US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

4 hoursBearish67%
4h Downside probability 67%Bearish

CDNS 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $292.57 and stabilize above resistance $342.38.

Invalidation Trigger

Break above $342.38 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBullish
Momentum improving

RSI 41.0, MACD 1.990

4h
Volatility EnvironmentBullish
Low volatility

ATR is $3.93 (1.35%)

4h

EMA Structure

Bearish
EMA 8$288.61Bullish
EMA 21$292.57Bearish
EMA 50$304.37Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.0 · MACD 1.990

Momentum is weak

Strength
Bullish
Volatility
ATR $3.93 · BB 7.12%

Low volatility

Strength
Bullish
Volume
MFI 31.0 · OBV -17.52%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$281 - $342.38

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+19.41% · 14.3 ATR above latest close

$346.3
Nearest resistance

+18.06% · 13.3 ATR above · 34-bar high

$342.38
Current price

Price shown is delayed

$290
Nearest support

-3.1% · 2.3 ATR below · 34-bar low

$281
Deeper support zone

-4.46% · 3.3 ATR below latest close

$277.07
ATR zone

Latest close ± ATR14

$286.07 - $293.93

Indicators

Trend

Dow Theory Structure

Confirmation $287.98, invalidation $281

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

48.5 / 21.4 / 20.5Bullish
Supertrend (10,3)

Price is above Supertrend

$278.08Bullish
Ichimoku Cloud

Cloud Span A / Span B

$292.21 / $314.74Bearish
Donchian Channel (20)

20-period breakout channel position

33%Bearish

Volatility

ATR (14)

Low volatility

$3.93 (1.35%)Bullish
Bollinger Bands (20,2)

Width 7.12%

56%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$299.82 / $284.36Bullish
ATR channel lower / upper

Current Volatility Envelope

$286.07 / $293.93Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$342.38Range
Support

Nearest Downside Decision Level

$281Range

Momentum

RSI (14)

Momentum is weak

41.0Bearish
MACD (12,26,9)

Histogram is positive

1.990Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

73.0 / 69.0Bullish
Williams %R (14)

Neutral zone

-27.0Range
CCI (20)

Balanced zone

12.0Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

31.0Bearish
OBV slope

20-period OBV slope

-17.52%Bearish
Volume ratio

Relative to 20-period average volume

1.41xBullish

Trend

Dow Theory Structure

Confirmation $287.98, invalidation $281

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

48.5 / 21.4 / 20.5Bullish
Supertrend (10,3)

Price is above Supertrend

$278.08Bullish
Ichimoku Cloud

Cloud Span A / Span B

$292.21 / $314.74Bearish
Donchian Channel (20)

20-period breakout channel position

33%Bearish

Momentum

RSI (14)

Momentum is weak

41.0Bearish
MACD (12,26,9)

Histogram is positive

1.990Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

73.0 / 69.0Bullish
Williams %R (14)

Neutral zone

-27.0Range
CCI (20)

Balanced zone

12.0Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

Low volatility

$3.93 (1.35%)Bullish
Bollinger Bands (20,2)

Width 7.12%

56%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$299.82 / $284.36Bullish
ATR channel lower / upper

Current Volatility Envelope

$286.07 / $293.93Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

31.0Bearish
OBV slope

20-period OBV slope

-17.52%Bearish
Volume ratio

Relative to 20-period average volume

1.41xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$342.38Range
Support

Nearest Downside Decision Level

$281Range

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