{
  "ticker": {
    "uuid": "051d55ab-f98a-4daa-9748-1b2383269173",
    "symbol": "TENX",
    "name": "Tenax 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": "2a",
    "phase_label": "Stage 2A \u00b7 Early 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": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 35.888,
    "architecture_energy": 18.811,
    "architecture_maturity": 29.03,
    "architecture_confidence": 56.562,
    "architecture_tenure": "New",
    "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": 49.16,
        "rotation_up": 38.59,
        "upward_expansion": 62.7,
        "deceleration": 64.11,
        "rotation_down": 22.75,
        "downward_expansion": 15.04
      },
      "activity_lines": [
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        13.541817
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      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
    },
    "latest_close": 13.44,
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    "distance_from_trend": -0.000545,
    "trend_direction": "Improving",
    "fair_value": 9.675494,
    "distance_from_fair_value": 0.389076,
    "fair_value_direction": "Improving",
    "relative_strength": 5.293651,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.055774,
    "excess_performance": -0.13168,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.000545,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.098968,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.389076,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.291398,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.052937,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.007459,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.055774,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.050633,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 9791286,
      "relative_activity": 2.075603,
      "balance": 1.050633,
      "dry_up": 1.593284,
      "accumulation_observations": 5,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.154425,
      "annualized_volatility": 0.625103,
      "from_high_reference": -0.307216,
      "from_low_reference": 1.32526
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    "levels": {
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      "fair_value_reference": 9.675494,
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      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 13,
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        "positive_rate": 0.615385,
        "directional_follow_through": 0.615385,
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      },
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        "horizon": "Intermediate",
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        "sufficient": true
      },
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        "horizon": "Extended",
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        "horizon": "Full cycle",
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        "sufficient": false
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      },
      {
        "date": "2026-05-01",
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      },
      {
        "date": "2026-05-08",
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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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        "stage": 3,
        "regime": "rotation_down",
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        "date": "2026-06-12",
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      },
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      },
      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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        "fair_value": 9.982789,
        "relative_strength": 30.458173,
        "stage": 2,
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 3636807.15,
        "trend": 13.200667,
        "fair_value": 9.937853,
        "relative_strength": 43.193062,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
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      },
      {
        "date": "2026-07-17",
        "close": 15.85,
        "volume": 5285647,
        "typical_volume": 3830848.75,
        "trend": 13.292333,
        "fair_value": 9.875353,
        "relative_strength": 33.096706,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.905089,
        "energy": 68.813687,
        "activity_lines": [
          15.647333,
          14.152364,
          13.585452,
          13.439839
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      },
      {
        "date": "2026-07-24",
        "close": 14.53,
        "volume": 6305619,
        "typical_volume": 4099951.0,
        "trend": 13.354333,
        "fair_value": 9.804392,
        "relative_strength": 22.54492,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.537106,
        "energy": 66.673357,
        "activity_lines": [
          15.537333,
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          13.689024,
          13.519688
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      },
      {
        "date": "2026-07-31",
        "close": 13.7,
        "volume": 8681566,
        "typical_volume": 4329111.2,
        "trend": 13.442667,
        "fair_value": 9.74134,
        "relative_strength": 13.821699,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.955468,
        "energy": 52.793335,
        "activity_lines": [
          14.982,
          14.420909,
          13.695262,
          13.541989
        ]
      },
      {
        "date": "2026-08-07",
        "close": 13.44,
        "volume": 9791286,
        "typical_volume": 4717320.5,
        "trend": 13.447333,
        "fair_value": 9.675494,
        "relative_strength": 5.293651,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 35.887793,
        "energy": 18.810596,
        "activity_lines": [
          14.322667,
          14.380727,
          13.677405,
          13.541817
        ]
      }
    ],
    "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."
    }
  }
}