US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

3 monthsBullish83%
3M Upside probability 83%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 63.4, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $74.72 (22.17%)

3M

EMA Structure

Range
EMA 8$315.84Bullish
EMA 21$250.85Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 63.4 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $74.72 · BB 103.22%

High volatility

Strength
Bearish
Volume
MFI 64.1 · OBV -9.95%

Relative to 20-period average volume

Strength
Range
Price Levels
$51.39 - $416.69

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+45.77% · 2.1 ATR above latest close

$491.41
Nearest resistance

+23.61% · 1.1 ATR above · 29-bar high

$416.69
Current price

Price shown is delayed

$337.11
Nearest support

-84.76% · 3.8 ATR below · 29-bar low

$51.39
Deeper support zone

-106.92% · 4.8 ATR below latest close

-$23.33
ATR zone

Latest close ± ATR14

$262.39 - $411.83

Indicators

Trend

Dow Theory Structure

Confirmation $416.69, invalidation $262.75

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

Trend strength is active

61.2 / 25.2 / 9.2Bullish
Supertrend (10,3)

Price is above Supertrend

$103.49Bullish
Ichimoku Cloud

Cloud Span A / Span B

$279.46 / --Bullish
Donchian Channel (20)

20-period breakout channel position

72%Bullish

Volatility

ATR (14)

High volatility

$74.72 (22.17%)Bearish
Bollinger Bands (20,2)

Width 103.22%

79%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$423.75 / $87.69Bearish
ATR channel lower / upper

Current Volatility Envelope

$262.39 / $411.83Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$51.39Range

Momentum

RSI (14)

Momentum is strong

63.4Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

64.3 / 69.0Bearish
Williams %R (14)

Neutral zone

-35.7Range
CCI (20)

Strong expansion

108.8Bullish
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

64.1Bullish
OBV slope

20-period OBV slope

-9.95%Bearish
Volume ratio

Relative to 20-period average volume

0.38xBearish

Trend

Dow Theory Structure

Confirmation $416.69, invalidation $262.75

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

Trend strength is active

61.2 / 25.2 / 9.2Bullish
Supertrend (10,3)

Price is above Supertrend

$103.49Bullish
Ichimoku Cloud

Cloud Span A / Span B

$279.46 / --Bullish
Donchian Channel (20)

20-period breakout channel position

72%Bullish

Momentum

RSI (14)

Momentum is strong

63.4Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

64.3 / 69.0Bearish
Williams %R (14)

Neutral zone

-35.7Range
CCI (20)

Strong expansion

108.8Bullish
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$74.72 (22.17%)Bearish
Bollinger Bands (20,2)

Width 103.22%

79%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$423.75 / $87.69Bearish
ATR channel lower / upper

Current Volatility Envelope

$262.39 / $411.83Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

64.1Bullish
OBV slope

20-period OBV slope

-9.95%Bearish
Volume ratio

Relative to 20-period average volume

0.38xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.69Range
Support

Nearest Downside Decision Level

$51.39Range

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