{ "ticker": { "uuid": "1313e285-4685-4408-818d-a10ed5408129", "symbol": "FTNT", "name": "Fortinet 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": "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": "Established expansion", "architecture_gate": "up", "architecture_direction": 67.067, "architecture_energy": 63.01, "architecture_maturity": 95.712, "architecture_confidence": 93.862, "architecture_tenure": "Established", "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": 7.14, "rotation_up": 56.55, "upward_expansion": 87.67, "deceleration": 65.77, "rotation_down": 28.51, "downward_expansion": 12.0 }, "activity_lines": [ 158.922667, 156.497455, 143.224857, 128.895548 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 159.64, "trend_reference": 111.639333, "distance_from_trend": 0.429962, "trend_direction": "Improving", "fair_value": 84.723141, "distance_from_fair_value": 0.884255, "fair_value_direction": "Improving", "relative_strength": 43.494589, "relative_strength_direction": "Improving", "price_momentum": 0.928951, "excess_performance": 0.741498, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.429962, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.275919, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.884255, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.426163, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.434946, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.352206, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.928951, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.475432, "read": "Demand-led" } ], "volume": { "latest": 26755882, "relative_activity": 0.911034, "balance": 3.475432, "dry_up": 0.953674, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.082301, "annualized_volatility": 0.477359, "from_high_reference": -0.072346, "from_low_reference": 1.170496 }, "levels": { "trend_reference": 111.639333, "fair_value_reference": 84.723141, "structural_low": 74.31, 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"Established expansion", "gate": "up", "direction": 77.778358, "energy": 70.945555, "activity_lines": [ 153.490667, 147.632, 127.321476, 114.987462 ] }, { "date": "2026-07-17", "close": 161.61, "volume": 23670083, "typical_volume": 29546414.85, "trend": 103.796, "fair_value": 82.923718, "relative_strength": 54.662052, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.531272, "energy": 70.982678, "activity_lines": [ 156.951333, 151.387091, 132.108095, 118.892387 ] }, { "date": "2026-07-24", "close": 152.37, "volume": 21302114, "typical_volume": 29100840.6, "trend": 106.156333, "fair_value": 83.408141, "relative_strength": 47.487807, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.170959, "energy": 65.658831, "activity_lines": [ 156.311333, 152.597818, 135.621476, 122.026194 ] }, { "date": "2026-07-31", "close": 161.95, "volume": 40304556, "typical_volume": 29771121.9, "trend": 108.958667, "fair_value": 84.082372, "relative_strength": 54.741885, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.259295, "energy": 65.480698, "activity_lines": [ 158.355333, 155.012364, 139.720095, 125.625785 ] }, { "date": "2026-08-07", "close": 159.64, "volume": 26755882, "typical_volume": 29368688.95, "trend": 111.639333, "fair_value": 84.723141, "relative_strength": 43.494589, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.066761, "energy": 63.010114, "activity_lines": [ 158.922667, 156.497455, 143.224857, 128.895548 ] } ], "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." } } }