US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

1 weekBullish92%
Weekly Upside probability 92%Bullish

CDNS 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $262.75 and reclaim $416.69.

Invalidation Trigger

Lose $262.75 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 61.1, MACD 4.005

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $29.14 (7.73%)

Weekly

EMA Structure

Bullish
EMA 8$373.55Bullish
EMA 21$351.55Bullish
EMA 50$331.97Bullish

Signals

CategoryReadStrength
Momentum
RSI 61.1 · MACD 4.005

Momentum is strong

Strength
Bullish
Volatility
ATR $29.14 · BB 50.64%

High volatility

Strength
Bearish
Volume
MFI 83.1 · OBV 1980.57%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$262.75 - $416.69

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+18.32% · 2.4 ATR above latest close

$445.83
Nearest resistance

+10.59% · 1.4 ATR above · 34-bar high

$416.69
Current price

Price shown is delayed

$376.8
Nearest support

-30.27% · 3.9 ATR below · 34-bar low

$262.75
Deeper support zone

-38% · 4.9 ATR below latest close

$233.6
ATR zone

Latest close ± ATR14

$347.66 - $405.94

Indicators

Trend

Dow Theory Structure

Confirmation $416.69, invalidation $358.76

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

Trend strength is active

48.6 / 31.1 / 7.2Bullish
Supertrend (10,3)

Price is above Supertrend

$295.12Bullish
Ichimoku Cloud

Cloud Span A / Span B

$356.92 / $339.72Bullish
Donchian Channel (20)

20-period breakout channel position

74%Bullish

Volatility

ATR (14)

High volatility

$29.14 (7.73%)Bearish
Bollinger Bands (20,2)

Width 50.64%

72%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$408.53 / $297.02Bearish
ATR channel lower / upper

Current Volatility Envelope

$347.66 / $405.94Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$262.75Range

Momentum

RSI (14)

Momentum is strong

61.1Bullish
MACD (12,26,9)

Histogram is positive

4.005Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

73.7 / 74.7Bearish
Williams %R (14)

Neutral zone

-26.3Range
CCI (20)

Balanced zone

65.7Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

83.1Bullish
OBV slope

20-period OBV slope

1980.57%Bullish
Volume ratio

Relative to 20-period average volume

0.18xBearish

Trend

Dow Theory Structure

Confirmation $416.69, invalidation $358.76

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

Trend strength is active

48.6 / 31.1 / 7.2Bullish
Supertrend (10,3)

Price is above Supertrend

$295.12Bullish
Ichimoku Cloud

Cloud Span A / Span B

$356.92 / $339.72Bullish
Donchian Channel (20)

20-period breakout channel position

74%Bullish

Momentum

RSI (14)

Momentum is strong

61.1Bullish
MACD (12,26,9)

Histogram is positive

4.005Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

73.7 / 74.7Bearish
Williams %R (14)

Neutral zone

-26.3Range
CCI (20)

Balanced zone

65.7Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

High volatility

$29.14 (7.73%)Bearish
Bollinger Bands (20,2)

Width 50.64%

72%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$408.53 / $297.02Bearish
ATR channel lower / upper

Current Volatility Envelope

$347.66 / $405.94Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

83.1Bullish
OBV slope

20-period OBV slope

1980.57%Bullish
Volume ratio

Relative to 20-period average volume

0.18xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$262.75Range

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