{
  "ticker": {
    "uuid": "f509854e-6755-4d40-8ff5-3b07d1df6554",
    "symbol": "CDLR",
    "name": "Cadeler A/S",
    "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": 3,
    "stage_name": "Distribution",
    "phase": "3b",
    "phase_label": "Stage 3B \u00b7 Distribution",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 62.641,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "down",
    "architecture_direction": -36.486,
    "architecture_energy": 20.609,
    "architecture_maturity": 20.305,
    "architecture_confidence": 60.993,
    "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": 54.49,
        "rotation_up": 24.74,
        "upward_expansion": 14.72,
        "deceleration": 44.77,
        "rotation_down": 24.66,
        "downward_expansion": 57.72
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      "activity_lines": [
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.0
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        "label": "Price vs current Fair Value",
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      {
        "label": "Fair Value direction",
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      {
        "label": "Relative Strength vs benchmark",
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        "value": -0.053839,
        "read": "Lagging"
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      {
        "label": "Relative strength direction",
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        "value": -0.273544,
        "read": "Weakening"
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      {
        "label": "Price momentum",
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        "value": -0.032337,
        "read": "Negative"
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        "label": "Volume balance",
        "positive": false,
        "value": 0.690985,
        "read": "Supply-led"
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      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
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      },
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        "date": "2026-04-24",
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      },
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        "date": "2026-05-08",
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      },
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        "date": "2026-05-15",
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        "date": "2026-05-22",
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      },
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        "date": "2026-05-29",
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      },
      {
        "date": "2026-06-05",
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      },
      {
        "date": "2026-06-12",
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      },
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      },
      {
        "date": "2026-06-26",
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        "stage": 3,
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      },
      {
        "date": "2026-07-03",
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        "fair_value": 21.846917,
        "relative_strength": -8.734138,
        "stage": 3,
        "regime": "rotation_down",
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 458801.6,
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        "fair_value": 21.851269,
        "relative_strength": -8.728435,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.450087,
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      },
      {
        "date": "2026-07-17",
        "close": 23.21,
        "volume": 582648,
        "typical_volume": 457529.85,
        "trend": 24.019667,
        "fair_value": 21.861333,
        "relative_strength": -3.933257,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.428868,
        "energy": 38.49279,
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          22.412,
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          24.211905,
          24.372172
        ]
      },
      {
        "date": "2026-07-24",
        "close": 22.63,
        "volume": 319022,
        "typical_volume": 449589.75,
        "trend": 24.132,
        "fair_value": 21.866985,
        "relative_strength": -5.52915,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.977694,
        "energy": 26.406008,
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          22.582,
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          24.025952,
          24.282516
        ]
      },
      {
        "date": "2026-07-31",
        "close": 22.71,
        "volume": 423579,
        "typical_volume": 449554.35,
        "trend": 24.254,
        "fair_value": 21.873139,
        "relative_strength": -6.061285,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -41.459102,
        "energy": 27.771273,
        "activity_lines": [
          22.715333,
          22.549455,
          23.855048,
          24.190774
        ]
      },
      {
        "date": "2026-08-07",
        "close": 23.64,
        "volume": 186522,
        "typical_volume": 435274.3,
        "trend": 24.358667,
        "fair_value": 21.885942,
        "relative_strength": -5.383918,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -36.486024,
        "energy": 20.60872,
        "activity_lines": [
          23.052,
          22.698,
          23.782476,
          24.151161
        ]
      }
    ],
    "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."
    }
  }
}