{
  "ticker": {
    "uuid": "086ee068-bcfb-4acf-8470-0bbde4734933",
    "symbol": "CLDX",
    "name": "Celldex 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": "2c",
    "phase_label": "Stage 2C \u00b7 Late 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": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 80.401,
    "architecture_energy": 56.006,
    "architecture_maturity": 40.357,
    "architecture_confidence": 82.317,
    "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": 13.61,
        "rotation_up": 66.18,
        "upward_expansion": 80.72,
        "deceleration": 63.78,
        "rotation_down": 16.22,
        "downward_expansion": 7.39
      },
      "activity_lines": [
        38.429333,
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        35.080762,
        33.664237
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 41.71,
    "trend_reference": 31.418667,
    "distance_from_trend": 0.327555,
    "trend_direction": "Improving",
    "fair_value": 29.781603,
    "distance_from_fair_value": 0.400529,
    "fair_value_direction": "Improving",
    "relative_strength": 26.574605,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.755471,
    "excess_performance": 0.568018,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.327555,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.106499,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.400529,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.258781,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.265746,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.162324,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.755471,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.903903,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 5059608,
      "relative_activity": 1.030934,
      "balance": 1.903903,
      "dry_up": 0.97817,
      "accumulation_observations": 5,
      "distribution_observations": 1
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    "risk": {
      "range_context": 0.084354,
      "annualized_volatility": 0.527988,
      "from_high_reference": -0.028192,
      "from_low_reference": 1.114843
    },
    "levels": {
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      "fair_value_reference": 29.781603,
      "structural_low": 22.455,
      "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": 21,
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        "positive_rate": 0.52381,
        "directional_follow_through": 0.52381,
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        "regime_survival": 0.714286,
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        "worst_return": -0.238726,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "worst_return": -0.324963,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
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        "horizon": "Full cycle",
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 4929367.55,
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        "fair_value": 29.675962,
        "relative_strength": 13.799327,
        "stage": 2,
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        "modifier": "Re-accelerating",
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        "direction": 63.337083,
        "energy": 76.229591,
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          32.163613
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 4963865.7,
        "trend": 30.572667,
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        "relative_strength": 14.912777,
        "stage": 2,
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        "modifier": "Re-accelerating",
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        "direction": 61.893592,
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      },
      {
        "date": "2026-07-31",
        "close": 38.06,
        "volume": 4798422,
        "typical_volume": 4965545.75,
        "trend": 30.941,
        "fair_value": 29.708013,
        "relative_strength": 22.4969,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.004578,
        "energy": 54.647373,
        "activity_lines": [
          36.937333,
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          34.27919,
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      },
      {
        "date": "2026-08-07",
        "close": 41.71,
        "volume": 5059608,
        "typical_volume": 4907789.35,
        "trend": 31.418667,
        "fair_value": 29.781603,
        "relative_strength": 26.574605,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.400644,
        "energy": 56.005835,
        "activity_lines": [
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      }
    ],
    "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."
    }
  }
}