US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

4 hoursBearish78%
4h Downside probability 78%Bearish

CDNS 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $385.45 and stabilize above resistance $416.68.

Invalidation Trigger

Break above $416.68 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 41.7, MACD -2.172

4h
Volatility EnvironmentRange
Medium volatility

ATR is $9.29 (2.49%)

4h

EMA Structure

Range
EMA 8$381.51Bearish
EMA 21$385.45Bearish
EMA 50$379.87Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.7 · MACD -2.172

Momentum is weak

Strength
Bearish
Volatility
ATR $9.29 · BB 6.33%

Medium volatility

Strength
Range
Volume
MFI 29.4 · OBV -44.51%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$372.58 - $416.68

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+13.9% · 5.6 ATR above latest close

$425.97
Nearest resistance

+11.41% · 4.6 ATR above · 34-bar high

$416.68
Current price

Price shown is delayed

$374
Nearest support

-0.38% · 0.2 ATR below · 34-bar low

$372.58
Deeper support zone

-2.86% · 1.2 ATR below latest close

$363.29
ATR zone

Latest close ± ATR14

$364.71 - $383.29

Indicators

Trend

Dow Theory Structure

Confirmation $403.24, invalidation $387.05

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

Trend strength is moderate

14.4 / 17.4 / 18.6Bearish
Supertrend (10,3)

Price is above Supertrend

$346.47Bullish
Ichimoku Cloud

Cloud Span A / Span B

$388.74 / $374.47Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Volatility

ATR (14)

Medium volatility

$9.29 (2.49%)Range
Bollinger Bands (20,2)

Width 6.33%

-1%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$405.18 / $365.55Range
ATR channel lower / upper

Current Volatility Envelope

$364.71 / $383.29Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.68Range
Support

Nearest Downside Decision Level

$372.58Range

Momentum

RSI (14)

Momentum is weak

41.7Bearish
MACD (12,26,9)

Histogram is negative

-2.172Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

4.6 / 10.8Bearish
Williams %R (14)

Oversold zone

-95.4Bullish
CCI (20)

Weak expansion

-150.5Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

29.4Bearish
OBV slope

20-period OBV slope

-44.51%Bearish
Volume ratio

Relative to 20-period average volume

0.78xBearish

Trend

Dow Theory Structure

Confirmation $403.24, invalidation $387.05

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

Trend strength is moderate

14.4 / 17.4 / 18.6Bearish
Supertrend (10,3)

Price is above Supertrend

$346.47Bullish
Ichimoku Cloud

Cloud Span A / Span B

$388.74 / $374.47Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Momentum

RSI (14)

Momentum is weak

41.7Bearish
MACD (12,26,9)

Histogram is negative

-2.172Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

4.6 / 10.8Bearish
Williams %R (14)

Oversold zone

-95.4Bullish
CCI (20)

Weak expansion

-150.5Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Medium volatility

$9.29 (2.49%)Range
Bollinger Bands (20,2)

Width 6.33%

-1%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$405.18 / $365.55Range
ATR channel lower / upper

Current Volatility Envelope

$364.71 / $383.29Range

Volume / Money Flow

MFI (14)

Money flow is weak

29.4Bearish
OBV slope

20-period OBV slope

-44.51%Bearish
Volume ratio

Relative to 20-period average volume

0.78xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$416.68Range
Support

Nearest Downside Decision Level

$372.58Range

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