US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

3 monthsBullish87%
3M Upside probability 87%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 64.3, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $76.59 (21.8%)

3M

EMA Structure

Range
EMA 8$322.53Bullish
EMA 21$259.41Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 64.3 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $76.59 · BB 100.68%

High volatility

Strength
Bearish
Volume
MFI 58.4 · OBV 1.23%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$51.39 - $416.69

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+40.4% · 1.9 ATR above latest close

$493.28
Nearest resistance

+18.6% · 0.9 ATR above · 30-bar high

$416.69
Current price

Price shown is delayed

$351.35
Nearest support

-85.37% · 3.9 ATR below · 30-bar low

$51.39
Deeper support zone

-107.17% · 4.9 ATR below latest close

-$25.2
ATR zone

Latest close ± ATR14

$274.76 - $427.94

Indicators

Trend

Dow Theory Structure

Confirmation $416.69, invalidation $262.75

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

Trend strength is active

59.0 / 21.6 / 9.0Bullish
Supertrend (10,3)

Price is above Supertrend

$91.01Bullish
Ichimoku Cloud

Cloud Span A / Span B

$287.54 / --Bullish
Donchian Channel (20)

20-period breakout channel position

77%Bullish

Volatility

ATR (14)

High volatility

$76.59 (21.8%)Bearish
Bollinger Bands (20,2)

Width 100.68%

81%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$435.49 / $92.97Bearish
ATR channel lower / upper

Current Volatility Envelope

$274.76 / $427.94Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$51.39Range

Momentum

RSI (14)

Momentum is strong

64.3Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

67.2 / 70.8Bearish
Williams %R (14)

Neutral zone

-32.8Range
CCI (20)

Strong expansion

103.4Bullish
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

58.4Bullish
OBV slope

20-period OBV slope

1.23%Bullish
Volume ratio

Relative to 20-period average volume

0.06xBearish

Trend

Dow Theory Structure

Confirmation $416.69, invalidation $262.75

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

Trend strength is active

59.0 / 21.6 / 9.0Bullish
Supertrend (10,3)

Price is above Supertrend

$91.01Bullish
Ichimoku Cloud

Cloud Span A / Span B

$287.54 / --Bullish
Donchian Channel (20)

20-period breakout channel position

77%Bullish

Momentum

RSI (14)

Momentum is strong

64.3Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

67.2 / 70.8Bearish
Williams %R (14)

Neutral zone

-32.8Range
CCI (20)

Strong expansion

103.4Bullish
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$76.59 (21.8%)Bearish
Bollinger Bands (20,2)

Width 100.68%

81%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$435.49 / $92.97Bearish
ATR channel lower / upper

Current Volatility Envelope

$274.76 / $427.94Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

58.4Bullish
OBV slope

20-period OBV slope

1.23%Bullish
Volume ratio

Relative to 20-period average volume

0.06xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$51.39Range

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