{ "ticker": { "uuid": "0af91aaa-503a-43c0-888a-ace861e334b8", "symbol": "INOD", "name": "Innodata 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": 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": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "mixed", "architecture_direction": -16.799, "architecture_energy": 25.625, "architecture_maturity": 40.17, "architecture_confidence": 71.121, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 47.96, "rotation_up": 14.57, "upward_expansion": 15.69, "deceleration": 66.01, "rotation_down": 58.34, "downward_expansion": 40.69 }, "activity_lines": [ 61.337333, 67.247818, 73.15819, 68.060301 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 62.33, "trend_reference": 62.183333, "distance_from_trend": 0.002359, "trend_direction": "Improving", "fair_value": 36.125032, "distance_from_fair_value": 0.725396, "fair_value_direction": "Weakening", "relative_strength": -10.050233, "relative_strength_direction": "Weakening", "price_momentum": 0.309729, "excess_performance": 0.122275, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.002359, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.110694, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.725396, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -1.071553, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.100502, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.449874, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.309729, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.498575, "read": "Supply-led" } ], "volume": { "latest": 12874956, "relative_activity": 1.5873, "balance": 0.498575, "dry_up": 0.824656, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.279985, "annualized_volatility": 1.177316, "from_high_reference": -0.501918, "from_low_reference": 0.820912 }, "levels": { "trend_reference": 62.183333, "fair_value_reference": 36.125032, "structural_low": 34.2301, "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": 8, "median_return": 0.105686, "positive_rate": 0.625, "directional_follow_through": 0.625, "median_excess_return": 0.109299, "regime_survival": 0.375, "best_return": 1.583333, "worst_return": -0.20442, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.224087, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.126821, "regime_survival": 0.0, "best_return": 1.197452, "worst_return": -0.414468, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.268065, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.326866, "regime_survival": 0.0, "best_return": 2.06879, "worst_return": -0.262979, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, 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"blue", "start": "2025-08-15", "end": "2025-09-05", "tenure": "New", "return": 0.081861, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-12", "end": "2025-09-19", "tenure": "New", "return": 0.128037, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2025-11-07", "tenure": "Developing", "return": -0.076858, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-14", "end": "2025-12-19", "tenure": "Developing", "return": -0.073589, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-26", "end": "2026-01-09", "tenure": "New", "return": 0.237288, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-16", "end": "2026-02-20", "tenure": "Developing", "return": -0.271693, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-27", "end": "2026-05-01", "tenure": "Developing", "return": -0.003396, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-08", "end": "2026-05-22", "tenure": "New", "return": 0.12475, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-29", "end": "2026-07-03", "tenure": "Developing", "return": -0.343875, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": -0.080678, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 13.59, "volume": 2903838, "typical_volume": 2476876.85, "trend": 9.0895, "fair_value": 6.307339, "relative_strength": 86.468295, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.70199, 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25.609656, "activity_lines": [ 75.208, 84.660364, 75.519571, 68.431634 ] }, { "date": "2026-07-17", "close": 60.81, "volume": 4658686, "typical_volume": 7609044.0, "trend": 61.830667, "fair_value": 35.20125, "relative_strength": -8.481194, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.122715, "energy": 23.183833, "activity_lines": [ 68.346, 79.527636, 75.071286, 68.382581 ] }, { "date": "2026-07-24", "close": 55.89, "volume": 3529303, "typical_volume": 7551444.05, "trend": 61.943333, "fair_value": 35.483814, "relative_strength": -14.4264, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.450624, "energy": 22.535104, "activity_lines": [ 62.516667, 73.938182, 74.07519, 67.999312 ] }, { "date": "2026-07-31", "close": 62.83, "volume": 5692948, "typical_volume": 7636861.0, "trend": 62.271333, "fair_value": 35.810994, "relative_strength": -4.515959, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.103165, "energy": 24.690009, "activity_lines": [ 61.641333, 70.341636, 73.688905, 68.056516 ] }, { "date": "2026-08-07", "close": 62.33, "volume": 12874956, "typical_volume": 8111232.4, "trend": 62.183333, "fair_value": 36.125032, "relative_strength": -10.050233, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.798695, "energy": 25.624968, "activity_lines": [ 61.337333, 67.247818, 73.15819, 68.060301 ] } ], "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." } } }