-0.033Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

48.3 / 57.2Bearish
Williams %R (14)

Neutral zone

-51.7Range
CCI (20)

Balanced zone

51.7Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.5Range
OBV slope

20-period OBV slope

48.01%Bullish
Volume ratio

Relative to 20-period average volume

0.03xBearish

Trend

Dow Theory Structure

Confirmation $416.69, invalidation $262.75

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

Trend strength is moderate

19.5 / 24.7 / 18.9Bullish
Supertrend (10,3)

Price is above Supertrend

$196.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$329.42 / $274.5Bullish
Donchian Channel (20)

20-period breakout channel position

59%Range

Momentum

RSI (14)

Momentum is strong

55.7Bullish
MACD (12,26,9)

Histogram is negative

-0.033Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

48.3 / 57.2Bearish
Williams %R (14)

Neutral zone

-51.7Range
CCI (20)

Balanced zone

51.7Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

High volatility

$48.1 (14.27%)Bearish
Bollinger Bands (20,2)

Width 44.65%

64%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$416.28 / $222.43Bearish
ATR channel lower / upper

Current Volatility Envelope

$289.01 / $385.21Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.5Range
OBV slope

20-period OBV slope

48.01%Bullish
Volume ratio

Relative to 20-period average volume

0.03xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$221.56Range

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