{ "ticker": { "uuid": "60a5dfd0-3264-4fb6-b758-c87ed4b8d32a", "symbol": "CNNE", "name": "Cannae Holdings Inc", "exchange": "NYSE", "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": "SPY", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 94.85, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 57.25, "architecture_energy": 38.471, "architecture_maturity": 20.247, "architecture_confidence": 70.012, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 25.95, "rotation_up": 50.2, "upward_expansion": 78.24, "deceleration": 56.91, "rotation_down": 22.41, "downward_expansion": 4.91 }, "activity_lines": [ 14.718667, 14.621864, 14.270395, 13.792362 ], "activity_state": "Moderate", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 14.78, "trend_reference": 13.486661, "distance_from_trend": 0.095898, "trend_direction": "Weakening", "fair_value": 17.159693, "distance_from_fair_value": -0.138679, "fair_value_direction": "Improving", "relative_strength": -11.986074, "relative_strength_direction": "Improving", "price_momentum": 0.06254, "excess_performance": -0.063085, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.095898, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.028597, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.138679, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.059948, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.119861, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.11285, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.06254, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.936599, "read": "Supply-led" } ], "volume": { "latest": 2243340, "relative_activity": 0.912303, "balance": 0.936599, "dry_up": 0.89854, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.069664, "annualized_volatility": 0.329598, "from_high_reference": -0.239231, "from_low_reference": 0.428098 }, "levels": { "trend_reference": 13.486661, "fair_value_reference": 17.159693, "structural_low": 10.349429, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 12, "median_return": -0.057885, "positive_rate": 0.416667, "directional_follow_through": 0.416667, "median_excess_return": -0.062878, "regime_survival": 0.5, "best_return": 0.133976, "worst_return": -0.186465, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.084072, "positive_rate": 0.166667, "directional_follow_through": 0.166667, "median_excess_return": -0.122781, "regime_survival": 0.166667, "best_return": 0.000967, "worst_return": -0.297705, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.169499, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.231001, "regime_survival": 0.0, "best_return": -0.069389, "worst_return": -0.390938, "sufficient": 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30.801278, "activity_lines": [ 14.3615, 14.209195, 13.558759, 13.422128 ] }, { "date": "2026-07-10", "close": 14.59, "volume": 1604096, "typical_volume": 2903634.25, "trend": 13.591844, "fair_value": 17.260648, "relative_strength": -14.824079, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.760526, "energy": 29.725717, "activity_lines": [ 14.461838, 14.309047, 13.713472, 13.482834 ] }, { "date": "2026-07-17", "close": 14.95, "volume": 2552367, "typical_volume": 2782574.25, "trend": 13.565945, "fair_value": 17.232324, "relative_strength": -10.348163, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.840366, "energy": 56.946835, "activity_lines": [ 14.662, 14.454999, 13.894395, 13.570457 ] }, { "date": "2026-07-24", "close": 14.73, "volume": 1989225, "typical_volume": 2689610.95, "trend": 13.540853, "fair_value": 17.206226, "relative_strength": -10.12241, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.303667, "energy": 54.031824, "activity_lines": [ 14.743333, 14.544406, 14.039925, 13.645557 ] }, { "date": "2026-07-31", "close": 14.55, "volume": 2053059, "typical_volume": 2605287.05, "trend": 13.513668, "fair_value": 17.180524, "relative_strength": -11.192623, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.344043, "energy": 41.951268, "activity_lines": [ 14.694667, 14.56983, 14.152081, 13.710664 ] }, { "date": "2026-08-07", "close": 14.78, "volume": 2243340, "typical_volume": 2458986.85, "trend": 13.486661, "fair_value": 17.159693, "relative_strength": -11.986074, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.250332, "energy": 38.471355, "activity_lines": [ 14.718667, 14.621864, 14.270395, 13.792362 ] } ], "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." } } }