{ "ticker": { "uuid": "08efafaf-e26f-4fae-abab-e92b591c2610", "symbol": "VCTR", "name": "Victory Capital Holdings 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": "Established expansion", "architecture_gate": "up", "architecture_direction": 90.127, "architecture_energy": 94.492, "architecture_maturity": 48.0, "architecture_confidence": 80.233, "architecture_tenure": "Established", "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": 0.0, "rotation_up": 87.0, "upward_expansion": 99.74, "deceleration": 39.09, "rotation_down": 9.41, "downward_expansion": 21.74 }, "activity_lines": [ 101.186667, 96.066997, 90.186503, 85.145948 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 108.16, "trend_reference": 79.264033, "distance_from_trend": 0.364553, "trend_direction": "Improving", "fair_value": 56.546028, "distance_from_fair_value": 0.912778, "fair_value_direction": "Improving", "relative_strength": 30.583972, "relative_strength_direction": "Improving", "price_momentum": 0.537905, "excess_performance": 0.350451, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.364553, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.143297, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.912778, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.263438, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.30584, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.23875, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.537905, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.371434, "read": "Demand-led" } ], "volume": { "latest": 4426114, "relative_activity": 1.72721, "balance": 2.371434, "dry_up": 1.117075, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.061062, "annualized_volatility": 0.329554, "from_high_reference": -0.016101, "from_low_reference": 0.936208 }, "levels": { "trend_reference": 79.264033, "fair_value_reference": 56.546028, "structural_low": 60.555368, 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"direction": 76.232333, "energy": 55.485924, "activity_lines": [ 88.087333, 86.909663, 82.243392, 78.805914 ] }, { "date": "2026-07-17", "close": 98.52, "volume": 3182842, "typical_volume": 2844476.1, "trend": 75.603143, "fair_value": 55.178534, "relative_strength": 25.290085, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.900999, "energy": 70.042728, "activity_lines": [ 91.91, 89.156871, 84.232962, 80.362728 ] }, { "date": "2026-07-24", "close": 97.2, "volume": 2197210, "typical_volume": 2666820.3, "trend": 76.727502, "fair_value": 55.607329, "relative_strength": 25.184404, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.84863, "energy": 80.078853, "activity_lines": [ 94.380667, 90.91548, 85.952848, 81.756074 ] }, { "date": "2026-07-31", "close": 99.03, "volume": 1644213, "typical_volume": 2569893.0, "trend": 77.919442, "fair_value": 56.047796, "relative_strength": 26.283246, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.845564, "energy": 85.209686, "activity_lines": [ 96.782, 92.784931, 87.71286, 83.194945 ] }, { "date": "2026-08-07", "close": 108.16, "volume": 4426114, "typical_volume": 2562580.75, "trend": 79.264033, "fair_value": 56.546028, "relative_strength": 30.583972, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.126693, "energy": 94.491583, "activity_lines": [ 101.186667, 96.066997, 90.186503, 85.145948 ] } ], "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." } } }