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 $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 StateBullish
Momentum improving

RSI 64.4, MACD 3.330

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $45.67 (12.12%)

Monthly

EMA Structure

Bullish
EMA 8$344.96Bullish
EMA 21$319.29Bullish
EMA 50$269.43Bullish

Signals

CategoryReadStrength
Momentum
RSI 64.4 · MACD 3.330

Momentum is strong

Strength
Bullish
Volatility
ATR $45.67 · BB 47.17%

High volatility

Strength
Bearish
Volume
MFI 53.2 · OBV 49.93%

Relative to 20-period average volume

Strength
Range
Price Levels
$221.56 - $416.69

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+22.69% · 1.9 ATR above latest close

$462.36
Nearest resistance

+10.57% · 0.9 ATR above · 34-bar high

$416.69
Current price

Price shown is delayed

$376.86
Nearest support

-41.21% · 3.4 ATR below · 34-bar low

$221.56
Deeper support zone

-53.33% · 4.4 ATR below latest close

$175.89
ATR zone

Latest close ± ATR14

$331.19 - $422.53

Indicators

Trend

Dow Theory Structure

Confirmation $376.45, invalidation $262.75

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

Trend strength is moderate

20.1 / 26.0 / 13.8Bullish
Supertrend (10,3)

Price is above Supertrend

$240.38Bullish
Ichimoku Cloud

Cloud Span A / Span B

$329.42 / $274.5Bullish
Donchian Channel (20)

20-period breakout channel position

80%Bullish

Volatility

ATR (14)

High volatility

$45.67 (12.12%)Bearish
Bollinger Bands (20,2)

Width 47.17%

89%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$412.95 / $229.04Bearish
ATR channel lower / upper

Current Volatility Envelope

$331.19 / $422.53Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$221.56Range

Momentum

RSI (14)

Momentum is strong

64.4Bullish
MACD (12,26,9)

Histogram is positive

3.330Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

74.1 / 80.6Bearish
Williams %R (14)

Neutral zone

-25.9Range
CCI (20)

Strong expansion

136.1Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.2Range
OBV slope

20-period OBV slope

49.93%Bullish
Volume ratio

Relative to 20-period average volume

0.24xBearish

Trend

Dow Theory Structure

Confirmation $376.45, invalidation $262.75

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

Trend strength is moderate

20.1 / 26.0 / 13.8Bullish
Supertrend (10,3)

Price is above Supertrend

$240.38Bullish
Ichimoku Cloud

Cloud Span A / Span B

$329.42 / $274.5Bullish
Donchian Channel (20)

20-period breakout channel position

80%Bullish

Momentum

RSI (14)

Momentum is strong

64.4Bullish
MACD (12,26,9)

Histogram is positive

3.330Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

74.1 / 80.6Bearish
Williams %R (14)

Neutral zone

-25.9Range
CCI (20)

Strong expansion

136.1Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$45.67 (12.12%)Bearish
Bollinger Bands (20,2)

Width 47.17%

89%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$412.95 / $229.04Bearish
ATR channel lower / upper

Current Volatility Envelope

$331.19 / $422.53Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.2Range
OBV slope

20-period OBV slope

49.93%Bullish
Volume ratio

Relative to 20-period average volume

0.24xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$221.56Range

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