US stock / ETF

Cadence Design Systems, Inc.

CDNS · NASDAQ · USD

4 hoursBullish91%
4h Upside probability 91%Bullish

CDNS 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Hold above $299.27 and reclaim $357.95.

Invalidation Trigger

Lose $299.27 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 73.1, MACD 0.952

4h
Volatility EnvironmentRange
Low volatility

ATR is $7.19 (2.04%)

4h

EMA Structure

Bullish
EMA 8$346.68Bullish
EMA 21$335.95Bullish
EMA 50$321.5Bullish

Signals

CategoryReadStrength
Momentum
RSI 73.1 · MACD 0.952

Momentum is strong

Strength
Bullish
Volatility
ATR $7.19 · BB 14.12%

Low volatility

Strength
Range
Volume
MFI 86.3 · OBV 41.65%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$299.27 - $357.95

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3.87% · 1.9 ATR above latest close

$365.14
Nearest resistance

+1.82% · 0.9 ATR above · 34-bar high

$357.95
Current price

Price shown is delayed

$351.55
Nearest support

-14.87% · 7.3 ATR below · 34-bar low

$299.27
Deeper support zone

-16.92% · 8.3 ATR below latest close

$292.08
ATR zone

Latest close ± ATR14

$344.36 - $358.74

Indicators

Trend

Dow Theory Structure

Confirmation $357.95, invalidation $316.77

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

Trend strength is active

29.6 / 41.8 / 11.2Bullish
Supertrend (10,3)

Price is above Supertrend

$328Bullish
Ichimoku Cloud

Cloud Span A / Span B

$340.71 / $316.07Bullish
Donchian Channel (20)

20-period breakout channel position

84%Bullish

Volatility

ATR (14)

Low volatility

$7.19 (2.04%)Range
Bollinger Bands (20,2)

Width 14.12%

85%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$351.94 / $321.43Range
ATR channel lower / upper

Current Volatility Envelope

$344.36 / $358.74Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$357.95Range
Support

Nearest Downside Decision Level

$299.27Range

Momentum

RSI (14)

Momentum is strong

73.1Bullish
MACD (12,26,9)

Histogram is positive

0.952Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

84.5 / 79.6Bullish
Williams %R (14)

Overbought zone

-15.5Bearish
CCI (20)

Strong expansion

107.5Bullish
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

86.3Bullish
OBV slope

20-period OBV slope

41.65%Bullish
Volume ratio

Relative to 20-period average volume

1.48xBullish

Trend

Dow Theory Structure

Confirmation $357.95, invalidation $316.77

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

Trend strength is active

29.6 / 41.8 / 11.2Bullish
Supertrend (10,3)

Price is above Supertrend

$328Bullish
Ichimoku Cloud

Cloud Span A / Span B

$340.71 / $316.07Bullish
Donchian Channel (20)

20-period breakout channel position

84%Bullish

Momentum

RSI (14)

Momentum is strong

73.1Bullish
MACD (12,26,9)

Histogram is positive

0.952Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

84.5 / 79.6Bullish
Williams %R (14)

Overbought zone

-15.5Bearish
CCI (20)

Strong expansion

107.5Bullish
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$7.19 (2.04%)Range
Bollinger Bands (20,2)

Width 14.12%

85%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$351.94 / $321.43Range
ATR channel lower / upper

Current Volatility Envelope

$344.36 / $358.74Range

Volume / Money Flow

MFI (14)

Money flow is strong

86.3Bullish
OBV slope

20-period OBV slope

41.65%Bullish
Volume ratio

Relative to 20-period average volume

1.48xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$357.95Range
Support

Nearest Downside Decision Level

$299.27Range

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