US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

3 monthsBullish82%
3M Upside probability 82%Bullish

CDNS 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $98 and reclaim $416.68.

Invalidation Trigger

Lose $98 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 69.3, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $73.12 (19.29%)

3M

EMA Structure

Range
EMA 8$310.71Bullish
EMA 21$243.66Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 69.3 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $73.12 · BB 109.80%

High volatility

Strength
Bearish
Volume
MFI 67.1 · OBV 15.60%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$98 - $416.68

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+29.22% · 1.5 ATR above latest close

$489.8
Nearest resistance

+9.93% · 0.5 ATR above · 24-bar high

$416.68
Current price

Price shown is delayed

$379.05
Nearest support

-74.15% · 3.8 ATR below · 24-bar low

$98
Deeper support zone

-93.44% · 4.8 ATR below latest close

$24.88
ATR zone

Latest close ± ATR14

$305.93 - $452.17

Indicators

Trend

Dow Theory Structure

Confirmation $376.33, invalidation $263.01

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$88.04Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

87%Bullish

Volatility

ATR (14)

High volatility

$73.12 (19.29%)Bearish
Bollinger Bands (20,2)

Width 109.80%

97%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$417.84 / $81.84Bearish
ATR channel lower / upper

Current Volatility Envelope

$305.93 / $452.17Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.68Range
Support

Nearest Downside Decision Level

$98Range

Momentum

RSI (14)

Momentum is strong

69.3Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

85.6 / 72.5Bullish
Williams %R (14)

Overbought zone

-14.4Bearish
CCI (20)

Strong expansion

121.1Bullish
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

67.1Bullish
OBV slope

20-period OBV slope

15.60%Bullish
Volume ratio

Relative to 20-period average volume

1.15xBullish

Trend

Dow Theory Structure

Confirmation $376.33, invalidation $263.01

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$88.04Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

87%Bullish

Momentum

RSI (14)

Momentum is strong

69.3Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

85.6 / 72.5Bullish
Williams %R (14)

Overbought zone

-14.4Bearish
CCI (20)

Strong expansion

121.1Bullish
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

High volatility

$73.12 (19.29%)Bearish
Bollinger Bands (20,2)

Width 109.80%

97%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$417.84 / $81.84Bearish
ATR channel lower / upper

Current Volatility Envelope

$305.93 / $452.17Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

67.1Bullish
OBV slope

20-period OBV slope

15.60%Bullish
Volume ratio

Relative to 20-period average volume

1.15xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.68Range
Support

Nearest Downside Decision Level

$98Range

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