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 $263.01 and reclaim $416.68.

Invalidation Trigger

Lose $263.01 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 63.9, MACD 8.120

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $27.35 (7.21%)

Weekly

EMA Structure

Bullish
EMA 8$368.6Bullish
EMA 21$342.91Bullish
EMA 50$326.15Bullish

Signals

CategoryReadStrength
Momentum
RSI 63.9 · MACD 8.120

Momentum is strong

Strength
Bullish
Volatility
ATR $27.35 · BB 50.76%

High volatility

Strength
Bearish
Volume
MFI 77.8 · OBV 57.53%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$263.01 - $416.68

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+17.14% · 2.4 ATR above latest close

$444.03
Nearest resistance

+9.93% · 1.4 ATR above · 34-bar high

$416.68
Current price

Price shown is delayed

$379.05
Nearest support

-30.61% · 4.2 ATR below · 34-bar low

$263.01
Deeper support zone

-37.83% · 5.2 ATR below latest close

$235.66
ATR zone

Latest close ± ATR14

$351.7 - $406.4

Indicators

Trend

Dow Theory Structure

Confirmation $416.68, invalidation $332.26

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

Trend strength is active

45.8 / 35.3 / 5.4Bullish
Supertrend (10,3)

Price is above Supertrend

$304.26Bullish
Ichimoku Cloud

Cloud Span A / Span B

$353.01 / $339.85Bullish
Donchian Channel (20)

20-period breakout channel position

75%Bullish

Volatility

ATR (14)

High volatility

$27.35 (7.21%)Bearish
Bollinger Bands (20,2)

Width 50.76%

81%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$396.45 / $291.68Bearish
ATR channel lower / upper

Current Volatility Envelope

$351.7 / $406.4Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.68Range
Support

Nearest Downside Decision Level

$263.01Range

Momentum

RSI (14)

Momentum is strong

63.9Bullish
MACD (12,26,9)

Histogram is positive

8.120Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

75.5 / 78.5Bearish
Williams %R (14)

Neutral zone

-24.5Range
CCI (20)

Balanced zone

94.0Range
TD Sequential

Exhaustion setup is near completion

sell 11Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

77.8Bullish
OBV slope

20-period OBV slope

57.53%Bullish
Volume ratio

Relative to 20-period average volume

0.12xBearish

Trend

Dow Theory Structure

Confirmation $416.68, invalidation $332.26

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

Trend strength is active

45.8 / 35.3 / 5.4Bullish
Supertrend (10,3)

Price is above Supertrend

$304.26Bullish
Ichimoku Cloud

Cloud Span A / Span B

$353.01 / $339.85Bullish
Donchian Channel (20)

20-period breakout channel position

75%Bullish

Momentum

RSI (14)

Momentum is strong

63.9Bullish
MACD (12,26,9)

Histogram is positive

8.120Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

75.5 / 78.5Bearish
Williams %R (14)

Neutral zone

-24.5Range
CCI (20)

Balanced zone

94.0Range
TD Sequential

Exhaustion setup is near completion

sell 11Bearish

Volatility

ATR (14)

High volatility

$27.35 (7.21%)Bearish
Bollinger Bands (20,2)

Width 50.76%

81%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$396.45 / $291.68Bearish
ATR channel lower / upper

Current Volatility Envelope

$351.7 / $406.4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

77.8Bullish
OBV slope

20-period OBV slope

57.53%Bullish
Volume ratio

Relative to 20-period average volume

0.12xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.68Range
Support

Nearest Downside Decision Level

$263.01Range

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