US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

4 hoursBearish74%
4h Downside probability 74%Bearish

CDNS 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $338.22 and stabilize above resistance $363.

Invalidation Trigger

Break above $363 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 46.7, MACD 0.346

4h
Volatility EnvironmentRange
Low volatility

ATR is $7.21 (2.15%)

4h

EMA Structure

Bearish
EMA 8$337.28Bearish
EMA 21$338.22Bearish
EMA 50$343.77Bearish

Signals

CategoryReadStrength
Momentum
RSI 46.7 · MACD 0.346

Neutral zone

Strength
Bearish
Volatility
ATR $7.21 · BB 6.48%

Low volatility

Strength
Range
Volume
MFI 25.1 · OBV -19.40%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$325.99 - $363

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+10.13% · 4.7 ATR above latest close

$370.21
Nearest resistance

+7.99% · 3.7 ATR above · 34-bar high

$363
Current price

Price shown is delayed

$336.15
Nearest support

-3.02% · 1.4 ATR below · 34-bar low

$325.99
Deeper support zone

-5.17% · 2.4 ATR below latest close

$318.78
ATR zone

Latest close ± ATR14

$328.94 - $343.36

Indicators

Trend

Dow Theory Structure

Confirmation $351, invalidation $332.19

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

Trend strength is moderate

11.5 / 24.7 / 20.4Bullish
Supertrend (10,3)

Price is above Supertrend

$314.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$342.52 / $349.45Bearish
Donchian Channel (20)

20-period breakout channel position

34%Bearish

Volatility

ATR (14)

Low volatility

$7.21 (2.15%)Range
Bollinger Bands (20,2)

Width 6.48%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$351.61 / $324.61Range
ATR channel lower / upper

Current Volatility Envelope

$328.94 / $343.36Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$363Range
Support

Nearest Downside Decision Level

$325.99Range

Momentum

RSI (14)

Neutral zone

46.7Range
MACD (12,26,9)

Histogram is positive

0.346Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

29.0 / 32.1Bearish
Williams %R (14)

Neutral zone

-71.0Range
CCI (20)

Balanced zone

-62.9Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

25.1Bearish
OBV slope

20-period OBV slope

-19.40%Bearish
Volume ratio

Relative to 20-period average volume

1.40xBullish

Trend

Dow Theory Structure

Confirmation $351, invalidation $332.19

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

Trend strength is moderate

11.5 / 24.7 / 20.4Bullish
Supertrend (10,3)

Price is above Supertrend

$314.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$342.52 / $349.45Bearish
Donchian Channel (20)

20-period breakout channel position

34%Bearish

Momentum

RSI (14)

Neutral zone

46.7Range
MACD (12,26,9)

Histogram is positive

0.346Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

29.0 / 32.1Bearish
Williams %R (14)

Neutral zone

-71.0Range
CCI (20)

Balanced zone

-62.9Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$7.21 (2.15%)Range
Bollinger Bands (20,2)

Width 6.48%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$351.61 / $324.61Range
ATR channel lower / upper

Current Volatility Envelope

$328.94 / $343.36Range

Volume / Money Flow

MFI (14)

Money flow is weak

25.1Bearish
OBV slope

20-period OBV slope

-19.40%Bearish
Volume ratio

Relative to 20-period average volume

1.40xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$363Range
Support

Nearest Downside Decision Level

$325.99Range

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