US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

1 monthBullish74%
Monthly Upside probability 74%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 StateRange
Momentum mixed

RSI 52.2, MACD -1.187

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $49.44 (15.5%)

Monthly

EMA Structure

Bullish
EMA 8$332.83Bearish
EMA 21$316.22Bullish
EMA 50$269.99Bullish

Signals

CategoryReadStrength
Momentum
RSI 52.2 · MACD -1.187

Neutral zone

Strength
Range
Volatility
ATR $49.44 · BB 44.43%

High volatility

Strength
Bearish
Volume
MFI 45.6 · OBV 39.68%

Relative to 20-period average volume

Strength
Range
Price Levels
$221.56 - $416.69

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+46.11% · 3.0 ATR above latest close

$466.13
Nearest resistance

+30.62% · 2.0 ATR above · 34-bar high

$416.69
Current price

Price shown is delayed

$319.02
Nearest support

-30.55% · 2.0 ATR below · 34-bar low

$221.56
Deeper support zone

-46.05% · 3.0 ATR below latest close

$172.12
ATR zone

Latest close ± ATR14

$269.58 - $368.46

Indicators

Trend

Dow Theory Structure

Confirmation $416.69, invalidation $262.75

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

Trend strength is moderate

19.2 / 24.0 / 19.6Bullish
Supertrend (10,3)

Price is above Supertrend

$179.25Bullish
Ichimoku Cloud

Cloud Span A / Span B

$329.42 / $274.5Bearish
Donchian Channel (20)

20-period breakout channel position

50%Range

Volatility

ATR (14)

High volatility

$49.44 (15.5%)Bearish
Bollinger Bands (20,2)

Width 44.43%

51%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$418.33 / $216.94Bearish
ATR channel lower / upper

Current Volatility Envelope

$269.58 / $368.46Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$221.56Range

Momentum

RSI (14)

Neutral zone

52.2Range
MACD (12,26,9)

Histogram is negative

-1.187Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

36.6 / 53.3Bearish
Williams %R (14)

Neutral zone

-63.4Range
CCI (20)

Balanced zone

22.5Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

45.6Range
OBV slope

20-period OBV slope

39.68%Bullish
Volume ratio

Relative to 20-period average volume

0.58xBearish

Trend

Dow Theory Structure

Confirmation $416.69, invalidation $262.75

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

Trend strength is moderate

19.2 / 24.0 / 19.6Bullish
Supertrend (10,3)

Price is above Supertrend

$179.25Bullish
Ichimoku Cloud

Cloud Span A / Span B

$329.42 / $274.5Bearish
Donchian Channel (20)

20-period breakout channel position

50%Range

Momentum

RSI (14)

Neutral zone

52.2Range
MACD (12,26,9)

Histogram is negative

-1.187Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

36.6 / 53.3Bearish
Williams %R (14)

Neutral zone

-63.4Range
CCI (20)

Balanced zone

22.5Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$49.44 (15.5%)Bearish
Bollinger Bands (20,2)

Width 44.43%

51%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$418.33 / $216.94Bearish
ATR channel lower / upper

Current Volatility Envelope

$269.58 / $368.46Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

45.6Range
OBV slope

20-period OBV slope

39.68%Bullish
Volume ratio

Relative to 20-period average volume

0.58xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$221.56Range

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