US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

1 weekBearish79%
Weekly Downside probability 79%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 $331.87 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 38.7, MACD -8.754

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $28.91 (9.99%)

Weekly

EMA Structure

Range
EMA 8$319.73Bearish
EMA 21$331.87Bearish
EMA 50$327.41Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.7 · MACD -8.754

Momentum is weak

Strength
Bearish
Volatility
ATR $28.91 · BB 33.38%

High volatility

Strength
Bearish
Volume
MFI 46.9 · OBV 49.86%

Relative to 20-period average volume

Strength
Range
Price Levels
$262.75 - $416.69

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+53.99% · 5.4 ATR above latest close

$445.6
Nearest resistance

+44% · 4.4 ATR above · 34-bar high

$416.69
Current price

Price shown is delayed

$289.37
Nearest support

-9.2% · 0.9 ATR below · 34-bar low

$262.75
Deeper support zone

-19.19% · 1.9 ATR below latest close

$233.84
ATR zone

Latest close ± ATR14

$260.46 - $318.28

Indicators

Trend

Dow Theory Structure

Confirmation $320.07, invalidation $347.72

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

Trend strength is active

40.1 / 5.6 / 32.0Bearish
Supertrend (10,3)

Price is above Supertrend

$196.58Bullish
Ichimoku Cloud

Cloud Span A / Span B

$338.18 / $339.72Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Volatility

ATR (14)

High volatility

$28.91 (9.99%)Bearish
Bollinger Bands (20,2)

Width 33.38%

-1%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$392.45 / $271.02Bearish
ATR channel lower / upper

Current Volatility Envelope

$260.46 / $318.28Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$262.75Range

Momentum

RSI (14)

Momentum is weak

38.7Bearish
MACD (12,26,9)

Histogram is negative

-8.754Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

6.2 / 12.5Bearish
Williams %R (14)

Oversold zone

-93.8Bullish
CCI (20)

Weak expansion

-177.2Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.9Range
OBV slope

20-period OBV slope

49.86%Bullish
Volume ratio

Relative to 20-period average volume

0.78xBearish

Trend

Dow Theory Structure

Confirmation $320.07, invalidation $347.72

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

Trend strength is active

40.1 / 5.6 / 32.0Bearish
Supertrend (10,3)

Price is above Supertrend

$196.58Bullish
Ichimoku Cloud

Cloud Span A / Span B

$338.18 / $339.72Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Momentum

RSI (14)

Momentum is weak

38.7Bearish
MACD (12,26,9)

Histogram is negative

-8.754Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

6.2 / 12.5Bearish
Williams %R (14)

Oversold zone

-93.8Bullish
CCI (20)

Weak expansion

-177.2Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$28.91 (9.99%)Bearish
Bollinger Bands (20,2)

Width 33.38%

-1%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$392.45 / $271.02Bearish
ATR channel lower / upper

Current Volatility Envelope

$260.46 / $318.28Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.9Range
OBV slope

20-period OBV slope

49.86%Bullish
Volume ratio

Relative to 20-period average volume

0.78xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$262.75Range

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