US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

3 monthsBullish84%
3M Upside probability 84%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 69.4, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $71.47 (18.96%)

3M

EMA Structure

Range
EMA 8$324.67Bullish
EMA 21$254.46Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 69.4 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $71.47 · BB 106.75%

High volatility

Strength
Bearish
Volume
MFI 66.5 · OBV -0.00%

Relative to 20-period average volume

Strength
Range
Price Levels
$51.39 - $416.69

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+29.53% · 1.6 ATR above latest close

$488.16
Nearest resistance

+10.57% · 0.6 ATR above · 29-bar high

$416.69
Current price

Price shown is delayed

$376.86
Nearest support

-86.36% · 4.6 ATR below · 29-bar low

$51.39
Deeper support zone

-105.33% · 5.6 ATR below latest close

-$20.08
ATR zone

Latest close ± ATR14

$305.39 - $448.33

Indicators

Trend

Dow Theory Structure

Confirmation $416.69, invalidation $262.75

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

Trend strength is active

61.2 / 26.4 / 9.6Bullish
Supertrend (10,3)

Price is above Supertrend

$139.94Bullish
Ichimoku Cloud

Cloud Span A / Span B

$279.46 / --Bullish
Donchian Channel (20)

20-period breakout channel position

86%Bullish

Volatility

ATR (14)

High volatility

$71.47 (18.96%)Bearish
Bollinger Bands (20,2)

Width 106.75%

92%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$418.42 / $100.59Bearish
ATR channel lower / upper

Current Volatility Envelope

$305.39 / $448.33Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$51.39Range

Momentum

RSI (14)

Momentum is strong

69.4Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

82.1 / 74.9Bullish
Williams %R (14)

Overbought zone

-17.9Bearish
CCI (20)

Strong expansion

137.3Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

66.5Bullish
OBV slope

20-period OBV slope

-0.00%Bearish
Volume ratio

Relative to 20-period average volume

0.09xBearish

Trend

Dow Theory Structure

Confirmation $416.69, invalidation $262.75

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

Trend strength is active

61.2 / 26.4 / 9.6Bullish
Supertrend (10,3)

Price is above Supertrend

$139.94Bullish
Ichimoku Cloud

Cloud Span A / Span B

$279.46 / --Bullish
Donchian Channel (20)

20-period breakout channel position

86%Bullish

Momentum

RSI (14)

Momentum is strong

69.4Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

82.1 / 74.9Bullish
Williams %R (14)

Overbought zone

-17.9Bearish
CCI (20)

Strong expansion

137.3Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volatility

ATR (14)

High volatility

$71.47 (18.96%)Bearish
Bollinger Bands (20,2)

Width 106.75%

92%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$418.42 / $100.59Bearish
ATR channel lower / upper

Current Volatility Envelope

$305.39 / $448.33Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

66.5Bullish
OBV slope

20-period OBV slope

-0.00%Bearish
Volume ratio

Relative to 20-period average volume

0.09xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$51.39Range

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