{ "ticker": { "uuid": "e400f18d-1e76-4cd9-9112-a1ac88d1ed08", "symbol": "CADL", "name": "Candel Therapeutics 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": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 72.737, "architecture_energy": 56.322, "architecture_maturity": 54.472, "architecture_confidence": 93.79, "architecture_tenure": "Established", "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": 5.24, "rotation_up": 61.76, "upward_expansion": 84.03, "deceleration": 55.71, "rotation_down": 22.56, "downward_expansion": 8.37 }, "activity_lines": [ 10.101333, 9.809818, 9.035524, 8.185656 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 10.59, "trend_reference": 7.236833, "distance_from_trend": 0.463347, "trend_direction": "Improving", "fair_value": 5.412064, "distance_from_fair_value": 0.95674, "fair_value_direction": "Improving", "relative_strength": 45.516893, "relative_strength_direction": "Improving", "price_momentum": 0.816467, "excess_performance": 0.629013, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.463347, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.235763, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.95674, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.199751, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.455169, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.21257, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.816467, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.160453, "read": "Demand-led" } ], "volume": { "latest": 4799467, "relative_activity": 0.564863, "balance": 2.160453, "dry_up": 0.697821, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.117953, "annualized_volatility": 0.651312, "from_high_reference": -0.067773, "from_low_reference": 1.434483 }, "levels": { "trend_reference": 7.236833, "fair_value_reference": 5.412064, "structural_low": 4.44, "invalidation": "A 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6.921833, "fair_value": 5.294115, "relative_strength": 40.771321, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.587014, "energy": 54.171531, "activity_lines": [ 9.762667, 9.392727, 8.539619, 7.759591 ] }, { "date": "2026-07-31", "close": 10.01, "volume": 6373887, "typical_volume": 8623798.2, "trend": 7.074167, "fair_value": 5.351551, "relative_strength": 45.702332, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.804661, "energy": 52.068871, "activity_lines": [ 9.842667, 9.566909, 8.772667, 7.958828 ] }, { "date": "2026-08-07", "close": 10.59, "volume": 4799467, "typical_volume": 8496690.05, "trend": 7.236833, "fair_value": 5.412064, "relative_strength": 45.516893, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.73653, "energy": 56.321727, "activity_lines": [ 10.101333, 9.809818, 9.035524, 8.185656 ] } ], "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." } } }