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 62.8, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $78.66 (23.6%)

3M

EMA Structure

Range
EMA 8$318.53Bullish
EMA 21$257.77Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 62.8 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $78.66 · BB 99.48%

High volatility

Strength
Bearish
Volume
MFI 59.9 · OBV 14.18%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$51.39 - $416.69

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+48.61% · 2.1 ATR above latest close

$495.35
Nearest resistance

+25.01% · 1.1 ATR above · 30-bar high

$416.69
Current price

Price shown is delayed

$333.32
Nearest support

-84.58% · 3.6 ATR below · 30-bar low

$51.39
Deeper support zone

-108.18% · 4.6 ATR below latest close

-$27.27
ATR zone

Latest close ± ATR14

$254.66 - $411.98

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

$67.97Bullish
Ichimoku Cloud

Cloud Span A / Span B

$287.54 / --Bullish
Donchian Channel (20)

20-period breakout channel position

71%Bullish

Volatility

ATR (14)

High volatility

$78.66 (23.6%)Bearish
Bollinger Bands (20,2)

Width 99.48%

75%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$439.57 / $85.46Bearish
ATR channel lower / upper

Current Volatility Envelope

$254.66 / $411.98Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$51.39Range

Momentum

RSI (14)

Momentum is strong

62.8Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

58.1 / 67.8Bearish
Williams %R (14)

Neutral zone

-41.9Range
CCI (20)

Balanced zone

86.6Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

59.9Bullish
OBV slope

20-period OBV slope

14.18%Bullish
Volume ratio

Relative to 20-period average volume

0.50xBearish

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

$67.97Bullish
Ichimoku Cloud

Cloud Span A / Span B

$287.54 / --Bullish
Donchian Channel (20)

20-period breakout channel position

71%Bullish

Momentum

RSI (14)

Momentum is strong

62.8Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

58.1 / 67.8Bearish
Williams %R (14)

Neutral zone

-41.9Range
CCI (20)

Balanced zone

86.6Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$78.66 (23.6%)Bearish
Bollinger Bands (20,2)

Width 99.48%

75%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$439.57 / $85.46Bearish
ATR channel lower / upper

Current Volatility Envelope

$254.66 / $411.98Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

59.9Bullish
OBV slope

20-period OBV slope

14.18%Bullish
Volume ratio

Relative to 20-period average volume

0.50xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$51.39Range

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