{
  "ticker": {
    "uuid": "80df4918-53f7-4cbe-84a1-1cc70d98acce",
    "symbol": "CDNS",
    "name": "Cadence Design Systems, Inc.",
    "exchange": "MEX",
    "country": "MX",
    "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": "^MXX",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 58.999,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": -10.111,
    "architecture_energy": 32.528,
    "architecture_maturity": 61.066,
    "architecture_confidence": 77.915,
    "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": 44.15,
        "rotation_up": 16.67,
        "upward_expansion": 45.89,
        "deceleration": 85.04,
        "rotation_down": 55.53,
        "downward_expansion": 39.89
      },
      "activity_lines": [
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 5770.0,
    "trend_reference": 5765.222005,
    "distance_from_trend": 0.000829,
    "trend_direction": "Improving",
    "fair_value": 5490.472821,
    "distance_from_fair_value": 0.050911,
    "fair_value_direction": "Weakening",
    "relative_strength": -5.007903,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.193688,
    "excess_performance": 0.248355,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.000829,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.035138,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.050911,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.131724,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.050079,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.010023,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.193688,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.153477,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 3466,
      "relative_activity": 2.839587,
      "balance": 0.153477,
      "dry_up": 1.540021,
      "accumulation_observations": 0,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.059929,
      "annualized_volatility": 0.452158,
      "from_high_reference": -0.190403,
      "from_low_reference": 0.251898
    },
    "levels": {
      "trend_reference": 5765.222005,
      "fair_value_reference": 5490.472821,
      "structural_low": 4609.0,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 10,
        "median_return": 0.007618,
        "positive_rate": 0.7,
        "directional_follow_through": 0.7,
        "median_excess_return": 0.038942,
        "regime_survival": 0.2,
        "best_return": 0.119803,
        "worst_return": -0.142305,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
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        "positive_rate": 0.571429,
        "directional_follow_through": 0.571429,
        "median_excess_return": 0.046592,
        "regime_survival": 0.142857,
        "best_return": 0.235541,
        "worst_return": -0.115414,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.111721,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": 0.009427,
        "regime_survival": 0.0,
        "best_return": 0.26738,
        "worst_return": -0.224787,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
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        "best_return": 0.355537,
        "worst_return": -0.148204,
        "sufficient": false
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        "regime": "deceleration",
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        "color": "amber",
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        "end": "2024-08-30",
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        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "tenure": "Established",
        "return": -0.00084,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-02-21",
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        "tenure": "Developing",
        "return": -0.031463,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-18",
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        "tenure": "Developing",
        "return": 0.172913,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "active": false
      },
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        "regime": "upward_expansion",
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        "end": "2025-09-26",
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        "active": false
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      {
        "regime": "deceleration",
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        "regime": "downward_expansion",
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      {
        "date": "2026-04-03",
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      {
        "date": "2026-04-10",
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      {
        "date": "2026-04-17",
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        "date": "2026-04-24",
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      {
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        "date": "2026-05-15",
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      },
      {
        "date": "2026-05-22",
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        "date": "2026-06-05",
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      },
      {
        "date": "2026-06-12",
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      {
        "date": "2026-07-03",
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      {
        "date": "2026-07-10",
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      },
      {
        "date": "2026-07-17",
        "close": 5763.0,
        "volume": 2509,
        "typical_volume": 1058.3,
        "trend": 5747.422005,
        "fair_value": 5452.164358,
        "relative_strength": -6.206093,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
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        "direction": 25.803012,
        "energy": 21.873715,
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          6260.35967,
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      },
      {
        "date": "2026-07-24",
        "close": 5840.0,
        "volume": 1005,
        "typical_volume": 1080.6,
        "trend": 5753.622005,
        "fair_value": 5464.21641,
        "relative_strength": -4.191645,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.44844,
        "energy": 25.371982,
        "activity_lines": [
          6154.863997,
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      },
      {
        "date": "2026-07-31",
        "close": 6011.0,
        "volume": 539,
        "typical_volume": 1068.65,
        "trend": 5763.655339,
        "fair_value": 5478.004872,
        "relative_strength": -1.60074,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.210539,
        "energy": 28.331542,
        "activity_lines": [
          6053.531999,
          6302.325089,
          6255.079285,
          6023.650608
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      },
      {
        "date": "2026-08-07",
        "close": 5770.0,
        "volume": 3466,
        "typical_volume": 1220.6,
        "trend": 5765.222005,
        "fair_value": 5490.472821,
        "relative_strength": -5.007903,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -10.110842,
        "energy": 32.528269,
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      }
    ],
    "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."
    }
  }
}