{ "ticker": { "uuid": "4ea3ee64-b92e-4a79-bd01-195e4eb8cd37", "symbol": "CDNS", "name": "Cadence Design Systems Inc", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 5.823, "architecture_energy": 22.072, "architecture_maturity": 60.907, "architecture_confidence": 77.481, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 54.12, "rotation_up": 18.21, "upward_expansion": 43.79, "deceleration": 84.89, "rotation_down": 45.93, "downward_expansion": 35.46 }, "activity_lines": [ 338.626, 352.024545, 355.035619, 343.009247 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 339.24, "trend_reference": 328.628667, "distance_from_trend": 0.03229, "trend_direction": "Improving", "fair_value": 299.281731, "distance_from_fair_value": 0.133514, "fair_value_direction": "Weakening", "relative_strength": -10.10629, "relative_strength_direction": "Weakening", "price_momentum": 0.196529, "excess_performance": 0.009076, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.03229, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.046056, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.133514, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.124602, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.101063, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.04355, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.196529, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.291541, "read": "Demand-led" } ], "volume": { "latest": 9118604, "relative_activity": 0.786501, "balance": 1.291541, "dry_up": 1.054771, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.089152, "annualized_volatility": 0.391778, "from_high_reference": -0.18587, "from_low_reference": 0.291118 }, "levels": { "trend_reference": 328.628667, "fair_value_reference": 299.281731, "structural_low": 263.38, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 8, "median_return": 0.088354, "positive_rate": 0.875, "directional_follow_through": 0.875, "median_excess_return": 0.021579, "regime_survival": 0.25, "best_return": 0.164719, "worst_return": -0.102392, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.028021, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.025437, "regime_survival": 0.166667, "best_return": 0.216368, "worst_return": -0.060352, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.047899, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.041987, "regime_survival": 0.0, "best_return": 0.25939, "worst_return": -0.038387, "sufficient": true }, { 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"2026-07-24", "close": 326.24, "volume": 12157147, "typical_volume": 11322618.45, "trend": 327.243667, "fair_value": 297.844615, "relative_strength": -9.642579, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.81489, "energy": 19.023464, "activity_lines": [ 348.513333, 362.021091, 355.071476, 341.47471 ] }, { "date": "2026-07-31", "close": 340.02, "volume": 16764118, "typical_volume": 11610328.75, "trend": 328.231, "fair_value": 298.556282, "relative_strength": -5.816732, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.714093, "energy": 21.510929, "activity_lines": [ 342.458, 356.788545, 355.216857, 342.298989 ] }, { "date": "2026-08-07", "close": 339.24, "volume": 9118604, "typical_volume": 11593888.8, "trend": 328.628667, "fair_value": 299.281731, "relative_strength": -10.10629, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.82292, "energy": 22.071585, "activity_lines": [ 338.626, 352.024545, 355.035619, 343.009247 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }