{ "ticker": { "uuid": "ec7c1b30-c0e5-45ea-83eb-e3763df81417", "symbol": "CGNX", "name": "Cognex Corporation", "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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 46.672, "architecture_energy": 25.298, "architecture_maturity": 52.283, "architecture_confidence": 88.394, "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": 33.81, "rotation_up": 38.41, "upward_expansion": 61.85, "deceleration": 81.88, "rotation_down": 25.94, "downward_expansion": 18.51 }, "activity_lines": [ 65.1, 65.333273, 64.057403, 61.192592 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 66.89, "trend_reference": 56.790226, "distance_from_trend": 0.177844, "trend_direction": "Improving", "fair_value": 41.977729, "distance_from_fair_value": 0.593464, "fair_value_direction": "Weakening", "relative_strength": 17.794067, "relative_strength_direction": "Weakening", "price_momentum": 0.583226, "excess_performance": 0.395773, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.177844, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.193909, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.593464, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.007106, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.177941, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.124774, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.583226, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.278002, "read": "Demand-led" } ], "volume": { "latest": 13480881, "relative_activity": 1.279535, "balance": 1.278002, "dry_up": 0.946198, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.096124, "annualized_volatility": 0.580077, "from_high_reference": -0.08219, "from_low_reference": 0.938766 }, "levels": { "trend_reference": 56.790226, "fair_value_reference": 41.977729, "structural_low": 41.916021, "invalidation": "A 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"Re-accelerating", "gate": "up", "direction": 57.235591, "energy": 40.657291, "activity_lines": [ 66.011333, 65.491911, 62.615434, 59.298639 ] }, { "date": "2026-07-24", "close": 62.05, "volume": 8388715, "typical_volume": 10471507.9, "trend": 54.910007, "fair_value": 41.746022, "relative_strength": 16.711553, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.816552, "energy": 29.029787, "activity_lines": [ 64.606, 64.921455, 62.908875, 59.814346 ] }, { "date": "2026-07-31", "close": 65.24, "volume": 9248144, "typical_volume": 10384741.7, "trend": 55.857184, "fair_value": 41.854927, "relative_strength": 21.38011, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.752999, "energy": 23.919231, "activity_lines": [ 64.534, 64.969636, 63.445814, 60.480797 ] }, { "date": "2026-08-07", "close": 66.89, "volume": 13480881, "typical_volume": 10535762.2, "trend": 56.790226, "fair_value": 41.977729, "relative_strength": 17.794067, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.6718, "energy": 25.297628, "activity_lines": [ 65.1, 65.333273, 64.057403, 61.192592 ] } ], "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." } } }