{ "ticker": { "uuid": "075791e8-97e3-4045-a847-dffcfc9b69f4", "symbol": "HIW", "name": "Highwoods Properties Inc", "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": 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": 67.2, "architecture_energy": 65.889, "architecture_maturity": 46.992, "architecture_confidence": 88.319, "architecture_tenure": "Developing", "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": 4.54, "rotation_up": 66.59, "upward_expansion": 87.67, "deceleration": 63.59, "rotation_down": 20.77, "downward_expansion": 12.0 }, "activity_lines": [ 32.572, 31.940545, 29.62646, 27.770818 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 31.45, "trend_reference": 25.964724, "distance_from_trend": 0.211259, "trend_direction": "Improving", "fair_value": 24.783556, "distance_from_fair_value": 0.268987, "fair_value_direction": "Improving", "relative_strength": 5.374725, "relative_strength_direction": "Improving", "price_momentum": 0.259512, "excess_performance": 0.133887, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.211259, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.074047, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.268987, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.223073, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.053747, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.211749, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.259512, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.554219, "read": "Demand-led" } ], "volume": { "latest": 5632985, "relative_activity": 0.728781, "balance": 2.554219, "dry_up": 0.979697, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.061367, "annualized_volatility": 0.311657, "from_high_reference": -0.112459, "from_low_reference": 0.567794 }, "levels": { "trend_reference": 25.964724, "fair_value_reference": 24.783556, "structural_low": 20.060031, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 18, "median_return": 0.007769, "positive_rate": 0.555556, "directional_follow_through": 0.555556, "median_excess_return": 0.00176, "regime_survival": 0.777778, "best_return": 0.125418, "worst_return": -0.064835, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.019572, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.029934, "regime_survival": 0.5, "best_return": 0.273279, "worst_return": -0.167724, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.00925, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.085034, "regime_survival": 0.25, "best_return": 0.398337, "worst_return": -0.148138, "sufficient": false }, { "horizon": "Full 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95.118803, "activity_lines": [ 30.286667, 28.73204, 26.338043, 25.406316 ] }, { "date": "2026-07-10", "close": 31.22, "volume": 7556029, "typical_volume": 7731912.55, "trend": 24.911617, "fair_value": 24.449984, "relative_strength": 7.155765, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.719063, "energy": 88.317902, "activity_lines": [ 30.776, 29.414434, 26.966354, 25.827059 ] }, { "date": "2026-07-17", "close": 33.32, "volume": 6153328, "typical_volume": 7698382.95, "trend": 25.209471, "fair_value": 24.533652, "relative_strength": 16.182936, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.160725, "energy": 90.87257, "activity_lines": [ 31.742667, 30.351715, 27.755583, 26.369535 ] }, { "date": "2026-07-24", "close": 33.65, "volume": 7587204, "typical_volume": 7712136.2, "trend": 25.512244, "fair_value": 24.620811, "relative_strength": 17.964914, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.064357, "energy": 88.383151, "activity_lines": [ 32.587333, 31.196545, 28.522627, 26.914086 ] }, { "date": "2026-07-31", "close": 33.13, "volume": 10916074, "typical_volume": 7819672.8, "trend": 25.788405, "fair_value": 24.707441, "relative_strength": 14.813784, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.356048, "energy": 71.2091, "activity_lines": [ 32.967333, 31.789273, 29.183327, 27.405554 ] }, { "date": "2026-08-07", "close": 31.45, "volume": 5632985, "typical_volume": 7729327.45, "trend": 25.964724, "fair_value": 24.783556, "relative_strength": 5.374725, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.199924, "energy": 65.888821, "activity_lines": [ 32.572, 31.940545, 29.62646, 27.770818 ] } ], "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." } } }