{
  "ticker": {
    "uuid": "0a0022b7-ef77-41d0-a07c-06be62b4e72d",
    "symbol": "ENOV",
    "name": "Enovis Corp",
    "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": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 58.462,
    "architecture_energy": 63.892,
    "architecture_maturity": 12.712,
    "architecture_confidence": 65.071,
    "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": 32.87,
        "rotation_up": 68.95,
        "upward_expansion": 87.4,
        "deceleration": 44.96,
        "rotation_down": 9.24,
        "downward_expansion": 14.06
      },
      "activity_lines": [
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        24.958762,
        24.521548
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      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 26.61,
    "trend_reference": 23.996667,
    "distance_from_trend": 0.108904,
    "trend_direction": "Weakening",
    "fair_value": 39.51141,
    "distance_from_fair_value": -0.326524,
    "fair_value_direction": "Improving",
    "relative_strength": -10.788352,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.177955,
    "excess_performance": 0.05233,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.108904,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.043259,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.326524,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.048872,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.107884,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.056089,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.177955,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.772635,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 9646520,
      "relative_activity": 1.840384,
      "balance": 0.772635,
      "dry_up": 1.121836,
      "accumulation_observations": 2,
      "distribution_observations": 5
    },
    "risk": {
      "range_context": 0.124491,
      "annualized_volatility": 0.480098,
      "from_high_reference": -0.223746,
      "from_low_reference": 0.390282
    },
    "levels": {
      "trend_reference": 23.996667,
      "fair_value_reference": 39.51141,
      "structural_low": 19.14,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 12,
        "median_return": -0.053267,
        "positive_rate": 0.25,
        "directional_follow_through": 0.25,
        "median_excess_return": -0.057863,
        "regime_survival": 0.666667,
        "best_return": 0.096199,
        "worst_return": -0.109036,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
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        "regime_survival": 0.2,
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        "worst_return": -0.22402,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
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        "worst_return": -0.267621,
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      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "worst_return": -0.320446,
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    ],
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      {
        "regime": "deceleration",
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        "typical_volume": 4727051.55,
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        "stage": 4,
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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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        "typical_volume": 4982441.25,
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      },
      {
        "date": "2026-05-22",
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      },
      {
        "date": "2026-05-29",
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      },
      {
        "date": "2026-06-05",
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        "date": "2026-06-12",
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      },
      {
        "date": "2026-06-26",
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        "modifier": "Balance after decline",
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      },
      {
        "date": "2026-07-03",
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        "fair_value": 40.625,
        "relative_strength": -23.501118,
        "stage": 4,
        "regime": "balance",
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      },
      {
        "date": "2026-07-10",
        "close": 25.75,
        "volume": 7067200,
        "typical_volume": 5260408.75,
        "trend": 24.012667,
        "fair_value": 40.371859,
        "relative_strength": -12.735573,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -16.138672,
        "energy": 7.130766,
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          23.508,
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      },
      {
        "date": "2026-07-17",
        "close": 27.07,
        "volume": 5125210,
        "typical_volume": 5108792.25,
        "trend": 24.023,
        "fair_value": 40.127372,
        "relative_strength": -6.550242,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 30.839135,
        "energy": 21.522477,
        "activity_lines": [
          24.882667,
          23.964909,
          23.920619,
          23.834
        ]
      },
      {
        "date": "2026-07-24",
        "close": 27.03,
        "volume": 3896533,
        "typical_volume": 5033200.25,
        "trend": 24.011,
        "fair_value": 39.895128,
        "relative_strength": -5.80658,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 60.219285,
        "energy": 48.769473,
        "activity_lines": [
          25.892667,
          24.575091,
          24.230476,
          24.028
        ]
      },
      {
        "date": "2026-07-31",
        "close": 29.15,
        "volume": 4852502,
        "typical_volume": 5019728.45,
        "trend": 24.099,
        "fair_value": 39.702308,
        "relative_strength": 0.621095,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.189507,
        "energy": 69.659279,
        "activity_lines": [
          27.272,
          25.520909,
          24.730238,
          24.359548
        ]
      },
      {
        "date": "2026-08-07",
        "close": 26.61,
        "volume": 9646520,
        "typical_volume": 5241579.25,
        "trend": 23.996667,
        "fair_value": 39.51141,
        "relative_strength": -10.788352,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.461979,
        "energy": 63.892088,
        "activity_lines": [
          27.375333,
          25.914727,
          24.958762,
          24.521548
        ]
      }
    ],
    "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."
    }
  }
}