US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

1 monthRange50%
Monthly Range probability 100%Range

CDNS 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Break either side of $221.56 - $416.69 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Monthly
Momentum StateRange
Momentum mixed

RSI 50.8, MACD -3.193

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $50.86 (16.18%)

Monthly

EMA Structure

Bullish
EMA 8$330.86Bearish
EMA 21$318.66Bearish
EMA 50$274.7Bullish

Signals

CategoryReadStrength
Momentum
RSI 50.8 · MACD -3.193

Neutral zone

Strength
Range
Volatility
ATR $50.86 · BB 39.15%

High volatility

Strength
Bearish
Volume
MFI 37.2 · OBV 9.11%

Relative to 20-period average volume

Strength
Range
Price Levels
$221.56 - $416.69

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+48.71% · 3.0 ATR above latest close

$467.55
Nearest resistance

+32.53% · 2.0 ATR above · 34-bar high

$416.69
Current price

Price shown is delayed

$314.41
Nearest support

-29.53% · 1.8 ATR below · 34-bar low

$221.56
Deeper support zone

-45.71% · 2.8 ATR below latest close

$170.7
ATR zone

Latest close ± ATR14

$263.55 - $365.26

Indicators

Trend

Dow Theory Structure

Confirmation $416.69, invalidation $262.75

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

Trend strength is moderate

18.7 / 18.6 / 24.5Bearish
Supertrend (10,3)

Price is above Supertrend

$170.88Bullish
Ichimoku Cloud

Cloud Span A / Span B

$329.42 / $277.73Bearish
Donchian Channel (20)

20-period breakout channel position

48%Range

Volatility

ATR (14)

High volatility

$50.86 (16.18%)Bearish
Bollinger Bands (20,2)

Width 39.15%

43%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$428.62 / $211.19Bearish
ATR channel lower / upper

Current Volatility Envelope

$263.55 / $365.26Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$221.56Range

Momentum

RSI (14)

Neutral zone

50.8Range
MACD (12,26,9)

Histogram is negative

-3.193Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

33.6 / 42.1Bearish
Williams %R (14)

Neutral zone

-66.4Range
CCI (20)

Balanced zone

16.9Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

37.2Bearish
OBV slope

20-period OBV slope

9.11%Bullish
Volume ratio

Relative to 20-period average volume

0.68xBearish

Trend

Dow Theory Structure

Confirmation $416.69, invalidation $262.75

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

Trend strength is moderate

18.7 / 18.6 / 24.5Bearish
Supertrend (10,3)

Price is above Supertrend

$170.88Bullish
Ichimoku Cloud

Cloud Span A / Span B

$329.42 / $277.73Bearish
Donchian Channel (20)

20-period breakout channel position

48%Range

Momentum

RSI (14)

Neutral zone

50.8Range
MACD (12,26,9)

Histogram is negative

-3.193Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

33.6 / 42.1Bearish
Williams %R (14)

Neutral zone

-66.4Range
CCI (20)

Balanced zone

16.9Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$50.86 (16.18%)Bearish
Bollinger Bands (20,2)

Width 39.15%

43%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$428.62 / $211.19Bearish
ATR channel lower / upper

Current Volatility Envelope

$263.55 / $365.26Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

37.2Bearish
OBV slope

20-period OBV slope

9.11%Bullish
Volume ratio

Relative to 20-period average volume

0.68xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$221.56Range

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