US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

4 hoursBearish77%
4h Downside probability 77%Bearish

CDNS 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $319.96 and stabilize above resistance $345.87.

Invalidation Trigger

Break above $345.87 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 40.9, MACD -0.270

4h
Volatility EnvironmentRange
Low volatility

ATR is $5.32 (1.69%)

4h

EMA Structure

Bearish
EMA 8$315.08Bearish
EMA 21$319.96Bearish
EMA 50$326.32Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.9 · MACD -0.270

Momentum is weak

Strength
Bearish
Volatility
ATR $5.32 · BB 7.97%

Low volatility

Strength
Range
Volume
MFI 52.2 · OBV -26.96%

Relative to 20-period average volume

Strength
Range
Price Levels
$306 - $345.87

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+11.7% · 6.9 ATR above latest close

$351.19
Nearest resistance

+10.01% · 5.9 ATR above · 34-bar high

$345.87
Current price

Price shown is delayed

$314.41
Nearest support

-2.67% · 1.6 ATR below · 34-bar low

$306
Deeper support zone

-4.36% · 2.6 ATR below latest close

$300.68
ATR zone

Latest close ± ATR14

$309.09 - $319.72

Indicators

Trend

Dow Theory Structure

Confirmation $331.43, invalidation $306.39

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

Trend strength is moderate

21.4 / 23.7 / 30.0Bearish
Supertrend (10,3)

Price is above Supertrend

$296.66Bullish
Ichimoku Cloud

Cloud Span A / Span B

$318.72 / $333.74Bearish
Donchian Channel (20)

20-period breakout channel position

33%Bearish

Volatility

ATR (14)

Low volatility

$5.32 (1.69%)Range
Bollinger Bands (20,2)

Width 7.97%

27%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$332.25 / $306.96Range
ATR channel lower / upper

Current Volatility Envelope

$309.09 / $319.72Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$345.87Range
Support

Nearest Downside Decision Level

$306Range

Momentum

RSI (14)

Momentum is weak

40.9Bearish
MACD (12,26,9)

Histogram is negative

-0.270Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

33.0 / 27.3Bullish
Williams %R (14)

Neutral zone

-67.0Range
CCI (20)

Balanced zone

-66.3Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.2Range
OBV slope

20-period OBV slope

-26.96%Bearish
Volume ratio

Relative to 20-period average volume

1.01xRange

Trend

Dow Theory Structure

Confirmation $331.43, invalidation $306.39

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

Trend strength is moderate

21.4 / 23.7 / 30.0Bearish
Supertrend (10,3)

Price is above Supertrend

$296.66Bullish
Ichimoku Cloud

Cloud Span A / Span B

$318.72 / $333.74Bearish
Donchian Channel (20)

20-period breakout channel position

33%Bearish

Momentum

RSI (14)

Momentum is weak

40.9Bearish
MACD (12,26,9)

Histogram is negative

-0.270Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

33.0 / 27.3Bullish
Williams %R (14)

Neutral zone

-67.0Range
CCI (20)

Balanced zone

-66.3Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$5.32 (1.69%)Range
Bollinger Bands (20,2)

Width 7.97%

27%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$332.25 / $306.96Range
ATR channel lower / upper

Current Volatility Envelope

$309.09 / $319.72Range

Volume / Money Flow

MFI (14)

Money flow is neutral

52.2Range
OBV slope

20-period OBV slope

-26.96%Bearish
Volume ratio

Relative to 20-period average volume

1.01xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$345.87Range
Support

Nearest Downside Decision Level

$306Range

Related Forecasts