US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

1 monthBullish57%
Monthly Upside probability 57%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 below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 46.7, MACD -3.859

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $48.36 (16.71%)

Monthly

EMA Structure

Bullish
EMA 8$326.5Bearish
EMA 21$315.37Bearish
EMA 50$271.48Bullish

Signals

CategoryReadStrength
Momentum
RSI 46.7 · MACD -3.859

Neutral zone

Strength
Bearish
Volatility
ATR $48.36 · BB 45.09%

High volatility

Strength
Bearish
Volume
MFI 39.3 · OBV 54.65%

Relative to 20-period average volume

Strength
Range
Price Levels
$221.56 - $416.69

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+60.71% · 3.6 ATR above latest close

$465.05
Nearest resistance

+44% · 2.6 ATR above · 34-bar high

$416.69
Current price

Price shown is delayed

$289.37
Nearest support

-23.43% · 1.4 ATR below · 34-bar low

$221.56
Deeper support zone

-40.15% · 2.4 ATR below latest close

$173.2
ATR zone

Latest close ± ATR14

$241.01 - $337.73

Indicators

Trend

Dow Theory Structure

Confirmation $416.69, invalidation $262.75

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

Trend strength is moderate

18.9 / 15.6 / 24.5Bearish
Supertrend (10,3)

Price is above Supertrend

$153.18Bullish
Ichimoku Cloud

Cloud Span A / Span B

$329.42 / $277.73Bearish
Donchian Channel (20)

20-period breakout channel position

35%Range

Volatility

ATR (14)

High volatility

$48.36 (16.71%)Bearish
Bollinger Bands (20,2)

Width 45.09%

30%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$419.31 / $213.89Bearish
ATR channel lower / upper

Current Volatility Envelope

$241.01 / $337.73Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$221.56Range

Momentum

RSI (14)

Neutral zone

46.7Range
MACD (12,26,9)

Histogram is negative

-3.859Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.3 / 38.8Bearish
Williams %R (14)

Oversold zone

-82.7Bullish
CCI (20)

Balanced zone

-37.5Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

39.3Bearish
OBV slope

20-period OBV slope

54.65%Bullish
Volume ratio

Relative to 20-period average volume

0.46xBearish

Trend

Dow Theory Structure

Confirmation $416.69, invalidation $262.75

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

Trend strength is moderate

18.9 / 15.6 / 24.5Bearish
Supertrend (10,3)

Price is above Supertrend

$153.18Bullish
Ichimoku Cloud

Cloud Span A / Span B

$329.42 / $277.73Bearish
Donchian Channel (20)

20-period breakout channel position

35%Range

Momentum

RSI (14)

Neutral zone

46.7Range
MACD (12,26,9)

Histogram is negative

-3.859Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.3 / 38.8Bearish
Williams %R (14)

Oversold zone

-82.7Bullish
CCI (20)

Balanced zone

-37.5Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$48.36 (16.71%)Bearish
Bollinger Bands (20,2)

Width 45.09%

30%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$419.31 / $213.89Bearish
ATR channel lower / upper

Current Volatility Envelope

$241.01 / $337.73Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

39.3Bearish
OBV slope

20-period OBV slope

54.65%Bullish
Volume ratio

Relative to 20-period average volume

0.46xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$221.56Range

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