US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

1 monthBullish89%
Monthly Upside probability 89%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 57.9, MACD -0.836

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $48.85 (13.9%)

Monthly

EMA Structure

Bullish
EMA 8$339.07Bullish
EMA 21$322.01Bullish
EMA 50$276.15Bullish

Signals

CategoryReadStrength
Momentum
RSI 57.9 · MACD -0.836

Momentum is strong

Strength
Bullish
Volatility
ATR $48.85 · BB 39.59%

High volatility

Strength
Bearish
Volume
MFI 34.8 · OBV 21.43%

Relative to 20-period average volume

Strength
Range
Price Levels
$221.56 - $416.69

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+32.5% · 2.3 ATR above latest close

$465.54
Nearest resistance

+18.6% · 1.3 ATR above · 34-bar high

$416.69
Current price

Price shown is delayed

$351.35
Nearest support

-36.94% · 2.7 ATR below · 34-bar low

$221.56
Deeper support zone

-50.84% · 3.7 ATR below latest close

$172.71
ATR zone

Latest close ± ATR14

$302.5 - $400.2

Indicators

Trend

Dow Theory Structure

Confirmation $416.69, invalidation $262.75

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

Trend strength is moderate

18.8 / 18.8 / 25.5Bearish
Supertrend (10,3)

Price is above Supertrend

$193.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$329.42 / $277.73Bullish
Donchian Channel (20)

20-period breakout channel position

67%Range

Volatility

ATR (14)

High volatility

$48.85 (13.9%)Bearish
Bollinger Bands (20,2)

Width 39.59%

71%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$426.51 / $220.34Bearish
ATR channel lower / upper

Current Volatility Envelope

$302.5 / $400.2Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$221.56Range

Momentum

RSI (14)

Momentum is strong

57.9Bullish
MACD (12,26,9)

Histogram is negative

-0.836Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

57.6 / 50.1Bullish
Williams %R (14)

Neutral zone

-42.4Range
CCI (20)

Balanced zone

66.4Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

34.8Bearish
OBV slope

20-period OBV slope

21.43%Bullish
Volume ratio

Relative to 20-period average volume

0.15xBearish

Trend

Dow Theory Structure

Confirmation $416.69, invalidation $262.75

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

Trend strength is moderate

18.8 / 18.8 / 25.5Bearish
Supertrend (10,3)

Price is above Supertrend

$193.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$329.42 / $277.73Bullish
Donchian Channel (20)

20-period breakout channel position

67%Range

Momentum

RSI (14)

Momentum is strong

57.9Bullish
MACD (12,26,9)

Histogram is negative

-0.836Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

57.6 / 50.1Bullish
Williams %R (14)

Neutral zone

-42.4Range
CCI (20)

Balanced zone

66.4Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$48.85 (13.9%)Bearish
Bollinger Bands (20,2)

Width 39.59%

71%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$426.51 / $220.34Bearish
ATR channel lower / upper

Current Volatility Envelope

$302.5 / $400.2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

34.8Bearish
OBV slope

20-period OBV slope

21.43%Bullish
Volume ratio

Relative to 20-period average volume

0.15xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$221.56Range

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