{ "ticker": { "uuid": "04015aa2-76d0-47b2-b1a5-76a2a51af34c", "symbol": "ALC", "name": "Alcon AG", "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": 4, "stage_name": "Declining", "phase": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 66.706, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -6.382, "architecture_energy": 11.552, "architecture_maturity": 66.204, "architecture_confidence": 55.009, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 61.18, "rotation_up": 31.93, "upward_expansion": 25.77, "deceleration": 48.54, "rotation_down": 19.14, "downward_expansion": 47.77 }, "activity_lines": [ 69.791333, 68.992182, 68.697987, 70.333631 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 71.81, "trend_reference": 72.859627, "distance_from_trend": -0.014406, "trend_direction": "Weakening", "fair_value": 81.148739, "distance_from_fair_value": -0.115082, "fair_value_direction": "Improving", "relative_strength": -14.683122, "relative_strength_direction": "Improving", "price_momentum": -0.078396, "excess_performance": -0.20402, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.014406, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.041039, "read": "Falling" 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"regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.396213, "energy": 19.532145, "activity_lines": [ 68.742667, 67.998727, 68.620516, 70.702721 ] }, { "date": "2026-07-31", "close": 68.94, "volume": 14102573, "typical_volume": 9626823.8, "trend": 73.106074, "fair_value": 81.198196, "relative_strength": -15.83594, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.027937, "energy": 16.113265, "activity_lines": [ 68.826667, 68.245091, 68.504761, 70.417249 ] }, { "date": "2026-08-07", "close": 71.81, "volume": 8811319, "typical_volume": 9646246.35, "trend": 72.859627, "fair_value": 81.148739, "relative_strength": -14.683122, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -6.381791, "energy": 11.55178, "activity_lines": [ 69.791333, 68.992182, 68.697987, 70.333631 ] } ], "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." } } }