{ "ticker": { "uuid": "ef542b01-e154-4ce9-8390-145b0e7cc952", "symbol": "CDNS", "name": "Cadence Design Systems, Inc.", "exchange": "VIE", "country": "AT", "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": "^ATX", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "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": 5.377, "architecture_energy": 26.387, "architecture_maturity": 64.991, "architecture_confidence": 74.759, "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": 52.61, "rotation_up": 17.97, "upward_expansion": 44.56, "deceleration": 85.15, "rotation_down": 48.61, "downward_expansion": 36.23 }, "activity_lines": [ 296.339996, 307.901816, 309.039998, 297.550966 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 297.649994, "trend_reference": 283.506665, "distance_from_trend": 0.049887, "trend_direction": "Improving", "fair_value": 268.65673, "distance_from_fair_value": 0.107919, "fair_value_direction": "Weakening", "relative_strength": -14.930839, "relative_strength_direction": "Weakening", "price_momentum": 0.255113, "excess_performance": 0.080866, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.049887, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.054451, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.107919, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.076338, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.149308, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.091922, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.255113, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.719915, "read": "Supply-led" } ], "volume": { "latest": 367, "relative_activity": 4.130557, "balance": 0.719915, "dry_up": 4.226224, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.062386, "annualized_volatility": 0.40135, "from_high_reference": -0.150785, "from_low_reference": 0.320541 }, "levels": { "trend_reference": 283.506665, "fair_value_reference": 268.65673, "structural_low": 226.850006, "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": 9, "median_return": 0.025084, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.030951, "regime_survival": 0.333333, "best_return": 0.084542, "worst_return": -0.135158, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.009505, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.002419, "regime_survival": 0.2, "best_return": 0.22002, "worst_return": -0.102396, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.043931, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.052053, "regime_survival": 0.0, "best_return": 0.231616, "worst_return": -0.230512, "sufficient": false }, { "horizon": 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"date": "2026-07-24", "close": 293.25, "volume": 229, "typical_volume": 31.85, "trend": 281.888332, "fair_value": 267.53141, "relative_strength": -14.994083, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.373578, "energy": 26.540207, "activity_lines": [ 306.369999, 317.249091, 308.90238, 295.887848 ] }, { "date": "2026-07-31", "close": 292.899994, "volume": 775, "typical_volume": 70.5, "trend": 282.883332, "fair_value": 268.066666, "relative_strength": -14.39, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.10246, "energy": 25.757383, "activity_lines": [ 299.433331, 311.83818, 308.844761, 296.598278 ] }, { "date": "2026-08-07", "close": 297.649994, "volume": 367, "typical_volume": 88.85, "trend": 283.506665, "fair_value": 268.65673, "relative_strength": -14.930839, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.377386, "energy": 26.387104, "activity_lines": [ 296.339996, 307.901816, 309.039998, 297.550966 ] } ], "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." } } }