{
  "ticker": {
    "uuid": "0ffd9288-3903-4a5c-80e5-c9aa1f465644",
    "symbol": "PAMT",
    "name": "PAMT CORP",
    "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": "2a",
    "phase_label": "Stage 2A \u00b7 Early 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": 55.734,
    "architecture_energy": 39.778,
    "architecture_maturity": 40.871,
    "architecture_confidence": 76.709,
    "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": 18.35,
        "rotation_up": 50.19,
        "upward_expansion": 76.01,
        "deceleration": 63.89,
        "rotation_down": 20.72,
        "downward_expansion": 5.01
      },
      "activity_lines": [
        15.186667,
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        12.738634
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 14.18,
    "trend_reference": 11.810833,
    "distance_from_trend": 0.200593,
    "trend_direction": "Improving",
    "fair_value": 15.183237,
    "distance_from_fair_value": -0.066075,
    "fair_value_direction": "Improving",
    "relative_strength": 7.687625,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.169967,
    "excess_performance": -0.017487,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.200593,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.128891,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.066075,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.295777,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.076876,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.322701,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.169967,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.186004,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 133621,
      "relative_activity": 1.603707,
      "balance": 2.186004,
      "dry_up": 1.344249,
      "accumulation_observations": 7,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.187785,
      "annualized_volatility": 0.640161,
      "from_high_reference": -0.201127,
      "from_low_reference": 0.983217
    },
    "levels": {
      "trend_reference": 11.810833,
      "fair_value_reference": 15.183237,
      "structural_low": 7.15,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 10,
        "median_return": 0.002279,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.000205,
        "regime_survival": 0.9,
        "best_return": 0.315596,
        "worst_return": -0.111531,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "worst_return": -0.290769,
        "sufficient": false
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        "worst_return": -0.065745,
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        "horizon": "Full cycle",
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          10.160538
        ]
      },
      {
        "date": "2026-05-01",
        "close": 9.71,
        "volume": 86809,
        "typical_volume": 105904.0,
        "trend": 10.366,
        "fair_value": 16.253654,
        "relative_strength": -26.544148,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.611828,
        "energy": 18.598926,
        "activity_lines": [
          9.623,
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          9.844048,
          10.114688
        ]
      },
      {
        "date": "2026-05-08",
        "close": 10.32,
        "volume": 52298,
        "typical_volume": 97369.35,
        "trend": 10.355667,
        "fair_value": 16.171795,
        "relative_strength": -24.582457,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -23.288101,
        "energy": 16.949806,
        "activity_lines": [
          9.904,
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          9.833524,
          10.11172
        ]
      },
      {
        "date": "2026-05-15",
        "close": 10.28,
        "volume": 48407,
        "typical_volume": 94867.05,
        "trend": 10.321,
        "fair_value": 16.081923,
        "relative_strength": -23.7798,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -20.186667,
        "energy": 15.146172,
        "activity_lines": [
          10.073,
          9.651636,
          9.821143,
          10.106839
        ]
      },
      {
        "date": "2026-05-22",
        "close": 11.98,
        "volume": 89156,
        "typical_volume": 95519.65,
        "trend": 10.347,
        "fair_value": 15.994231,
        "relative_strength": -11.641004,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 29.934758,
        "energy": 25.518606,
        "activity_lines": [
          10.743333,
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        ]
      },
      {
        "date": "2026-05-29",
        "close": 13.53,
        "volume": 89990,
        "typical_volume": 92477.65,
        "trend": 10.462333,
        "fair_value": 15.906603,
        "relative_strength": -2.424448,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 43.354543,
        "energy": 53.981117,
        "activity_lines": [
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          10.289667,
          10.419226
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      },
      {
        "date": "2026-06-05",
        "close": 13.77,
        "volume": 85491,
        "typical_volume": 89732.35,
        "trend": 10.574667,
        "fair_value": 15.82359,
        "relative_strength": 4.510214,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 68.039223,
        "energy": 71.775624,
        "activity_lines": [
          12.652667,
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      },
      {
        "date": "2026-06-12",
        "close": 15.87,
        "volume": 133314,
        "typical_volume": 93121.2,
        "trend": 10.769333,
        "fair_value": 15.752564,
        "relative_strength": 18.072501,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.362248,
        "energy": 87.791557,
        "activity_lines": [
          13.950667,
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      },
      {
        "date": "2026-06-19",
        "close": 13.55,
        "volume": 73392,
        "typical_volume": 91337.75,
        "trend": 10.894333,
        "fair_value": 15.669808,
        "relative_strength": -1.236461,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.701587,
        "energy": 77.832283,
        "activity_lines": [
          14.105333,
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        ]
      },
      {
        "date": "2026-06-26",
        "close": 14.75,
        "volume": 159000,
        "typical_volume": 94582.45,
        "trend": 11.086667,
        "fair_value": 15.592756,
        "relative_strength": 12.855624,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.373065,
        "energy": 73.459139,
        "activity_lines": [
          14.442,
          13.366,
          11.77619,
          11.402409
        ]
      },
      {
        "date": "2026-07-03",
        "close": 13.78,
        "volume": 68629,
        "typical_volume": 87560.65,
        "trend": 11.239667,
        "fair_value": 15.509295,
        "relative_strength": 5.225916,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.426181,
        "energy": 52.607821,
        "activity_lines": [
          14.270667,
          13.625818,
          12.044714,
          11.576172
        ]
      },
      {
        "date": "2026-07-10",
        "close": 14.1,
        "volume": 67356,
        "typical_volume": 86830.8,
        "trend": 11.351333,
        "fair_value": 15.439038,
        "relative_strength": 6.455436,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.922845,
        "energy": 40.938042,
        "activity_lines": [
          14.189333,
          13.870545,
          12.334333,
          11.76071
        ]
      },
      {
        "date": "2026-07-17",
        "close": 14.84,
        "volume": 131570,
        "typical_volume": 87421.85,
        "trend": 11.488333,
        "fair_value": 15.370705,
        "relative_strength": 17.129564,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.281096,
        "energy": 42.643166,
        "activity_lines": [
          14.332667,
          14.17,
          12.683929,
          11.985785
        ]
      },
      {
        "date": "2026-07-24",
        "close": 16.22,
        "volume": 110528,
        "typical_volume": 88634.25,
        "trend": 11.611,
        "fair_value": 15.312821,
        "relative_strength": 30.189393,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.912854,
        "energy": 46.159962,
        "activity_lines": [
          15.004667,
          14.638182,
          13.142095,
          12.291054
        ]
      },
      {
        "date": "2026-07-31",
        "close": 16.115,
        "volume": 72293,
        "typical_volume": 85525.0,
        "trend": 11.7465,
        "fair_value": 15.249776,
        "relative_strength": 28.321414,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.19043,
        "energy": 48.019345,
        "activity_lines": [
          15.463667,
          14.979273,
          13.559548,
          12.581634
        ]
      },
      {
        "date": "2026-08-07",
        "close": 14.18,
        "volume": 133621,
        "typical_volume": 83320.1,
        "trend": 11.810833,
        "fair_value": 15.183237,
        "relative_strength": 7.687625,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.733511,
        "energy": 39.777907,
        "activity_lines": [
          15.186667,
          14.893364,
          13.75431,
          12.738634
        ]
      }
    ],
    "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."
    }
  }
}