US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

3 monthsBullish79%
3M Upside probability 79%Bullish

CDNS 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

3M: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $51.39 and reclaim $416.69.

Invalidation Trigger

Lose $51.39 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 60.3, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $78.6 (25%)

3M

EMA Structure

Range
EMA 8$314.32Bullish
EMA 21$256.05Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 60.3 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $78.6 · BB 98.58%

High volatility

Strength
Bearish
Volume
MFI 57.0 · OBV -7.57%

Relative to 20-period average volume

Strength
Range
Price Levels
$51.39 - $416.69

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+57.53% · 2.3 ATR above latest close

$495.29
Nearest resistance

+32.53% · 1.3 ATR above · 30-bar high

$416.69
Current price

Price shown is delayed

$314.41
Nearest support

-83.65% · 3.3 ATR below · 30-bar low

$51.39
Deeper support zone

-108.65% · 4.3 ATR below latest close

-$27.21
ATR zone

Latest close ± ATR14

$235.8 - $393.01

Indicators

Trend

Dow Theory Structure

Confirmation $416.69, invalidation $262.75

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

Trend strength is active

59.0 / 21.0 / 8.7Bullish
Supertrend (10,3)

Price is above Supertrend

$68.62Bullish
Ichimoku Cloud

Cloud Span A / Span B

$287.54 / --Bullish
Donchian Channel (20)

20-period breakout channel position

64%Bullish

Volatility

ATR (14)

High volatility

$78.6 (25%)Bearish
Bollinger Bands (20,2)

Width 98.58%

69%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$437.6 / $83.82Bearish
ATR channel lower / upper

Current Volatility Envelope

$235.8 / $393.01Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$51.39Range

Momentum

RSI (14)

Momentum is strong

60.3Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

48.6 / 64.6Bearish
Williams %R (14)

Neutral zone

-51.4Range
CCI (20)

Balanced zone

80.0Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

57.0Bullish
OBV slope

20-period OBV slope

-7.57%Bearish
Volume ratio

Relative to 20-period average volume

0.25xBearish

Trend

Dow Theory Structure

Confirmation $416.69, invalidation $262.75

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

Trend strength is active

59.0 / 21.0 / 8.7Bullish
Supertrend (10,3)

Price is above Supertrend

$68.62Bullish
Ichimoku Cloud

Cloud Span A / Span B

$287.54 / --Bullish
Donchian Channel (20)

20-period breakout channel position

64%Bullish

Momentum

RSI (14)

Momentum is strong

60.3Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

48.6 / 64.6Bearish
Williams %R (14)

Neutral zone

-51.4Range
CCI (20)

Balanced zone

80.0Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$78.6 (25%)Bearish
Bollinger Bands (20,2)

Width 98.58%

69%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$437.6 / $83.82Bearish
ATR channel lower / upper

Current Volatility Envelope

$235.8 / $393.01Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

57.0Bullish
OBV slope

20-period OBV slope

-7.57%Bearish
Volume ratio

Relative to 20-period average volume

0.25xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$51.39Range

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