US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

1 monthBullish92%
Monthly Upside probability 92%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 $222.18 and reclaim $416.68.

Invalidation Trigger

Lose $222.18 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 64.6, MACD 2.229

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $45.31 (11.95%)

Monthly

EMA Structure

Bullish
EMA 8$336.69Bullish
EMA 21$313.89Bullish
EMA 50$263.64Bullish

Signals

CategoryReadStrength
Momentum
RSI 64.6 · MACD 2.229

Momentum is strong

Strength
Bullish
Volatility
ATR $45.31 · BB 44.94%

High volatility

Strength
Bearish
Volume
MFI 56.7 · OBV 27.12%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$222.18 - $416.68

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+21.88% · 1.8 ATR above latest close

$461.99
Nearest resistance

+9.93% · 0.8 ATR above · 34-bar high

$416.68
Current price

Price shown is delayed

$379.05
Nearest support

-41.39% · 3.5 ATR below · 34-bar low

$222.18
Deeper support zone

-53.34% · 4.5 ATR below latest close

$176.87
ATR zone

Latest close ± ATR14

$333.74 - $424.36

Indicators

Trend

Dow Theory Structure

Confirmation $376.33, invalidation $263.01

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

Trend strength is moderate

18.5 / 29.5 / 14.0Bullish
Supertrend (10,3)

Price is above Supertrend

$256.81Bullish
Ichimoku Cloud

Cloud Span A / Span B

$329.64 / $274.53Bullish
Donchian Channel (20)

20-period breakout channel position

81%Bullish

Volatility

ATR (14)

High volatility

$45.31 (11.95%)Bearish
Bollinger Bands (20,2)

Width 44.94%

96%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$407.7 / $223.26Bearish
ATR channel lower / upper

Current Volatility Envelope

$333.74 / $424.36Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.68Range
Support

Nearest Downside Decision Level

$222.18Range

Momentum

RSI (14)

Momentum is strong

64.6Bullish
MACD (12,26,9)

Histogram is positive

2.229Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

75.5 / 80.0Bearish
Williams %R (14)

Neutral zone

-24.5Range
CCI (20)

Strong expansion

188.2Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

56.7Bullish
OBV slope

20-period OBV slope

27.12%Bullish
Volume ratio

Relative to 20-period average volume

0.95xRange

Trend

Dow Theory Structure

Confirmation $376.33, invalidation $263.01

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

Trend strength is moderate

18.5 / 29.5 / 14.0Bullish
Supertrend (10,3)

Price is above Supertrend

$256.81Bullish
Ichimoku Cloud

Cloud Span A / Span B

$329.64 / $274.53Bullish
Donchian Channel (20)

20-period breakout channel position

81%Bullish

Momentum

RSI (14)

Momentum is strong

64.6Bullish
MACD (12,26,9)

Histogram is positive

2.229Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

75.5 / 80.0Bearish
Williams %R (14)

Neutral zone

-24.5Range
CCI (20)

Strong expansion

188.2Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$45.31 (11.95%)Bearish
Bollinger Bands (20,2)

Width 44.94%

96%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$407.7 / $223.26Bearish
ATR channel lower / upper

Current Volatility Envelope

$333.74 / $424.36Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

56.7Bullish
OBV slope

20-period OBV slope

27.12%Bullish
Volume ratio

Relative to 20-period average volume

0.95xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.68Range
Support

Nearest Downside Decision Level

$222.18Range

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