{ "ticker": { "uuid": "0aa29d52-fead-4321-9734-5d34356d865a", "symbol": "QUAD", "name": "Quad Graphics 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": "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": 86.85, "architecture_energy": 93.119, "architecture_maturity": 36.0, "architecture_confidence": 79.471, "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": 3.33, "rotation_up": 84.13, "upward_expansion": 97.4, "deceleration": 41.93, "rotation_down": 8.65, "downward_expansion": 21.73 }, "activity_lines": [ 9.538, 8.972182, 8.357288, 7.952369 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 10.18, "trend_reference": 7.411999, "distance_from_trend": 0.373449, "trend_direction": "Improving", "fair_value": 5.606716, "distance_from_fair_value": 0.81568, "fair_value_direction": "Improving", "relative_strength": 34.966617, "relative_strength_direction": "Improving", "price_momentum": 0.656797, "excess_performance": 0.531172, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.373449, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.14152, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.81568, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.414057, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.349666, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.263468, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.656797, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.43795, "read": "Demand-led" } ], "volume": { "latest": 2751080, "relative_activity": 2.521374, "balance": 1.43795, "dry_up": 1.472452, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.068171, "annualized_volatility": 0.42971, "from_high_reference": -0.086586, "from_low_reference": 1.045109 }, "levels": { "trend_reference": 7.411999, "fair_value_reference": 5.606716, "structural_low": 5.852722, "invalidation": "A sustained 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"regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.390443, "energy": 77.025804, "activity_lines": [ 8.403333, 8.083293, 7.770218, 7.469676 ] }, { "date": "2026-07-24", "close": 8.34, "volume": 571702, "typical_volume": 968480.05, "trend": 7.113922, "fair_value": 5.542934, "relative_strength": 17.779598, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.999832, "energy": 63.057918, "activity_lines": [ 8.424667, 8.178, 7.853635, 7.553395 ] }, { "date": "2026-07-31", "close": 10.39, "volume": 2530637, "typical_volume": 1041955.05, "trend": 7.27197, "fair_value": 5.577349, "relative_strength": 43.664712, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.916842, "energy": 90.526222, "activity_lines": [ 9.081333, 8.623091, 8.124795, 7.764755 ] }, { "date": "2026-08-07", "close": 10.18, "volume": 2751080, "typical_volume": 1091103.4, "trend": 7.411999, "fair_value": 5.606716, "relative_strength": 34.966617, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.85038, "energy": 93.118533, "activity_lines": [ 9.538, 8.972182, 8.357288, 7.952369 ] } ], "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." } } }