US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

1 weekBearish63%
Weekly Downside probability 63%Bearish

CDNS 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $340.46 and stabilize above resistance $416.69.

Invalidation Trigger

Break above $416.69 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 44.0, MACD -6.253

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $29.75 (9.33%)

Weekly

EMA Structure

Range
EMA 8$338.09Bearish
EMA 21$340.46Bearish
EMA 50$330.04Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.0 · MACD -6.253

Momentum is weak

Strength
Bearish
Volatility
ATR $29.75 · BB 35.22%

High volatility

Strength
Bearish
Volume
MFI 62.2 · OBV 156.93%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$262.75 - $416.69

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+39.94% · 4.3 ATR above latest close

$446.44
Nearest resistance

+30.62% · 3.3 ATR above · 34-bar high

$416.69
Current price

Price shown is delayed

$319.02
Nearest support

-17.64% · 1.9 ATR below · 34-bar low

$262.75
Deeper support zone

-26.97% · 2.9 ATR below latest close

$232.99
ATR zone

Latest close ± ATR14

$289.27 - $348.77

Indicators

Trend

Dow Theory Structure

Confirmation $320.07, invalidation $391

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

Trend strength is active

43.5 / 14.4 / 23.2Bearish
Supertrend (10,3)

Price is above Supertrend

$239.71Bullish
Ichimoku Cloud

Cloud Span A / Span B

$345.89 / $339.72Bearish
Donchian Channel (20)

20-period breakout channel position

36%Range

Volatility

ATR (14)

High volatility

$29.75 (9.33%)Bearish
Bollinger Bands (20,2)

Width 35.22%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$395.98 / $285.64Bearish
ATR channel lower / upper

Current Volatility Envelope

$289.27 / $348.77Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$262.75Range

Momentum

RSI (14)

Momentum is weak

44.0Bearish
MACD (12,26,9)

Histogram is negative

-6.253Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.2 / 10.8Bearish
Williams %R (14)

Oversold zone

-92.8Bullish
CCI (20)

Balanced zone

-74.4Range
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

62.2Bullish
OBV slope

20-period OBV slope

156.93%Bullish
Volume ratio

Relative to 20-period average volume

0.80xBearish

Trend

Dow Theory Structure

Confirmation $320.07, invalidation $391

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

Trend strength is active

43.5 / 14.4 / 23.2Bearish
Supertrend (10,3)

Price is above Supertrend

$239.71Bullish
Ichimoku Cloud

Cloud Span A / Span B

$345.89 / $339.72Bearish
Donchian Channel (20)

20-period breakout channel position

36%Range

Momentum

RSI (14)

Momentum is weak

44.0Bearish
MACD (12,26,9)

Histogram is negative

-6.253Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.2 / 10.8Bearish
Williams %R (14)

Oversold zone

-92.8Bullish
CCI (20)

Balanced zone

-74.4Range
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volatility

ATR (14)

High volatility

$29.75 (9.33%)Bearish
Bollinger Bands (20,2)

Width 35.22%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$395.98 / $285.64Bearish
ATR channel lower / upper

Current Volatility Envelope

$289.27 / $348.77Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

62.2Bullish
OBV slope

20-period OBV slope

156.93%Bullish
Volume ratio

Relative to 20-period average volume

0.80xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$262.75Range

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