US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

1 weekBullish56%
Weekly Upside probability 56%Bullish

CDNS 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $263.38 and reclaim $416.69.

Invalidation Trigger

Lose $263.38 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

Weekly
Momentum StateRange
Momentum mixed

RSI 55.0, MACD -3.094

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $30.75 (8.75%)

Weekly

EMA Structure

Range
EMA 8$322.91Bullish
EMA 21$329.48Bullish
EMA 50$326.69Bullish

Signals

CategoryReadStrength
Momentum
RSI 55.0 · MACD -3.094

Neutral zone

Strength
Range
Volatility
ATR $30.75 · BB 37.84%

High volatility

Strength
Bearish
Volume
MFI 47.5 · OBV 32.48%

Relative to 20-period average volume

Strength
Range
Price Levels
$263.38 - $416.69

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+27.35% · 3.1 ATR above latest close

$447.44
Nearest resistance

+18.6% · 2.1 ATR above · 34-bar high

$416.69
Current price

Price shown is delayed

$351.35
Nearest support

-25.04% · 2.9 ATR below · 34-bar low

$263.38
Deeper support zone

-33.79% · 3.9 ATR below latest close

$232.63
ATR zone

Latest close ± ATR14

$320.6 - $382.1

Indicators

Trend

Dow Theory Structure

Confirmation $273.07, invalidation $347.72

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

33.9 / 21.3 / 25.9Bearish
Supertrend (10,3)

Price is above Supertrend

$247.24Bullish
Ichimoku Cloud

Cloud Span A / Span B

$327.77 / $339.72Bullish
Donchian Channel (20)

20-period breakout channel position

55%Range

Volatility

ATR (14)

High volatility

$30.75 (8.75%)Bearish
Bollinger Bands (20,2)

Width 37.84%

55%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$388.47 / $270.16Bearish
ATR channel lower / upper

Current Volatility Envelope

$320.6 / $382.1Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$263.38Range

Momentum

RSI (14)

Neutral zone

55.0Range
MACD (12,26,9)

Histogram is negative

-3.094Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

66.4 / 39.5Bullish
Williams %R (14)

Neutral zone

-33.6Range
CCI (20)

Balanced zone

-11.7Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.5Range
OBV slope

20-period OBV slope

32.48%Bullish
Volume ratio

Relative to 20-period average volume

1.17xBullish

Trend

Dow Theory Structure

Confirmation $273.07, invalidation $347.72

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

33.9 / 21.3 / 25.9Bearish
Supertrend (10,3)

Price is above Supertrend

$247.24Bullish
Ichimoku Cloud

Cloud Span A / Span B

$327.77 / $339.72Bullish
Donchian Channel (20)

20-period breakout channel position

55%Range

Momentum

RSI (14)

Neutral zone

55.0Range
MACD (12,26,9)

Histogram is negative

-3.094Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

66.4 / 39.5Bullish
Williams %R (14)

Neutral zone

-33.6Range
CCI (20)

Balanced zone

-11.7Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$30.75 (8.75%)Bearish
Bollinger Bands (20,2)

Width 37.84%

55%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$388.47 / $270.16Bearish
ATR channel lower / upper

Current Volatility Envelope

$320.6 / $382.1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.5Range
OBV slope

20-period OBV slope

32.48%Bullish
Volume ratio

Relative to 20-period average volume

1.17xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$263.38Range

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