US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

1 monthBullish75%
Monthly Upside probability 75%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 54.7, MACD -2.721

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $49.83 (14.95%)

Monthly

EMA Structure

Bullish
EMA 8$333.74Bearish
EMA 21$321.1Bullish
EMA 50$277.5Bullish

Signals

CategoryReadStrength
Momentum
RSI 54.7 · MACD -2.721

Neutral zone

Strength
Bullish
Volatility
ATR $49.83 · BB 33.37%

High volatility

Strength
Bearish
Volume
MFI 40.5 · OBV -6.99%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$221.56 - $416.69

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+39.96% · 2.7 ATR above latest close

$466.52
Nearest resistance

+25.01% · 1.7 ATR above · 34-bar high

$416.69
Current price

Price shown is delayed

$333.32
Nearest support

-33.53% · 2.2 ATR below · 34-bar low

$221.56
Deeper support zone

-48.48% · 3.2 ATR below latest close

$171.73
ATR zone

Latest close ± ATR14

$283.49 - $383.15

Indicators

Trend

Dow Theory Structure

Confirmation $416.69, invalidation $273.07

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

Trend strength is moderate

17.4 / 19.0 / 23.1Bearish
Supertrend (10,3)

Price is above Supertrend

$160.72Bullish
Ichimoku Cloud

Cloud Span A / Span B

$329.58 / $277.73Bullish
Donchian Channel (20)

20-period breakout channel position

57%Range

Volatility

ATR (14)

High volatility

$49.83 (14.95%)Bearish
Bollinger Bands (20,2)

Width 33.37%

55%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$430.73 / $213.96Bearish
ATR channel lower / upper

Current Volatility Envelope

$283.49 / $383.15Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$221.56Range

Momentum

RSI (14)

Neutral zone

54.7Range
MACD (12,26,9)

Histogram is negative

-2.721Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

45.8 / 44.0Bullish
Williams %R (14)

Neutral zone

-54.2Range
CCI (20)

Balanced zone

5.3Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

40.5Bearish
OBV slope

20-period OBV slope

-6.99%Bearish
Volume ratio

Relative to 20-period average volume

0.38xBearish

Trend

Dow Theory Structure

Confirmation $416.69, invalidation $273.07

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

Trend strength is moderate

17.4 / 19.0 / 23.1Bearish
Supertrend (10,3)

Price is above Supertrend

$160.72Bullish
Ichimoku Cloud

Cloud Span A / Span B

$329.58 / $277.73Bullish
Donchian Channel (20)

20-period breakout channel position

57%Range

Momentum

RSI (14)

Neutral zone

54.7Range
MACD (12,26,9)

Histogram is negative

-2.721Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

45.8 / 44.0Bullish
Williams %R (14)

Neutral zone

-54.2Range
CCI (20)

Balanced zone

5.3Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

High volatility

$49.83 (14.95%)Bearish
Bollinger Bands (20,2)

Width 33.37%

55%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$430.73 / $213.96Bearish
ATR channel lower / upper

Current Volatility Envelope

$283.49 / $383.15Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

40.5Bearish
OBV slope

20-period OBV slope

-6.99%Bearish
Volume ratio

Relative to 20-period average volume

0.38xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$221.56Range

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