US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

1 weekBearish85%
Weekly Downside probability 85%Bearish

CDNS 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $329.04 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 46.4, MACD -1.548

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $28.14 (8.95%)

Weekly

EMA Structure

Range
EMA 8$324.46Bearish
EMA 21$329.04Bearish
EMA 50$326.89Bearish

Signals

CategoryReadStrength
Momentum
RSI 46.4 · MACD -1.548

Neutral zone

Strength
Bearish
Volatility
ATR $28.14 · BB 36.68%

High volatility

Strength
Bearish
Volume
MFI 40.4 · OBV -78.24%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$263.38 - $416.69

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+41.48% · 4.6 ATR above latest close

$444.83
Nearest resistance

+32.53% · 3.6 ATR above · 34-bar high

$416.69
Current price

Price shown is delayed

$314.41
Nearest support

-16.23% · 1.8 ATR below · 34-bar low

$263.38
Deeper support zone

-25.18% · 2.8 ATR below latest close

$235.24
ATR zone

Latest close ± ATR14

$286.27 - $342.54

Indicators

Trend

Dow Theory Structure

Confirmation $361.91, invalidation $273.07

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

25.2 / 24.3 / 26.6Bearish
Supertrend (10,3)

Price is above Supertrend

$227.17Bullish
Ichimoku Cloud

Cloud Span A / Span B

$331.19 / $339.72Bearish
Donchian Channel (20)

20-period breakout channel position

31%Range

Volatility

ATR (14)

High volatility

$28.14 (8.95%)Bearish
Bollinger Bands (20,2)

Width 36.68%

31%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$389.94 / $267.83Bearish
ATR channel lower / upper

Current Volatility Envelope

$286.27 / $342.54Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$263.38Range

Momentum

RSI (14)

Neutral zone

46.4Range
MACD (12,26,9)

Histogram is negative

-1.548Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

46.5 / 51.2Bearish
Williams %R (14)

Neutral zone

-53.5Range
CCI (20)

Balanced zone

-61.9Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

40.4Bearish
OBV slope

20-period OBV slope

-78.24%Bearish
Volume ratio

Relative to 20-period average volume

0.76xBearish

Trend

Dow Theory Structure

Confirmation $361.91, invalidation $273.07

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

25.2 / 24.3 / 26.6Bearish
Supertrend (10,3)

Price is above Supertrend

$227.17Bullish
Ichimoku Cloud

Cloud Span A / Span B

$331.19 / $339.72Bearish
Donchian Channel (20)

20-period breakout channel position

31%Range

Momentum

RSI (14)

Neutral zone

46.4Range
MACD (12,26,9)

Histogram is negative

-1.548Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

46.5 / 51.2Bearish
Williams %R (14)

Neutral zone

-53.5Range
CCI (20)

Balanced zone

-61.9Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$28.14 (8.95%)Bearish
Bollinger Bands (20,2)

Width 36.68%

31%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$389.94 / $267.83Bearish
ATR channel lower / upper

Current Volatility Envelope

$286.27 / $342.54Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

40.4Bearish
OBV slope

20-period OBV slope

-78.24%Bearish
Volume ratio

Relative to 20-period average volume

0.76xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$263.38Range

Related Forecasts