{ "ticker": { "uuid": "0d5c9e7d-8842-4952-82d2-b7759f25d9bd", "symbol": "PGNY", "name": "Progyny 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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 64.411, "architecture_energy": 61.765, "architecture_maturity": 61.087, "architecture_confidence": 81.439, "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": 13.43, "rotation_up": 55.44, "upward_expansion": 85.04, "deceleration": 68.19, "rotation_down": 26.45, "downward_expansion": 11.71 }, "activity_lines": [ 30.206667, 29.829091, 27.378381, 25.268753 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 28.1, "trend_reference": 23.387667, "distance_from_trend": 0.201488, "trend_direction": "Improving", "fair_value": 25.549359, "distance_from_fair_value": 0.099832, "fair_value_direction": "Improving", "relative_strength": 5.849684, "relative_strength_direction": "Improving", "price_momentum": 0.280182, "excess_performance": 0.092729, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.201488, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.052914, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.099832, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.203589, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.058497, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.156902, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.280182, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.6133, "read": "Demand-led" } ], "volume": { "latest": 7406462, "relative_activity": 1.098005, "balance": 1.6133, "dry_up": 0.847018, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.081857, "annualized_volatility": 0.531901, "from_high_reference": -0.150159, "from_low_reference": 0.745342 }, "levels": { "trend_reference": 23.387667, "fair_value_reference": 25.549359, "structural_low": 16.1, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 14, "median_return": -0.046965, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.06385, "regime_survival": 0.5, "best_return": 0.086538, "worst_return": -0.17981, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.074391, "positive_rate": 0.285714, "directional_follow_through": 0.285714, "median_excess_return": -0.1086, "regime_survival": 0.285714, "best_return": 0.042308, "worst_return": -0.301784, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.113532, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.216149, "regime_survival": 0.0, "best_return": 0.084135, "worst_return": -0.436255, "sufficient": true }, { "horizon": "Full 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"fair_value": 25.753141, "relative_strength": 25.599325, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.877392, "energy": 93.773473, "activity_lines": [ 30.400667, 28.713455, 25.472952, 23.919914 ] }, { "date": "2026-07-24", "close": 31.19, "volume": 3922916, "typical_volume": 6851433.5, "trend": 23.171, "fair_value": 25.692756, "relative_strength": 24.375906, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.047296, "energy": 88.102329, "activity_lines": [ 30.971333, 29.410364, 26.270619, 24.44886 ] }, { "date": "2026-07-31", "close": 31.13, "volume": 5492662, "typical_volume": 6738954.85, "trend": 23.350667, "fair_value": 25.617308, "relative_strength": 23.167802, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.736467, "energy": 78.219338, "activity_lines": [ 31.181333, 29.952, 27.001238, 24.962344 ] }, { "date": "2026-08-07", "close": 28.1, "volume": 7406462, "typical_volume": 6745380.05, "trend": 23.387667, "fair_value": 25.549359, "relative_strength": 5.849684, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.410621, "energy": 61.764898, "activity_lines": [ 30.206667, 29.829091, 27.378381, 25.268753 ] } ], "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." } } }